Compliance & Regulation


Solicitor suspended for holiday sickness retainer failures

26 August 2020

A law firm director has been suspended after failing to ensure that holiday sickness clients referred by introducers had instructed the firm or knew claims were being pursued on their behalf.


Law Society warns firms of steep rise in insurance premiums

26 August 2020

Law firms are facing a 30% increase in their professional indemnity insurance this year, and even more for those with bad claims histories, the Law Society has warned.


Ex-SDT chief urges ‘fitness to practise’ regime to help solicitors with mental health problems

25 August 2020

The SRA needs to introduce a ‘fitness to practise’ regime as a better way to deal with young solicitors with mental health problems, the former chief executive of the SDT has told Legal Futures.


Solicitor cleared of beating bouncer with stiletto

25 August 2020

A 5’2” commercial property solicitor has been cleared of assault by beating after she hit a nightclub bouncer over the head with her stiletto.


Accountants offered new route to setting up ABSs

24 August 2020

Accountants and firms regulated by the ACCA will have a pathway to handling all the reserved activities under the plan to transfer supervision of their legal work to CILEx Regulation.


SFO charges three men over Axiom fund collapse

24 August 2020

Two former solicitors and a former independent financial adviser have been charged with multiple offences in connection with the collapse of the Axiom Legal Financing Fund.


Struck-off solicitor’s comparison with George Floyd “a disgrace”

21 August 2020

A struck-off solicitor’s comparison of his treatment at the hands of the Solicitors Regulation Authority with that of George Floyd by US police has been branded a “disgrace” by a tribunal.


Partner suspended over multiple money laundering failures

20 August 2020

A partner in a law firm which acted mainly for Russian and Ukrainian clients has been suspended for nine months after admitting multiple breaches of the anti-money laundering rules. 


Solicitor struck off after 40-year career – for the sake of £100

19 August 2020

An experienced conveyancer has been struck off for falsifying the completion date of a transaction in a report to tax authorities in order to avoid a late registration penalty of £100.


Solicitor wrote cheque to himself from client account

18 August 2020

A solicitor who was cautioned by the police for fraud after writing a cheque for £2,000 from client account to himself has been struck off by the Solicitors Disciplinary Tribunal.


Solicitors caught in dubious schemes “fail in due diligence”

18 August 2020

Solicitors generally fail to carry out due diligence exercises on the people behind what turn out to be dubious investment schemes, a review by the Solicitors Regulation Authority has found.


Solicitor under-declared sale prices to pocket stamp duty

17 August 2020

A solicitor who falsified returns to HM Revenue & Customs so as to underpay stamp duty land tax and pocket the difference in a bid to keep his firm afloat has been struck off.


City solicitor suspended after second police cocaine caution

17 August 2020

A City solicitor who received a second police caution for possessing cocaine – but failed to report it out of fear of losing his job and marriage – has been banned from practice for a year.


LSB demands greater transparency on practising fees

14 August 2020

Legal regulators will have to explain more clearly how they spend their practising certificate fees under revised rules proposed by the Legal Services Board.


67% of solicitors tell Law Society PC fee is not value for money

13 August 2020

Two-thirds of solicitors do not consider the practising certificate fee value for money, with many expressing concern at the level being charged given the impact of Covid-19.

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