Compliance & Regulation
SRA writes to over 1,000 firms about poor sanctions compliance
The Solicitors Regulation Authority has written to give guidance to more than 1,000 law firms that admit they do not have basic controls in place to mitigate sanctions risk.
Solicitor who misled firm about client loans and referrals struck off
A solicitor who actively concealed from his employer the fact that he had taken loans from clients and received referral fees from a short-term lender has been struck off.
Women now make up 40% of Bar as diversity trends continue
Long-term trends of improving diversity at the Bar continued last year, with women now making up just over 40% of barristers, Bar Standards Board figures have shown.
‘Conflict of interest’ solicitor threatened client with libel action
A solicitor has been fined for acting for clients in a property dispute knowing they had a possible negligence claim against the firm for causing the litigation in the first place.
Three arrested in raid on “bogus” immigration law firm
Three suspected fraudulent immigration lawyers have been arrested in Greater Manchester following a Home Office raid on Wednesday.
Legal Ombudsman forced to revise backlog figure upwards – again
The queue of cases awaiting investigation at the Legal Ombudsman is not falling as fast as had been expected, with the March 2024 target having been revised upwards for a third time.
BSB keeps its powder dry over Post Office barristers
The Bar Standards Board has yet to see evidence from the Post Office inquiry that requires it to take urgent action against any barrister, it has told Legal Futures.
Axiom Ince review to investigate regulation of ‘accumulator firms’
The Legal Services Board review of the collapse of Axiom Ince will include not just the role of the Solicitors Regulation Authority but also its approach to law firm consolidators.
SRA hands out another hefty fine for drink-drive conviction
The Solicitors Regulation Authority has imposed another hefty fine on a solicitor convicted of drink driving as the impact of its new approach to fines hits home.
Deferring point of call will damage diversity and inns, says top KC
Delaying the point at which barristers are called to the Bar until after obtaining pupillage risks reducing the diversity and strength of the profession, a former Bar Council chair has argued.
LSB to identify gaps in regulation that allow unethical conduct
The Legal Services Board is to begin work on identifying the gaps in regulation that have allowed unethical or unprofessional conduct to emerge.
Solicitor fined £9,000 for improper client account transfers
A solicitor who allowed made improper transfers from client account to his firm’s office account has been fined £9,000 by the Solicitors Regulation Authority.
LSB rejects call to make Axiom Ince review independent
The Legal Services Board has firmly rejected a call from five local law societies to make its review of the Axiom Ince scandal independent.
Solicitor jailed for jury misconduct suspended for eight years
A solicitor jailed for undertaking her own research while serving on a jury has been suspended from practice for eight years, until her ban from sitting on juries ends.
Green light for CILEX lawyers to gain higher rights of audience
Experienced CILEX advocates will be able to apply for higher rights of audience in civil and criminal work soon after the Legal Services Board approved the move.
Blog
Why law firms are getting AI supervision wrong
The profession’s response to AI supervision failures misunderstands the nature of LLM output – there needs to be for a shift in the culture.
Beyond the PII premium – rethinking risk
Professional indemnity insurance renewal is often treated as an annual pricing exercise. But it is also a chance to show how effectively you identify, manage and mitigate risk.
The AI governance gap in law firms and why it matters now
A third of law firms are already using AI tools with no formal policy in place to govern how AI gets used, what data goes into it, or who’s accountable when something goes wrong.
Reports
Associates
