Solicitors


SRA extends PC renewal into 2012

25 November 2011

Some solicitors will now not be able to go online to renew their practising certificates until 2012, the Solicitors Regulation Authority has confirmed, amid the chaotic ongoing implementation of its £22m IT system. The deadline to activate mySRA accounts will also be extended.


Licensed conveyancers unveil rival to CQS amid warning that lenders are becoming backdoor regulators

24 November 2011

The body representing licensed conveyancers has launched a quality assurance scheme uniquely linked to their regulator in a bid to help detect mortgage fraud. The move by the Society of Licensed Conveyancers goes significantly further than the Law Society’s Conveyancing Quality Scheme.


Claims against solicitors over mortgage fraud shoot up to £173m

17 November 2011

New figures from the Solicitors Regulation Authority indicate that the long-predicted wave of claims against solicitors over mortgage fraud is fast becoming a reality. There are now 770 open claims against the Solicitors Compensation Fund relating to mortgage fraud.


CMCs will start running – and under-settling – cases to survive, lawyers warn

16 November 2011

Changes to the personal injury landscape mean that claims management companies and others may step out of regulation altogether to run cases which commercial pressures may lead them to under-settle, the Association of Personal Injury Lawyers has warned.


Fine for first solicitor taken to court by LeO – but judge says prison may be right for others

15 November 2011

A solicitor has for the first time been fined by the High Court for failing to co-operate with an investigation by the Legal Ombudsman. The High Court used the case to stress that such failures could also lead to immediate imprisonment.


Law Society and SRA unveil deal to resolve longstanding governance wrangling

11 November 2011

The Law Society and Solicitors Regulation Authority have hammered out “a permanent resolution” of their long-running internal governance issues, the pair announced yesterday, ensuring regulation is independent from representation at Chancery Lane.


SRA: BME solicitors face increasingly disproportionate number of conduct complaints

11 November 2011

The proportion of black and minority ethnic solicitors (BME) named in complaints about conduct to the Solicitors Regulation Authority surged last year, the third year in which the figure has risen. BME solicitors comprised 27% of all conduct complaints.


SRA eyes expanded international reach by offering to regulate foreign firms

9 November 2011

Foreign law firms could choose to be regulated by the Solicitors Regulation Authority under proposals put forward yesterday. An SRA green paper also suggests introducing a single “passport to practice” for firms with multiple overseas offices.


Cost of SRA compliance “forcing small firms to close”, says Law Society survey

4 November 2011

More than one in ten small law firms questioned in a massive survey of solicitors plan to close down or merge as a result of the cost of complying with regulatory obligations, Law Society research has revealed.


Law firm that sent intimidating letters to alleged file-sharers accepts SRA reprimand

3 November 2011

A law firm has escaped with a reprimand after being found by the Solicitors Regulation Authority to have breached professional practice rules in connection with intimidating letters sent to alleged Internet file sharers. It is the third firm to face SRA action over this.


Fewer law firms shut down but SRA reports rise in mortgage fraud claims

1 November 2011

The number of law firms being closed by the Solicitors Regulation Authority has fallen to a four-year low, new figures have shown. But it has also received a record number of claims for compensation for mortgage fraud in the last quarter.


MPs call for wider referral fee ban and power to force data audits of law firms

27 October 2011

The ban on referral fees should not be limited to personal injury, a committee of MPs has said. It also called for the Information Commissioner to have the power to compel audits of law firms to check for breaches of the Data Protection Act.


Indemnity insurers face obligation to keep quotes open and provide credit rating

27 October 2011

Professional indemnity insurers will have to leave quotations open for at least five days and provide information about their credit ratings under plans being considered by the Solicitors Regulation Authority. Voiding policies is also back on the agenda.


Government lays out how it will ban referral fees

26 October 2011

The government has set out how it intends to ban referral fees in personal injury, but has included a get-out if the payment is made “as consideration for the provision of services”. Its draft rules also allow the Lord Chancellor to ban referral fees in other areas of practice.


Record number of solicitors struck off or suspended

25 October 2011

A record number of solicitors have been either struck off or suspended, the Solicitors Disciplinary Tribunal has revealed. However, the number of solicitors appearing before the tribunal has dropped sharply, possibly because of the SRA’s new powers to issue sanctions itself.

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