Compliance & Regulation


Government finally unveils laws to clamp down on SLAPPs

13 June 2023

The government is to define in law what a SLAPP is in relation to economic crime and require claimants to prove it has a reasonable chance of success to advance it in court.


CILEX move “could open door to single regulator”

12 June 2023

The dispute between CILEX and its regulator opens the door to a single regulator for the legal profession, another of the regulators has cautioned.


Solicitor handed record SRA fine for accounts rules breaches

9 June 2023

The Solicitors Regulation Authority has fined a senior partner £18,750 for accounts rules breaches – the biggest fine for an individual since the regulator was given increased powers last year.


Pandemic experience has given lawyers more confidence in tech

7 June 2023

The experience of the pandemic has given lawyers greater confidence in innovation and technology, leading to a “step change” in their use over the past three years, major research has found.


Solicitor failed to tell clients their claims had been struck out

7 June 2023

A senior solicitor who misled two clients for three years over the progress of their personal injury claims – when they had actually been struck out – has been struck off.


“About time” – Post Office replaces HSF as Horizon inquiry lawyers

6 June 2023

The Post Office has replaced City giant Herbert Smith Freehills as its solicitors for the ongoing Horizon IT Inquiry, it announced yesterday, a move observers suggested was overdue.


Career barriers “could widen ethnicity attainment gap” in SQE

6 June 2023

Career barriers facing law students from ethnic minority backgrounds could affect their performance in the SQE if they feel there is little point in doing well.


Vaginal mesh claimants “distraught” after SRA closes firm

5 June 2023

Women who claim to have been harmed by vaginal mesh implant surgery have been left “angry and distraught” after the SRA closed down a law firm acting for them.


Barrister suspended for recklessly misleading Court of Appeal

5 June 2023

A barrister who recklessly misled the Court of Appeal – and made “serious and misconceived allegations” against other lawyers in doing so – has been suspended for a year.


Lawyers face beefed-up rules on handling complaints

5 June 2023

Changes to statutory requirements on how lawyers handle complaints will move closer this week amid concern that consumers are being let down at the moment.


Fine for firm that failed to recognise conflict in property dispute

5 June 2023

A law firm that failed to recognise a conflict of interest when it acted for one party in a dispute over a boundary issue on a property it had divided has been fined £4,250.


Solicitor who “continuously and repeatedly” lied to client is struck off

2 June 2023

A solicitor who “continuously and repeatedly” lied to a client about the progress of his professional negligence claim has been struck off.


Lawyer eco-campaigners urge City giant to stop fossil fuel work

1 June 2023

Climate change campaign group Lawyers Are Responsible has urged law firm giant Allen & Overy to cease acting on fossil fuel infrastructure projects and refuse any future instructions.


SRA to publish salaries of fined solicitors

1 June 2023

The Solicitors Regulation Authority is to publish the salaries of the solicitors it fines and impose ‘default salaries’ on those who refuse to reveal them.


Solicitor’s inadequate AML checks led to property frauds

1 June 2023

The Solicitors Disciplinary Tribunal has suspended the owner of a London law firm whose “failings” resulted in two fraudulent property transactions.

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Blog


Accountability has to live within governance, not with one person

The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.


The SRA’s client money reforms: good intentions, questionable execution

On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.


Recruitment, retention and reward in the legal accounts world

Understanding the legal finance market is important – not just for those actively involved in it day-to-day but also for leaders within law firms.