Compliance & Regulation
Formal warning for judge who had sex in chambers
A recorder who had sex in his judicial chambers over 15 years ago has been given a formal warning for misconduct.
Ban for Co-op estate planner over LPA dishonesty
An estate planning consultant at Co-operative Legal Services who falsely confirmed that he had witnessed the signatures on a lasting power of attorney has been banned.
PE in the law expands to Sweden as six firms join new group
Private equity in the law expanded to Sweden yesterday with the launch of AGRD Partners, a new group formed by six firms and backed by a Nordic investment house.
SRA shuts down nine-partner firm over solicitor’s suspected dishonesty
The Solicitors Regulation Authority yesterday shut down two law firms – including a nine-partner practice in Yorkshire – due to the suspected dishonesty of a solicitor.
Law firm owner rebuked for work of non-solicitor caseworker
A law firm owner has been rebuked after the Upper Tribunal declared an application for judicial review made by an immigration caseworker at his firm as totally without merit.
Solicitor who employed banned will writer is suspended
A solicitor who employed a will writer banned by the Solicitors Regulation Authority from working for law firms without its permission has been suspended for a month.
SRA rebukes Scottish firm over management of client money
The Solicitors Regulation Authority has issued a rebuke to a Scottish law firm for breaches of the accounts rules since taking over the work of collapsed McClure Solicitors.
MoJ warned about impact of diverting law firms’ client account interest
Legal aid firms will be the first to suffer if the Ministry of Justice presses ahead with the idea of using interest on lawyers’ client accounts to fund free legal services, it has been told.
Police office turned barrister disbarred for rape convictions
A barrister has been disbarred for raping a woman, when she was a teenager under 16 and when she was older, while he was a policeman in the 1980s.
Ban for office manager who took nearly £550,000 from firm
A part-time office manager who misappropriated nearly £550,000 from a law firm has been banned from working in the profession.
Two solicitors rebuked for taking client information when leaving firms
Two solicitors who took confidential client information from their former employers have been rebuked by the Solicitors Regulation Authority.
Gender-critical barrister praises BSB approach to ‘meritless’ complaints
A leading ‘gender critical’ barrister has praised the Bar Standards Board for the way it handles “meritless” complaints after rejecting two made against her.
Consultant-led law firms “pose greater money laundering risk”
The decentralised nature of consultant-led law firms carries extra money laundering risks that mean compliance officers may need to be “more interventionist”, the SRA has cautioned.
SRA to consult on strengthening continuing competence regime
The SRA is to consult on strengthening continuing competence requirements as it was not clear whether solicitors are reflecting properly on their practices.
“Too soon” for struck-off solicitor to apply for return to roll
A struck-off solicitor who has not paid the Solicitors Regulation Authority nearly £65,000 in outstanding costs from his disciplinary hearing cannot return to the roll.
Blog
Change in regulator shouldn’t make AML less of a priority
While SRA fines for AML have been climbing, many in the profession aren’t confident they will get any relief from the FCA, a body used to dealing with a highly regulated industry.
There are 17 million wills waiting to be written
The main reason cited by people who do not have a will was a lack of awareness as to how to arrange one. As a professional community, we seem to be failing to get our message across.
The case for a single legal services regulator: why the current system is failing
From catastrophic firm collapses to endemic compliance failures, the evidence is mounting that the current multi-regulator model is fundamentally broken.
