Compliance & Regulation
Law Society plan for 10-fold rise in SGM threshold “shocking”
The group that last year requisitioned a special general meeting of the Law Society has described plans to make it much harder to do so in future as “shocking”.
AML reforms could see banks ask for details of solicitors’ clients
Proposed government changes to anti-money laundering rules around pooled client accounts could raise issues around client confidentiality and privilege, experts have warned.
Practising barrister named a tax avoidance promoter in HMRC first
A practising barrister has for the first time been added to HM Revenue & Customs’ list of tax avoidance promoters.
Public access barristers used mainly for advice, not representation
People who instruct barristers through the public access scheme are much more likely to be seeking advice than representation in court, new research has indicated.
Strike-off for solicitor who deleted and lied about email
A solicitor at a national law firm who deleted a client’s email from its document management system “to try to cover up that he had not dealt with it” has been struck off.
Two-thirds of law firms breaking residual balance rules
A leading firm of accountants says two-thirds of law firms whose books it examined for regulatory reports had broken the rules on residual balances.
“Weed out chancers” with £50 Legal Ombudsman complaint fee
The Legal Ombudsman should introduce a nominal complaint fee of £50 to “weed out those whom one might describe as ‘chancers’”, Birmingham Law Society has proposed.
Solicitor who lied to client “to buy herself time” is struck off
A solicitor who admitted lying to a client about receiving a medical report “to buy herself time” has been struck off by the Solicitors Disciplinary Tribunal.
SDT rejects managing partner’s bid to blame junior solicitor for errors
A managing partner has failed to convince the SDT to blame the one-year qualified solicitor he was supervising for failures on a conveyancing transaction at an undervalue.
Another failure for SRA in Daily Mail sting cases
Two of the three solicitors accused by the Daily Mail of offering to help an undercover reporter concoct a false asylum claim have now been cleared of misconduct.
Suspension for solicitor who acted on both sides of transaction
A solicitor has been suspended over a “dereliction of duty” that saw him act on both sides of the transfer of an elderly and vulnerable client’s sole residence to a neighbour for nil consideration.
Tribunal strikes out immigration adviser’s appeal over failed exam
The First-tier Tribunal has struck out an appeal by an immigration adviser against the Immigration Advice Authority after she failed an exam.
Suspended suspension for solicitor over antisemitic and offensive posts
A solicitor whose use of “emotive and antisemitic language” on social media appeared designed to cause “maximum offence” has been given a six-month suspended suspension.
Large law firms could face prosecution for overbilling
Large law firms that overbill their clients or make false environmental and diversity claims could be prosecuted under legislation coming into force next Monday.
Third-party managed account first for licensed conveyancers
The Council for Licensed Conveyancers has issued its first approval for a law firm to use a third-party managed account for its client funds.
Blog
Legal director: an alternative to partnership
Firms are increasingly acknowledging the need for alternative senior roles – positions that offer influence and recognition without the obligations of ownership.
It’s time for law firms to ask tougher questions
For years, many law firms have treated ID verification as a box-ticking exercise. Run a liveness check, match a face to a document and move on. But that is no longer good enough.
Business fatigue to AI will risk job security
Whilst we know professional learning has always been part of career paths, to hire, retain and keep talent, AI needs to be embedded as a core part of this training.
