Compliance & Regulation

The Law Society has outlined its opposition to the idea that law firms be required to signpost clients to review websites as part of moves to generate indicators of providers’ quality.

The Solicitors Disciplinary Tribunal has rejected a bid by a solicitor cleared of most of the allegations made against him for a contribution to the £143,000 he spent defending himself.

Law firms are not being held to account for “toxic” work cultures, particularly where there is a lot of pressure on young lawyers, a leading expert on regulation has said.

A solicitor who misled hundreds of investors and attracted £19m to bring claims for miscalculated mortgage payments – none of which succeeded – has been struck off.

Owners of law firms that closed down in the last 20 years have been warned that they face a difficult task in finding insurance to replace the automatic supplementary run-off cover that ends later this year.

The founder of new-model law firm Cubism Law has explained how he “totally cracked” under the pressure of its financial problems, leading him to dishonestly misappropriate client funds.

A solicitor convicted of drink-driving after a motorbike accident did not automatically undermine public trust in the profession, the Solicitors Disciplinary Tribunal has ruled.

A Surrey law firm has been fined £10,000 for breaches of the anti-money laundering rules in its training, approach to risk assessment and in a conveyancing transaction which produced £850 in fees.

A solicitor jailed for more than three years for forging Land Registry documents in a family dispute with the owners of a Newcastle takeaway has been struck off.

Controversial Solicitors Regulation Authority plans to cut the maximum award from its Compensation Fund from £2m to £500,000 are facing rejection by the Legal Services Board.

The extent to which losses caused by cyber attacks are covered by law firms’ professional indemnity insurance policies is to be clarified by the Solicitors Regulation Authority.

A solicitor acted for both sides in a house sale at an undervalue between a 78-year-old woman and her 34-year-old boyfriend, which was set aside by the High Court on the grounds of undue influence.

Two solicitors who issued £1m in loan notes to prop up their firm have been struck off for misusing the money and leaving their investors nursing huge losses.

A management accountant jailed for stealing £400,000 from a major City law firm over six years has now been banned from working in the legal profession.

A veteran solicitor who was tricked by an email fraud to pay out £290,000 in proceeds from a conveyancing transaction to a third party has been fined £10,000.