Colin Poole, the solicitor boss of Claims Direct, deceived the company into paying him £9.75m when he failed to deliver on a promise to divest his interest in his law firm, the High Court has ruled.
A probe into the lessons of the Post Office scandal for corporate governance, criminal justice and lawyer regulation has been launched and will push regulators to effect change.
The SRA is to follow the approach of the Financial Conduct Authority when capping the fees law firms charge for financial services claims management work – and will leave personal injury work alone for now.
The SRA Compensation Fund paid out more than £10m to the victims of solicitors’ financial dishonesty last year, a 37% increase on the previous 12 months, new figures have shown.
The board of trustees and directors of Solicitors Regulation Authority Ltd met for the first time last week after agreeing the transfer of £9m in assets to the new company from the Law Society.
A law firm revenue controller given a suspended jail sentence after diverting £32,000 in payments meant for suppliers to his own bank account has been banned from working in the profession.
A hardening indemnity insurance market and pressure from the Law Society have persuaded the Solicitors Regulation Authority to keep the Solicitors Indemnity Fund open for a further year.
Two solicitors have been fined for allowing their firm to take on work in areas where they had no experience and accepting client money when it did not have a client account.
The Solicitors Regulation Authority is planning a pilot with other legal regulators on how to extend the use of unbundling as evidence showed it could save consumers up to 50% in fees, it has emerged.
Correspondence between solicitors involving “an element of deception” as to its real purpose can be covered by litigation privilege, the High Court has ruled.
The Legal Services Board is set to recommend an accreditation scheme for review and comparison websites as take-up among both law firms and consumers continues to rise.
Nearly 60% of applicants for the legal practice course refused to disclose their ethnicity last year – an extraordinary rise from the 2.3% who refused in 2019.
An initiative to create a standard non-disclosure agreement for use when beginning negotiations over corporate transactions has completed its first phase, with the publication of a ‘baseline document’.
The Solicitors Disciplinary Tribunal has refused to remove conditions on the practising certificate of a 63-year-old solicitor who said he wanted to recover his “pride and dignity”.
The Solicitors Disciplinary Tribunal has refused to terminate an indefinite suspension imposed on a solicitor a decade ago, saying he had not proved he was ready to return to practise.
TV dramas have made many people think that the legal profession consists of heroes (or villains) in high-flying firms or public prosecution. In reality, nearly a quarter of solicitors work in-house.
Increasing demand for ‘hot’ areas of law inspires opportunist law firms to hire more specialists to add to their firepower – the right people at the right time. Yet this is a big ask.
Learning has come a long way since I qualified. There’s a lot more knowledge available about how students learn and how different students learn differently. It’s not one-size-fits-all anymore.