Regulation


Exclusive: Barrister ABS offers couples ‘single joint expert’ approach to divorce

15 May 2018

Two family law barristers have set up what is believed to be the first service allowing separating couples to obtain advice from a single legal expert at any point in the process. They are launching The Divorce Surgery as an alternative business structure regulated by the Bar Standards Board later this week.


Notaries lose confidence in regulator’s ability to oversee probate and conveyancing work

15 May 2018

The Notaries Society is calling on the profession’s regulator, the Faculty Office of the Archbishop of Canterbury, to abandon its oversight of the “extremely high risk” activities of probate and conveyancing given the cost needed to do it properly. The society said its ruling council decided last month with “a degree of reluctance” to call for the pull-out.


Exclusive: Rocket Lawyer receives waiver to employ solicitors

14 May 2018

Unregulated online legal services company Rocket Lawyer has received a waiver to allow practising solicitors to advise its clients, Legal Futures can reveal. Peninsula – the business services giant that owns Croner – has its own waiver, and is highlighting to potential customers the benefits of privilege that come with it, we can also report.


Call for “emotional competency” push as Mental Health Awareness Week kicks off

14 May 2018

Training law students in emotional competency, and a change in culture, led from the top, in law firms and chambers are among the shifts needed to combat the growing problem of stress in the legal profession, according to a roundtable held in the run-up to Mental Health Awareness Week, which begins today.


Investigation of law firm accounts reports “tripled in two years”, impact report shows

11 May 2018

The number of qualified accountants’ reports due to rule breaches has fallen by two-thirds since the rules were changed in 2015, but the amount then being investigated for possible rule breaches has tripled, it has emerged. A handful of them have led to regulatory action as a result.


Call to investigate barriers to ABSs moving into other professional services

10 May 2018

The Solicitors Regulation Authority should investigate whether there are regulatory barriers to law firms that become alternative business structures providing other professional services such as accountancy and surveying, rather than vice versa, a report it commissioned has recommended.


Revealed: Leading HR company is first unregulated firm allowed to employ solicitors who can advise clients

4 May 2018

Leading HR company Croner has become the first unregulated business allowed to employ practising solicitors who can advise its clients. The move, facilitated by a waiver issued by the Solicitors Regulation Authority as part of its innovation ‘safe space’, will also allow Croner to offer training contracts.


SDT fines “sloppy” partner £10,000 for failing to confirm conveyancing instructions or check funds

4 May 2018

A partner has been fined £10,000 plus £28,000 costs for being “sloppy, lazy and careless” for acting in conveyances on the instructions of a third party without confirming them with the clients or conducting due diligence on the clients or transaction funds.


Solicitor “taken in” by gangster struck off for money laundering offences

3 May 2018

A solicitor who claimed that he “unwittingly facilitated” money laundering on behalf of an associate of convicted murderer and drug dealer Dale Cregan has been struck off. He was jailed for nine months last year after being convicted of seven counts of failing to comply with money laundering regulations and one count of failing to disclose his suspicions.


Barristers are not “data processors” under GDPR, Bar Council tells solicitors

2 May 2018

Self-employed barristers are “data controllers” and not “data processors” for the purposes of the General Data Protection Regulation (GDPR) as they need to be able to act independently of instructing solicitors, the Bar Council has said.

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Blog


The SRA needs to admit it got it wrong about SLAPPs

The High Court judgment in Ashley Hurst v SRA in January raises serious questions about the regulator’s approach to allegations of SLAPP-like behaviour.


Why menopause support belongs on every law firm’s agenda

Progression in the law slows significantly as women approach senior leadership. Most will be at the height of their careers around the average age menopause symptoms begin.


Law firms need to go beyond document checks

At the root of every failed compliance review is a familiar phrase: a calm assertion of “but we did a document check”.


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