Property

An assistant solicitor whose failure to comply with an undertaking in a property transaction cost his firm’s insurer £440,000 has been fined £5,500.

The UK legal services market grew by 10% to £52bn last year and is heading towards a strong 2025 too, according to new research.

An assurance given by a solicitor in a conveyancing transaction was an undertaking, even if he did not use the word, the Solicitors Disciplinary Tribunal has ruled.

An elderly in-house solicitor who handled reserved legal work without authorisation, and used his personal bank account to process £86m of client money, has agreed to leave the profession.

A law firm that failed to conduct proper anti-money laundering checks while acting for a politically exposed person has been fined £25,000.

The extent of the Law Society’s misjudgement in last year’s launch of the updated TA6 property information form has been laid out by research it commissioned.

Conveyancers have been warned over efforts to amend agreed conditions of sale to take into account the possibility of not completing before SDLT changes.

A major City law firm can continue bringing a case it took on assignment from former clients which could mitigate a possible professional negligence claim.

Artificial intelligence will not mark the end of the traditional conveyancer and will instead put them back into their old trusted advisor role, a roundtable has heard.

Lloyd Davies, the high-profile licensed conveyancer who has been permanently disqualified, is now in the process of transferring his shares in his firm, it has confirmed.