Compliance & Regulation

Solicitors may face a more restricted professional indemnity insurance market this year amid growing concern over limitations on insurers aggregating claims.

Relations between the Legal Services Board and the Bar Standards Board are close to breaking point over the speed of reform at the barrister regulator.

The Solicitors Regulation Authority has reported two law firms to the Office of Financial Sanctions Implementation, part of the Treasury, for breaching sanctions on Russia.

A managing partner who used staff pension contributions to prop up his firm has been struck off, but his two equity partners were cleared of misconduct.

The new Lord Chancellor, Shabana Mahmood, needs to recognise the need for an overhaul of the legal regulatory regime, the new chair of the Legal Services Consumer Panel has argued.

A barrister has been fined £5,000 by a Bar disciplinary tribunal, after he failed to report an SRA investigation into the removal of 242 wills from a law firm he owned.

A solicitor who “repeatedly” transferred money from client to office account to prop up his firm has been struck off by the Solicitor Disciplinary Tribunal.

The Council for Licensed Conveyancers is planning to ratchet up the financial pressure on the firms that fail to handle complaints properly under its ‘polluter pays’ approach.

The number of students on Bar vocational courses has continued to grow since the pandemic, new figures have shown. Those with a first-class degree performed far better than others.

The largest chambers in Wales has become the first legal services provider to obtain the new law-specific data protection certification approved by the Information Commissioner’s Office.

CILEX is set to make a final decision on whether to seek to transfer regulator to the Solicitors Regulation Authority in October, and has named a new chair and president.

Four special rapporteurs appointed by the UN’s Human Rights Council have told the UK government about their concerns over the “ongoing harassment” of barrister Charlotte Proudman.

A senior associate who completed a transaction without an executed mortgage deed, exposing both the lender and lay clients to “unknown and unacceptable risks”, has been struck off.

A partner at a leading personal injury firm who “deliberately misled” an accident victim for five years over a claim she never issued has been struck off.

A law firm that charged personal injury clients more than it was allowed to when acting under damages-based agreements has been fined nearly £11,000.