Regulation


Rebuke for male solicitor handed caution for assaulting woman

9 February 2021

A solicitor who received a caution for assault by beating a female family member has been rebuked by the Solicitors Regulation Authority. It accepted the conduct was “out of character”.


Privilege waived in litigation between law firms

9 February 2021

Legal professional privilege was waived by the liquidators of a company when they released a file to a litigant to help her sue her law firm for negligence, the High Court has ruled.


Solicitor who misled potential employer suspended indefinitely

8 February 2021

A solicitor who twice misled a potential employer into believing he was still in a job – when in fact he had been sacked six months earlier – has been suspended indefinitely.


Virtual chambers brings in first QC as it outlines global ambition

8 February 2021

A virtual set of tax and revenue-specialist barristers has multiplied from its two founders to 11 members since it launched last summer, with several based overseas as it looks to build a global practice.


SRA: New areas of practice and legalised cannabis present AML risks

5 February 2021

Firms getting into new areas of work because of the impact of Covid, along with handling funds generated through the legal sale of cannabis abroad, are among emerging money laundering risks.


Prospect of negative interest rates and law firm dilemma moves closer

5 February 2021

The possibility of negative interest rates moved a step closer yesterday amid continuing uncertainty over whether law firms could pass on to clients the cost of holding their money.


“Ignorance” the main barrier to law firm EOTs, says newest adopter

4 February 2021

The managing director of the latest law firm to become an employee ownership trust has said the biggest barrier is the “ignorance” of solicitors.


Solicitor’s mismanagement combined with COFA’s incompetence

4 February 2021

A solicitor whose “reckless mismanagement” of her law firm’s finances damaged the profession’s reputation has been struck off, and her COFA banned for “manifest incompetence”.


Conveyancer blamed secretary to “cover up lack of progress”

3 February 2021

A solicitor who lied to a lender, a client, his law firm and the Land Registry to cover up the lack of progress made on his clients’ matters – but blamed his secretary – has been struck off.


AI can form part of anti-money laundering armoury, law firms told

3 February 2021

New technologies such as biometrics, machine learning and artificial intelligence can now form part of the anti-money laundering armoury, law firms have been told.

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Blog


The cost of systemic failure and childbirth injuries

Recent reports show that the NHS has paid almost £3.5bn in medical claims around childbirth injuries over the past six years.


Mazur: when regulators make simple things complicated

What the last six months have shown is that supervision cannot be treated as a background compliance obligation quietly managed somewhere in a firm’s operational processes.


How unstoppable AI is reshaping UK legal practice

At a time when most technology innovation still flows from the US and China, UK lawtech is attracting growing international attention and capital.


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