Regulation


Income plummets by 24% as BSB regulates smaller than expected number of firms

30 November 2015

The Bar Standards Board has reported that its annual income is expected to plummet by almost a quarter (24%) by the end of this financial year, with the smaller than expected number of firms or ‘entities’ that had sought its oversight contributing significantly to the shortfall.


Solicitors should be able to practise from unregulated firms, SRA suggests

27 November 2015

Practising solicitors should be allowed to deliver advice to the public from unregulated firms, subject to restrictions, the Solicitors Regulation Authority has suggested as part of a phased review of how it regulates both individuals and organisations.


Ex-partners fined for exchanging offensive emails

27 November 2015

The Solicitors Disciplinary Tribunal has fined three former partners who sent each other emails containing offensive comments about colleagues over several months. It said the emails contained “derogatory and hurtful comments about individuals, including some colleagues, which were based on gender, sexual orientation and/or race”.


SRA withdraws solicitor’s suspension following intervention

25 November 2015

The Solicitors Regulation Authority has taken the unusual step of restoring a solicitor’s practising certificate after discovering he was not a partner in a law firm that was the subject of an intervention.


Reprimand and fine for barrister who admitted talking to jurors after trial

25 November 2015

A barrister who admitted that he had talked to jurors at Basildon Railway Station after a trial has been reprimanded and fined £300 by a Bar disciplinary tribunal. Mohammed Omar Faruk said the incident was unintentional.


Failure of QC appointment system to deliver diversity “should cast doubt on future of status”

24 November 2015

Abolishing the status of QC should now be seriously considered in the light of research that shows male Oxbridge-educated junior barristers from London-based chambers are still far more likely to take silk, according to a new study by the London School of Economics and Political Science.


Former Blake Lapthorn partner agrees to leave profession over client account withdrawals

23 November 2015

A former partner at Blake Lapthorn has agreed with the Solicitors Regulation Authority that he will apply for his name to be removed from the roll after admitting five improper withdrawals of client money totalling almost £222,000. He used client money, without consent, for the benefit of another client – known as ‘teeming and lading’.


BSB promises action after report finds “highly variable” standards of youth court advocacy

20 November 2015

The Bar Standards Board has accepted in principle all the recommendations of a hard-hitting report which found “highly variable” standards of advocacy in the youth courts. Only 52% of advocates thought they had sufficient knowledge of the youth justice system to do their job properly.


Paraskeva highlights “unfinished business” of Legal Services Act as she sets out stall at CLC

18 November 2015

Real separation of representative and regulatory functions at organisations like the Law Society and Bar Council is “unfinished business” of the Legal Services Act, according to the woman who led the society’s negotiations with the government in the run-up to the Act.


Probate manager who admitted 140 “improper withdrawals” from client accounts blamed pressure of work

17 November 2015

A probate manager who admitting making 140 “improper withdrawals” over a period of 11 years, resulting in a client account shortage of £730,000, has been banned from working for law firms. Though he acted recklessly, the Solicitors Disciplinary Tribunal did not find him dishonest.

← Older posts Page 236 of 397 Newer posts →

Blog


Amplifying reach through employee-driven thought leadership

Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.


Divorce escrow: asset sales before final settlement

When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.


AML lacks clarity – and standards are suffering

If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.


Loading animation