Regulation


LSB praises “impressive progress” made by smallest regulator

22 June 2021

The Legal Services Board has commended the “impressive progress” made by the Costs Lawyer Standards Board – the smallest of the legal regulators – in meeting its performance framework.


Lewd barrister thought he could act with impunity towards mini-pupil

21 June 2021

An experienced barrister who made crude sexual comments to a student on a mini-pupillage thought he could act as he did “without anyone doing anything about it”, a tribunal has found.


Solicitor deceived Claims Direct into paying him £9.75m, judge rules

21 June 2021

Colin Poole, the solicitor boss of Claims Direct, deceived the company into paying him £9.75m when he failed to deliver on a promise to divest his interest in his law firm, the High Court has ruled.


Review to probe impact of Post Office scandal on lawyer regulation

18 June 2021

A probe into the lessons of the Post Office scandal for corporate governance, criminal justice and lawyer regulation has been launched and will push regulators to effect change.


SRA to follow FCA on capping claims management fees

18 June 2021

The SRA is to follow the approach of the Financial Conduct Authority when capping the fees law firms charge for financial services claims management work – and will leave personal injury work alone for now.


£10m paid out last year to victims of solicitors’ dishonesty

17 June 2021

The SRA Compensation Fund paid out more than £10m to the victims of solicitors’ financial dishonesty last year, a 37% increase on the previous 12 months, new figures have shown.


SRA formally begins life as a separate corporate entity

16 June 2021

The board of trustees and directors of Solicitors Regulation Authority Ltd met for the first time last week after agreeing the transfer of £9m in assets to the new company from the Law Society.


Ban for law firm revenue controller who diverted payments to own bank account

16 June 2021

A law firm revenue controller given a suspended jail sentence after diverting £32,000 in payments meant for suppliers to his own bank account has been banned from working in the profession.


SRA keeps SIF open in face of hardening insurance market

15 June 2021

A hardening indemnity insurance market and pressure from the Law Society have persuaded the Solicitors Regulation Authority to keep the Solicitors Indemnity Fund open for a further year.


Call to curb return to practice of barristers suspended for sexual misconduct

15 June 2021

Barristers suspended for sexual misconduct should face conditions when they return to practice, such as bans from taking pupils or being featured in legal directories.

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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.


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