Solicitors
Asons liquidators settle action against successor firm
The liquidators of Asons have settled their claim against its successor practice, after alleging that the controversial personal injury law firm was sold at an undervalue.
Solicitor and firm sanctioned over property work
A law firm earned some £800,000 in fees on three failed property development schemes as well as ‘quick sale’ conveyancing where it acted for both sides, a tribunal has heard.
Virtual legal business launches US subsidiary
A virtual law business that uniquely combines regulated and unregulated legal practices, with lawyers in the UK and across the world, has launched a subsidiary in the USA.
SRA defends decision to prosecute Matthews
The boss of the Solicitors Regulation Authority has told junior lawyers that he is satisfied that its handling of the Claire Matthews case was “appropriate”.
Solicitor “abandoned clients” after PI reforms wrecked firm
A solicitor who closed his firm in a chaotic manner after it was devastated by the personal injury reforms – even allowing two clients to attend court without representation – has been suspended.
Solicitor struck off for lying about counsel attending mediation
A solicitor who “reluctantly” admitted that he acted dishonestly in telling the other side of a dispute that counsel would be attending a mediation, when she had not been instructed, has been struck off.
Call for review of regulator costs in unsuccessful prosecutions
The Law Commission should review whether regulators such as the Solicitors Regulation Authority should be insulated from costs orders in disciplinary actions they lose, a senior judge has suggested.
Shut-down firm ordered to pay former staff £375,000
A law firm shut down by its regulator last year has been ordered to pay former staff £375,000 for multiple employment law breaches.
Coronavirus prompts SRA to rethink closure of SIF
The Solicitors Regulation Authority is to look again at whether to close the Solicitors Indemnity Fund – which covers claims made after firms’ run-off cover expires – in September this year.
Partner who lied about indemnity insurance is struck off
A solicitor who let his firm operate without indemnity insurance, then lied about it to his regulator and a new insurer, has been struck off.
Blog
Why this is the year for law firms to embrace generative AI
After more than a year of pilots, proofs of value and early experimentation, firms are increasingly embedding AI into day-to-day workflows.
Client account interest is not spare change
The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.
The formula for finance-enabled business development
Client concentration or over-dependence now counts as a top strategic risk for 26% of firms. Cross-selling is an antidote – a way to bolster revenue resilience without relying on client acquisition.
