Compliance & Regulation


SRA: Expected spike in claims over dubious schemes has not happened

30 August 2022

Solicitors’ contributions to the SRA Compensation Fund will fall next year because an anticipated spike in the level of claims arising from dubious investment schemes did not transpire.


Labour urges immediate rights extension for associate prosecutors

30 August 2022

The Labour Party has called for the role of associate prosecutors to be expanded so as to help reduce the massive backlog in criminal cases awaiting hearings.


In-house lawyers “should add regulatory rules to employment contracts”

30 August 2022

In-house lawyers’ regulatory responsibilities, for example the SRA principles, should be written into their employment contracts to ensure their independence, the former head of LawtechUK has argued.


The OIC effect? Number and value of motor fraud claims fall

30 August 2022

The volume and value of motor insurance claim frauds fell last year, which also covered the first seven months of the Official Injury Claim portal.


First solicitors who passed SQE set to qualify after strong results

26 August 2022

The first solicitors to qualify via the Solicitors Qualifying Examination will enter practice next month after 77% of candidates passed the second set of assessments.


Home secretary: Jail lawyers enabling kleptocrats

26 August 2022

The home secretary has made clear that she wants to see lawyers and other ‘enablers’ of kleptocrats jailed for their involvement with “dirty money”.


Sceptical crime lawyers lambast Raab’s plan to “extend” higher rights

25 August 2022

Lawyers have reacted with scepticism at the suggestion that Lord Chancellor Dominic Raab wants to “extend” higher rights of audience to more criminal defence solicitors.


“Little evidence” of discrimination or harassment on Bar courses

25 August 2022

There is little evidence of bullying, discrimination and harassment on Bar training courses, students have reported as part of research into equality and diversity at the vocational stage of training.


SRA set to curb litigators’ use of ‘private and confidential’ letters

24 August 2022

The Solicitors Regulation Authority is to issue guidance on when litigators are allowed to label letters as ‘private and confidential’ and/or ‘without prejudice’.


Panel warns on impact of “seismic” change to complaint time-limits

24 August 2022

The “seismic shift” in time limits to complain to the Legal Ombudsman will require close monitoring to ensure that consumers do not lose out.


Californian legislators bid to crush any ambitions to allow ABSs

24 August 2022

Californian legislators have blocked efforts by the State Bar to consider non-lawyer ownership of law firms, in the latest battle over alternative business structures in the US.


SRA plans huge increase in fines for misconduct by wealthy solicitors

23 August 2022

The SRA is planning huge increases in the fines it can impose for misconduct by wealthy solicitors – from the current £50,000 to £805,000 – while reducing them for lower earners.


Solicitor rebuked for offering invalid document certification services

23 August 2022

A solicitor who called himself a notary when he was not and ‘apostilled’ documents despite not being allowed to has been rebuked after he said he was unaware of the restrictions.


“Manifestly incompetent” solicitor did not touch probate file for decade

22 August 2022

A solicitor was manifestly incompetent in failing to progress probate matters for as long as a decade, but his misconduct did not amount to a lack of integrity, a tribunal has ruled.


Tweeting barrister’s £3m claim against former chambers thrown out

19 August 2022

The barrister who left his chambers following a storm last year over a tweet about a “stroppy teenager of colour” has had a £3m discrimination claim against the set thrown out for being time-barred.

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Blog


Beyond PCP: Can regulators and lawyers work better together next time?

Nearly a decade after the Financial Conduct Authority began investigating the car finance industry, the story of the PCP commission scandal is still unfinished.


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.