Compliance & Regulation


Complaints about claims management companies continue to fall

30 June 2022

The number of complaints about claims management companies continues to fall, the Financial Ombudsman Service says as it consider charging professional representatives to make one.


Government approves increase in SRA’s fining power to £25,000

29 June 2022

The government has today approved the increase in the Solicitors Regulation Authority’s fining power, from £2,000 to £25,000, despite opposition from the profession.


Barrister reprimanded for “bullying and aggressive” emails

29 June 2022

A non-practising barrister who wrote “bullying and aggressive” emails to a group supporting people with autoinflammatory conditions has been reprimanded by a disciplinary tribunal.


Firm fined for inadequate anti-money laundering controls

28 June 2022

A law firm in Telford whose multiple failures raised the risk of it facilitating money laundering and terrorist financing has been fined by the Solicitors Regulation Authority.


Law firm owner rebuked for caseworker supervision failure

27 June 2022

A solicitor who failed to supervise an immigration caseworker in a matter which led the High Court to refer his firm to the Solicitors Regulation Authority has been rebuked.


Greens urge disciplinary action against lawyer MPs over rule of law threats

27 June 2022

The Green Party has called for disciplinary action against solicitor and barrister MPs who vote for legislation which disregards the rule of law.


Traditional partnerships dying out as ABSs top 1,000

24 June 2022

The traditional partnership is now the least popular form of law firm structure, while alternative business structures now make up more than 10% of all practices, new figures have shown.


BSB prosecutions of striking barristers “unlikely to succeed”

24 June 2022

The Bar Standards Board would be “ill advised” to take disciplinary action against barristers who take part in the strike action over legal aid rates, as dozens of QCs complain about the Lord Chief Justice.


Lord Chief Justice and BSB warn striking barristers of disciplinary risks

23 June 2022

The Bar Standards Board has told striking barristers that it will focus in particular on any harm caused, following the Lord Chief Justice’s warning that their actions may amount to misconduct


SRA seeks whistleblowing role as part of SLAPPs action

23 June 2022

The Solicitors Regulation Authority is set to make it easier for law firm staff to blow the whistle on their employers, as part of its work on SLAPPs – of which it is investigating more than 20.


Costs lawyers urged to play bigger role in “out of control” market

23 June 2022

The whole profession needs to address “out of control” legal costs, a major new report has concluded, but costs lawyers have a significant role to play in exerting downward pressure on them.


SRA reports £161m of suspect transactions by law firms to NCA

23 June 2022

The Solicitors Regulation Authority has reported £161m worth of suspect transactions involving the profession to the National Crime Agency, with failures to check the source of funds the main trigger.


Family specialists choose employee ownership over acquisition

22 June 2022

The founders of a specialist family law firm have spurned potential acquirors to transfer it instead into an employee ownership trust, saying the move sends a positive signal to would-be staff.


Solicitor who let one mistake “snowball” fined by tribunal

22 June 2022

A solicitor who let one mistake on a property sale snowball so that it affected multiple transactions in a portfolio has been fined £10,000 – even though he preferred to be struck off.


Solicitor struck off for blue badge misuse fails in High Court appeal

22 June 2022

A solicitor who used a disabled badge that did not belong to him nine times to park near his law firm has failed in his appeal against being struck off.

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Blog


The SRA needs to admit it got it wrong about SLAPPs

The High Court judgment in Ashley Hurst v SRA in January raises serious questions about the regulator’s approach to allegations of SLAPP-like behaviour.


Why menopause support belongs on every law firm’s agenda

Progression in the law slows significantly as women approach senior leadership. Most will be at the height of their careers around the average age menopause symptoms begin.


Law firms need to go beyond document checks

At the root of every failed compliance review is a familiar phrase: a calm assertion of “but we did a document check”.