Compliance & Regulation
Man ordered to pay £10,000 costs for failed LeO judicial review
A man whose application for permission to bring a judicial review against the Legal Ombudsman was certified as totally without merit has been ordered to pay £10,000 in costs.
Top firm’s COLP “acted reasonably” over concerns about client
The COLP at leading City law firm Kennedys has been cleared of failing to adequately investigate concerns about a property development it was advising on.
SDT introduces automatic disclosure of documents
The Solicitors Disciplinary Tribunal has introduced a new policy which aims to cut the number of non-party disclosure applications by the press and public.
Post Office scandal “shows that privilege needs urgent reform”
The Post Office inquiry shows that legal professional privilege presents “significant problems of principle and practice” and needs urgent reform, leading academics have argued.
Pupil suspended for cheating in training exercise
A first-six pupil barrister who accessed a file without permission that helped her with a training exercise, and then pretended she had not, has been suspended for 18 months.
LSB pressures regulators to improve lawyers’ ethical approach
Lawyers’ lack of proper regard for ethics, and their “disproportionate focus” on client interests above all else, means regulators need to take action to improve compliance.
Jailed solicitor’s ex-wife made subject to unexplained wealth order
The Serious Fraud Office has secured its first unexplained wealth order against the ex-wife of Tim Schools, the jailed struck-off solicitor behind the Axiom Fund fraud.
Lawyer “fires” Meta as client over “descent into Neo-Nazi madness”
A US lawyer representing Meta has publicly announced that he has “fired” the company as a client, citing “Mark Zuckerberg and Facebook’s descent into toxic masculinity and Neo-Nazi madness”.
SRA issues warning to firms over sham litigation
The Solicitors Regulation Authority has urged law firms to protect themselves from sham litigation, which can be used to bypass anti-money laundering rules.
There aren’t enough immigration advisers, says rebranded regulator
The amount of immigration and asylum advice available across the UK “does not meet the need or demand”, the rebranded Immigration Advice Authority has said.
Over-zealous barristers employing “ethically questionable” tactics
Barristers may “sometimes allow their zeal to advance a client’s interests to embrace tactics which are ethically questionable”, their regulator said yesterday.
SRA: Consumers “at risk from lawyers who do not understand tech”
A lack of digital skills across the UK could be a risk for consumers and law firms if lawyers “do not fully understand” new technology, the SRA has warned.
Financial services barristers fill gap in market with ABS
A specialist chambers of financial services barristers is filling “a gap in the market” by setting up as an alternative business structure regulated by the Bar Standards Board.
Fee-share partner fined for using client account as banking facility
A partner at leading fee-share firm gunnercooke has been fined £14,000 for using the practice’s client account as a banking facility.
Solicitor had clients pay fees into personal bank account
A solicitor has been struck off for telling clients to pay small sums of money into his personal account – but, very unusually, his identity has been kept secret.
Blog
Strong AML controls are meaningless with incomplete data
One expectation as the FCA takes control of anti-money laundering oversight is a move towards more supervision rather than simply writing new rules.
Navigating the legal AI productivity-profitability paradox
Firms are achieving efficiencies through AI, especially in the practice of law. Yet many are struggling to see that reflected in their financial outcomes
Regulation, growth and access to justice: why legal services need a reset
Well-intentioned consumer protections embedded in the regulation of legal services increasingly act as barriers to innovation, competition and access to justice.
