Compliance & Regulation


SRA approves cyber-losses clause despite insurer concerns

26 October 2021

The Solicitors Regulation Authority is to add a clause on cyber-losses to the minimum terms and conditions of insurance despite concerns expressed by the insurance industry.


City giant to face trial over alleged conflicts of interest

25 October 2021

City giant Hogan Lovells only achieved partial success in a bid for summary judgment over complaints that it had multiple conflicts of interest while acting for a Ukrainian tycoon.


Divorce fraud barrister fails in appeal against disbarment

25 October 2021

A barrister who deliberately gave the court a wrong address in an effort to obtain a divorce fraudulently has lost his appeal against being disbarred.


LSB approves new regulator for accountant probate providers

25 October 2021

The Legal Services Board has approved CILEx Regulation’s application to take over the regulation of probate work carried on by members of the Association of Chartered Certified Accountants.


Retired solicitor struck off for falsifying letter in bid to explain rule breach

22 October 2021

A 75-year-old solicitor has been struck off after he provided a client with a banking facility for over 20 years and then faked a letter of retainer to cover himself.


SRA leads Agile Nations project to create global legal services market

22 October 2021

The Solicitors Regulation Authority is leading a project called the Agile Nations Lawtech Innovation Network aimed at helping to create a global market for legal services.


SRA needs “radical rethink” to change disproportionate focus on BAME solicitors

21 October 2021

The Solicitors Regulation Authority needs to rethink its approach radically to tackle the “grimly entrenched” problem of ethnic minority solicitors being over-represented in its enforcement work.


BSB signals tougher approach to transparency rules compliance

20 October 2021

Approaching one in 10 chambers admit failing to comply with the Bar Standards Board’s service and price transparency rules, with the regulator now set to toughen up its approach to enforcement.


High Court orders solicitor to hand over firm’s files to SRA

19 October 2021

The High Court has ordered a high-profile solicitor to surrender her firm’s files after the Solicitors Regulation Authority closed it down but she refused to co-operate.


Economic crime levy “could impact law firm structures”

18 October 2021

Some law firms may have to make structural changes to ameliorate the impact of the government’s economic crime levy, solicitors have warned.


Legal regulators slammed for “lacking expertise” on comparison data

18 October 2021

Data already in the public domain cannot easily be adapted to help consumers choose a lawyer, mainly due to failings by legal regulators, according to research.


SDT releases Ecohouse documents to campaign group

15 October 2021

The Transparency Task Force has been granted access to a limited number of documents used in Solicitors Disciplinary Tribunal hearings relating to a collapsed Brazilian property investment scheme.


Bar students need more pupillage data to avoid “buyer’s remorse”

15 October 2021

Bar students should be given detailed information from chambers about their pupillage criteria to avoid suffering from “buyer’s remorse” when they realise how difficult it is to succeed.


SRA sends police money laundering reports linked to £180m of funds

14 October 2021

The Solicitors Regulation Authority has almost quadrupled the number of suspicious activity reports it sends to the police about possible money laundering by law firms.


Unbundled family law service to expand as SRA eyes pilot

13 October 2021

A pilot version of an unbundled family law service for litigants in person has enabled them to save 70% on legal fees and is to be expanded; meanwhile, the SRA is to run its own unbundling pilot.

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Blog


The SRA and privileged material – this is not the end

All disclosure to the SRA must now exclude privileged material, which will not only hamper investigations but also cause additional work for firms providing disclosure.


Legal Ombudsman fee reforms risk widening the justice gap

Charging firms simply because a complaint moves through the process weakens the present connection between fees and fault. It could also encourage firms to settle for commercial reasons.


Why upfront information could transform home buying

The success of upfront property information will depend on more than simply making the information available.