Compliance & Regulation
London arm of US firm rebuked for breaching Russia sanction rules
The London office of a US law firm has been rebuked for breaching the conditions of a Treasury licence to act for sanctioned Russian clients.
Solicitor who changed LPA and cheque “was not dishonest”
A solicitor who changed the terms of a lasting power of attorney and the date on a cheque without the client’s consent did not act dishonestly, the SDT has ruled.
Solicitor diverted client’s damages to company linked to his wife
A solicitor who diverted some of his client’s damages to a rehabilitation company connected to his wife – and created fake invoices that said it had treated the client – has been struck off.
‘Work hard, play hard’ solicitor suspended for groping colleagues
A male solicitor caught up in a ‘work hard, play hard’ culture at the London office of a US law firm has been suspended for a year for two instances of sexually touching female colleagues.
Call for action to help small law firms adopt technology
Tech adoption by small law firms is being held back by cost, uncertainty and a reluctance to invest in systems that quickly become outdated or non-compliant, according to SRA research.
Law Society warns SRA to avoid “knee-jerk responses” on ethics
The Law Society has advised the Solicitors Regulation Authority against “knee-jerk responses” in attempting to tackle the issue of ethical standards in the profession.
Axiom Ince now set to cost solicitors £41m
The collapse of Axiom Ince is now set to cost the solicitors’ profession £41m in payouts from the SRA Compensation Fund, it has emerged.
Number of fines issued by SRA more than doubles in a year
The Solicitors Regulation Authority issued 173 fines to law firms and individuals in its last financial year, more than twice the number of the previous year.
SRA gives green light to sale of insurer’s law firm
The Solicitors Regulation Authority has approved the sale of DLG Legal Services – the alternative business structure owned by insurer Direct Line – to Aviva.
Law firm prices have risen ahead of inflation since 2020
Prices for basic legal services have increased by more than inflation in recent years, while law firms offering fixed costs are significantly cheaper than those giving estimates.
Reynolds avoids SRA action – unless he calls himself a solicitor again
The SRA has decided not to take action over business secretary Jonathan Reynolds calling himself a solicitor – but warned him of possible prosecution should he do it again.
Solicitor fails in challenge to judge’s finding of “indefensible” conduct
The Court of Appeal has rejected a solicitor’s challenge to judicial criticism of his “indefensible” conduct, motivated by money, in using leaked privileged material to help win an arbitration.
Unethical behaviour by barristers “more limited and nuanced”
The evidence of unethical behaviour by barristers is “more limited and nuanced” than that relating to other lawyers, the Bar Council has said.
Law firm fined £64k for AML breaches lasting six years
A Kent law firm has been fined nearly £64,000 for basic anti-money laundering control breaches over many years, one of the larger penalties handed out for the failures.
Law Society “pauses” work on material information form
The Law Society has “paused” work on a material information form for conveyancers, after National Trading Standards withdrew it guidance on the issue last month.











