Solicitors
Fine for solicitor who acted on both sides in “undue influence” house sale
A solicitor acted for both sides in a house sale at an undervalue between a 78-year-old woman and her 34-year-old boyfriend, which was set aside by the High Court on the grounds of undue influence.
Negligence claim against Irwin Mitchell thrown out after assignment
National law firm Irwin Mitchell has been granted summary judgment in a professional negligence claim because the retainer prevented its former client assigning his cause of action.
Solicitors who misused £1m raised from loan notes struck off
Two solicitors who issued £1m in loan notes to prop up their firm have been struck off for misusing the money and leaving their investors nursing huge losses.
Ban for accountant jailed over £400k theft from major City law firm
A management accountant jailed for stealing £400,000 from a major City law firm over six years has now been banned from working in the legal profession.
Solicitor paid away £290k of sale proceeds after falling for email fraud
A veteran solicitor who was tricked by an email fraud to pay out £290,000 in proceeds from a conveyancing transaction to a third party has been fined £10,000.
Petition calls for SRA to allow unsolicited approaches online
A solicitor has begun a petition urging the Solicitors Regulation Authority to allow firms to make unsolicited approaches to consumers online, saying the blanket ban goes too far.
No TUPE protection for staff after firm’s owner made bankrupt
There was no protection for staff under the TUPE after the sole owner of a law firm was made bankrupt and the practice taken over, the Employment Appeal Tribunal has ruled.
Tribunal awards ex-Kingly solicitors £37k in compensation
Five solicitors, a solicitor apprentice and a legal assistant who worked at one of the largest law firms to be shut down by the SRA have been awarded more than £37,000 by an employment tribunal.
Law firms should advertise unbundled advice, says consumer panel
Law firms should advertise unbundled services or offer them directly to clients, the Legal Services Consumer Panel has said, highlighting the “untapped potential” to support consumers in accessing advice.
US court lifts prosecution risk for City firm holding disputed funds
City law firm Clyde & Co has been given permission to pay into court $325m it is holding in an escrow account, after an American judge removed the risk of it being prosecuted for doing so.