Compliance & Regulation
Ethical clashes can cause young lawyers health problems
Having a professional identity as a young lawyer that does not align with the values of your law firm could turn “wellbeing issues into serious health problems”, a leading legal academic has warned.
Accountants more than double size of ABS by buying law firm
A private equity-backed accountancy business has made good on its promise to grow its law firm through acquisition by buying a London practice more than twice its size.
Tribunal rejects dyslexia explanation for barrister’s misleading CV
The tribunal that disbarred a barrister who lied on his CV rejected his explanation that these were mistakes that arose from his dyslexia, it has emerged.
In-house solicitors pressured to misuse privilege
In-house solicitors have been pressured to misuse legal professional privilege as a way to suppress the proper disclosure of information, the SRA has said.
SRA “needs more fining powers” to tackle lawyers behind SLAPPs
The Solicitors Regulation Authority needs greater fining powers to sanction solicitors involved in SLAPPs, the House of Commons was told yesterday.
Barrister who breached suspension “not fit to be in the profession”
The High Court has upheld a decision to disbar a barrister who continued to hold himself out as one while suspended from practice.
Consumers willing to pay a little extra for law firms to use TPMAs
Consumers are more comfortable with the idea of their money being held in third-party managed accounts than solicitors’ client accounts, research has suggested.
SDT removes conditions on “redeemed” solicitor’s practice
A solicitor prevented from being a law firm owner, partner or compliance officer for the last seven years has successfully applied to have the conditions on her practising certificate removed.
LSB’s economic crime guidance may foster inconsistent approaches
Proposed new guidance on how the legal regulators should meet their new statutory duty to deal with economic crime could lead to inconsistencies of approach.
Lack of sanction for costs draftsman shows “hole in regulation”
A judge’s comments on the lack of recourse against an unregulated costs draftsman should focus minds on this hole in legal regulation, the Association of Costs Lawyers has argued.
Bar Council: BSB’s proposed equality rule change is unlawful
The new, proactive equality duty proposed by the Bar Standards Board could lead to litigation with barristers and is unlawful, the Bar Council said yesterday.
High Court upholds LeO’s decision to dismiss complaint
The Legal Ombudsman was right to dismiss a complaint it thought better suited to be determined in court, a judge has ruled.
Fine for solicitor who used client account as personal banking facility
A solicitor who used his firm’s client account as a personal banking facility did not need to admit that he had damaged public trust, the Solicitors Disciplinary Tribunal has held.
Mayson: Lawyers must prioritise public interest over clients
Lawyers seem to have forgotten that the public interest trumps the client interest and this needs to change, Professor Stephen Mayson has argued.
Barrister disbarred for making ‘fundamentally dishonest’ PI claim
A barrister who a court found had been fundamentally dishonest in making a personal injury claim has been disbarred.
Blog
A new era of legal operations
What we are seeing in the UK legal market is extraordinary change that will greatly influence how firms operate and compete for years to come.
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
