Compliance & Regulation
Tribunal fines solicitor for source of funds and lender failures
A solicitor has been fined £7,500 for failing to carry out source of funds checks and keep lenders properly updated about where purchase money was coming from.
Paralegal to appeal after SDT refused adjournment for representation
A paralegal denied an adjournment by the SDT so she could be legally represented – even though the SRA backed one – is to appeal the ban that followed the hearing.
Judge given formal advice after creating “hostile environment”
A controversial employment judge has been issued with formal advice for misconduct after he was found to have created a “hostile environment” for a party.
Revealed: SRA withdraws complaints-handling rule changes
The Solicitors Regulation Authority has suddenly withdrawn proposed rule changes to improve how solicitors handle complaints from approval by the Legal Services Board.
Tribunal “right” to take Sidhu’s status into account in disbarment
The tribunal that disbarred Jo Sidhu KC was “certainly not wrong” to regard his status as rendering his conduct towards a mini-pupil particularly serious, the High Court has ruled.
LSB names chief executive as BSB starts search for a new one
The Legal Services Board has named Richard Orpin as its new chief executive, having been acting up in the role for the last six months.
Paralegal banned for dishonest emails as supervisor cleared
A paralegal who lied to solicitors in one email and to a client’s relative in another has been banned – but the solicitor who supervised her exonerated.
Billing practices and fair briefing among new Bar chair’s priorities
A campaign to improve billing practices at the Bar and work with solicitors on fair briefing are among the priorities outlined last night by the new chair of the Bar Council.
The new Mazur? ‘Solicitor agent’ does not have rights of audience
A so-called solicitor’s agent did not meet the Legal Services Act 2007 requirements for rights of audience, a district judge has ruled.
Tribunal strikes out part of barrister’s claim against BSB
A barrister’s claim that hundreds of people accessed details of a complaint about her held by the Bar Standards Board has been struck out by an employment tribunal.
MoJ an international outlier with client account interest plan
Interest on Lawyers’ Client Account schemes around the world do not divert the money to general government coffers, as the Ministry of Justice is proposing, according to research.
Solicitors fined for misconduct over purchase of law firm
A woman who used a solicitor to buy a law firm while she was still a trainee, and then practised unsupervised, has been fined for misconduct.
Government will put firms “at risk” with client account interest grab
The government’s proposed raid on client account interest “will put high street law firms at risk and force legal fees to rise for those that survive”, the Law Society has warned.
Spot-fixing cricketer’s solicitor cleared of urging false defence
A solicitor who acted for a cricketer jailed for spot fixing has been cleared of an allegation that he encouraged his client to offer false evidence in his defence.
‘Double jeopardy’ warning over FCA money laundering switch
The Financial Conduct Authority taking over the supervision of anti-money laundering activity risks delay and double jeopardy, the Solicitors Disciplinary Tribunal has warned.
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.
