A Surrey law firm has been fined £10,000 for breaches of the anti-money laundering rules in its training, approach to risk assessment and in a conveyancing transaction which produced £850 in fees.
A solicitor jailed for more than three years for forging Land Registry documents in a family dispute with the owners of a Newcastle takeaway has been struck off.
Controversial Solicitors Regulation Authority plans to cut the maximum award from its Compensation Fund from £2m to £500,000 are facing rejection by the Legal Services Board.
The extent to which losses caused by cyber attacks are covered by law firms’ professional indemnity insurance policies is to be clarified by the Solicitors Regulation Authority.
A solicitor acted for both sides in a house sale at an undervalue between a 78-year-old woman and her 34-year-old boyfriend, which was set aside by the High Court on the grounds of undue influence.
National law firm Irwin Mitchell has been granted summary judgment in a professional negligence claim because the retainer prevented its former client assigning his cause of action.
Two solicitors who issued £1m in loan notes to prop up their firm have been struck off for misusing the money and leaving their investors nursing huge losses.
A management accountant jailed for stealing £400,000 from a major City law firm over six years has now been banned from working in the legal profession.
A veteran solicitor who was tricked by an email fraud to pay out £290,000 in proceeds from a conveyancing transaction to a third party has been fined £10,000.
A solicitor has begun a petition urging the Solicitors Regulation Authority to allow firms to make unsolicited approaches to consumers online, saying the blanket ban goes too far.
What the pandemic has brought into sharp focus for firms is a desire to reduce costs. In 2019, research found cost reductions were last on a long list of priorities for firms; now they are near the top.
As my legal career progressed, I began to realise the reality was very different than I had envisaged. I was in a constant state of stress, working very long hours. I normalised the stress, as it seemed to be everywhere I looked.