Compliance & Regulation


LSB calls in Northern Irish law firm to assist with SRA Axiom probe

20 December 2023

The Legal Services Board has retained a Northern Irish law firm to assist with its review of regulatory events leading up to the SRA’s intervention into Axiom Ince.


Barristers face 9.5% increase in cost of practising next year

20 December 2023

Barristers are facing a 9.5% increase in the cost of their practising certificates next year, reduced from 13.5% with the Bar Council again planning to use its reserves to mitigate the increase.


SDT lifts restriction on law firm owner after closure warning

19 December 2023

The Solicitors Disciplinary Tribunal has removed a condition on the practising certificate of the owner of a legal aid law firm after he warned that it could force the firm to close.


Anti-bullying training “should be compulsory for barristers”

19 December 2023

Training to prevent bullying and harassment should be compulsory for barristers, the leader of gender equality group Behind the Gown has said.


Law firm finance head lied about fraud conviction to get job

19 December 2023

A law firm employed a head of finance who concealed the fact that he had been jailed in Ireland for defrauding his previous employer.


Regulator to widen powers for interim suspensions of barristers

19 December 2023

The Bar Standards Board to press ahead with new powers for interim suspensions where necessary to protect the public or the public interest.


High Court: Mirror’s legal department knew about hacking for years

18 December 2023

The legal department at Mirror Group Newspapers was aware of phone hacking far earlier than it admitted, the High Court found last week in the claim brought by Prince Harry.


SDT urges solicitors to be open with clients after suspending partner

18 December 2023

The Solicitors Disciplinary Tribunal has urged solicitors under work pressures to “be open with their clients when problems arise” after suspending a “cavalier” partner.


Deferring point of call for barristers “could improve social mobility”

15 December 2023

Delaying the point at which barristers are called to the Bar until after obtaining pupillage could improve social mobility if it reduces the number of overseas students and “less able domestic students”.


Solicitor struck off for undervaluing claim and then fabricating form

15 December 2023

A solicitor who submitted a claim form for far less than the case was worth, in order to avoid paying a large court fee, and later fabricated it to show a higher value, has been struck off.


Senior solicitor who slapped young paralegal’s backside suspended

14 December 2023

An experienced male solicitor found to have inappropriately touched a 21-year-old female paralegal, including slapping her backside, has been suspended for a year.


LSB prepares for “regular” investigations into regulators

14 December 2023

The Legal Services Board plans to increase its “capacity and capability” to launch investigations into, and reviews of, the frontline regulators “on a regular basis”.


SRA: Profession making progress on diversity – especially at small firms

14 December 2023

There is a “slow but steady increase in diversity among all lawyers”, the Solicitors Regulation Authority reported yesterday in its biennial collection of the profession’s diversity data.


SRA shelves accounts rules changes in wake of Axiom Ince

13 December 2023

The SRA has postponed changes it was set to make to the accounts rules – including how money taken for costs in advance of work being done is dealt with – in light of the Axiom Ince scandal.


SRA admits it has “a long way to go” on diversity

13 December 2023

The Solicitors Regulation Authority still has “a long way to go” on diversity, its chief executive has said – although its gender and ethnicity pay gaps are shrinking.

← Page 74 Page 75 of 165 Page 76 →

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