Latest news
Law firm fined £64k for AML breaches lasting six years
A Kent law firm has been fined nearly £64,000 for basic anti-money laundering control breaches over many years, one of the larger penalties handed out for the failures.
SRA and others obtain restraint order against law student
The Solicitors Regulation Authority and five government department have obtained a restraint order against a law student who has brought multiple employment claims against them.
Wealth management business sells ABS to local law firm
A blue-chip wealth management company has transferred the law firm it has owned since 2017 to a well-known East Midlands law firm.
Employment law platform raises £2m to expand use of GenAI
An employment law platform which has helped 12,000 people bring their own tribunal claims – providing unbundled services – has raised £2m in seed funding.
Leading personal injury law firms “starting to turn a corner”
As consolidation in the personal injury market increases, there are signs that “most of the leading players in the sector are starting to turn a corner”, a report has found.
Law Society “pauses” work on material information form
The Law Society has “paused” work on a material information form for conveyancers, after National Trading Standards withdrew it guidance on the issue last month.
Two-year suspension for partner who sexually harassed colleague
A partner who told a junior colleague that he wanted to “dominate you sexually” has been suspended for two years – but his identity kept secret.
Consumer panel urges complaints data publication in shake-up
The Legal Services Consumer Panel has expressed its frustration and “deep concern” over the “persistent failure” of lawyers to effectively deal with complaints from consumers.
Clients must understand conveyancers’ climate change role
Conveyancers must make it “very clear” to clients whether or not they are taking on liability in checking for climate change issues, a director at a leading indemnity insurer has warned.
Funder challenges charity’s £30m “windfall” from Mastercard settlement
The Access to Justice Foundation should not make more out of the Mastercard settlement than the funder who took all the risks, the High Court has been told.
Blog
A new era of legal operations
What we are seeing in the UK legal market is extraordinary change that will greatly influence how firms operate and compete for years to come.
Strong AML controls are meaningless with incomplete data
One expectation as the FCA takes control of anti-money laundering oversight is a move towards more supervision rather than simply writing new rules.
Navigating the legal AI productivity-profitability paradox
Firms are achieving efficiencies through AI, especially in the practice of law. Yet many are struggling to see that reflected in their financial outcomes
