Regulation


Law firm to recoup money paid out of client account without consent

27 May 2021

A businessman who refused to repay a £626,000 loan made by a law firm partner from a client’s funds without their consent has been ordered to make good the money.


Solicitor who misused vulnerable clients’ compensation struck off

27 May 2021

A solicitor used “vulnerable” clients’ money for his own purposes, as well as holding onto cash for disbursements and leaving client damages in his office account, has been struck off.


SRA cyber-losses clause “could force firms to close”

27 May 2021

Plans by the Solicitors Regulation Authority to add a new cyber-losses clause to indemnity insurance policies could force some law firms to close, the Law Society has warned.


Barrister can be sued for second advice on same case, CA rules

26 May 2021

A barrister who cannot be sued for initial advice to a housing client for limitation reasons can be sued for a later, overlapping piece of advice on the same case, the Court of Appeal has ruled.


Option for online exams to become permanent, SRA decides

25 May 2021

Emergency measures allowing legal practice course (LPC) students to take their exams at home during the pandemic are to become permanent where there is a “clear rationale” to do so, the Solicitors Regulation Authority (SRA) has decided. Further work will… Read More


Barrister who switched from crime to family “was not on top of the rules”

24 May 2021

A barrister sanctioned for talking to the opposing lay client in the absence of their lawyer had switched from criminal to family law and “was simply not on top” of the rules, it has emerged.


BSB probing barrister who tweeted about “stroppy teenager of colour”

24 May 2021

The Bar Standards Board is taking action against the barrister who caused a storm of outrage by tweeting about “the stroppy teenager of colour”, he has confirmed.


SRA backs down over cut to Compensation Fund payout limit

21 May 2021

The Solicitors Regulation Authority has backed down over its controversial plan to cut the maximum award from its Compensation Fund from £2m to £500,000.


Sloppy law firms “using Covid as excuse” for regulatory shortcomings

20 May 2021

Law firms are using the pandemic as “an excuse” for failing to do things and this could lead to questions from their regulator, an accountant specialising in Solicitors Accounts Rules audits has warned.


Anger over proposed ‘good faith’ rule for immigration lawyers

20 May 2021

Government plans to impose a ‘good faith’ requirement on immigration lawyers have been strongly attacked by solicitors and barristers, while the Legal Services Board has also questioned it.

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Blog


The ongoing rise and challenge of housing disrepair in council properties

Britain’s housing disrepair crisis has quietly evolved into one of the most consequential legal and political issues facing the country’s social housing sector.


Yazad Bajina

Source of funds is where AML really gets tested

It’s a familiar story: a PDF of a bank statement lands in your inbox, your client leaves a cursory note explaining what some of the transactions mean, and you close the file.


Firms need to move faster on AI pricing

Law firms are trying to rethink pricing while still operating on business models fundamentally built around time.


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