Solicitors

A law firm referred to the Solicitors Regulation Authority (SRA) by the Court of Appeal earlier this year has been shut down by the regulator. Neumans, a City firm specialising in criminal law, had a further office in Manchester, and, according to the Law Society website, employed 20 solicitors before it was shut yesterday.

The former clients of a solicitor whose dishonesty left them in what a High Court judge described as a ‘Kafkaesque’ situation that wrongly led to their bankruptcy, have seemingly reached the end of the road in seeking legal restitution.

Legal regulators have responded cautiously to the Competition and Markets Authority’s recommendations on price transparency, pledging to pilot regulatory requirements and test their effects on the lawyers and firms they regulate. They promised to implement controversial measures to encourage lawyers to publish prices if possible.

A solicitor who deliberately broke professional rules by releasing confidential client files so as to help convict a murderer has agreed to leave the law. He signed up to a regulatory settlement agreement with the Solicitors Regulation Authority to avoid a likely strike-off by a disciplinary tribunal.

The focus on Brexit should not hold back regulatory reform in the legal sector, leading market observer Professor Stephen Mayson has urged, countering calls by the Law Society for the government to put it aside to focus on leaving the EU.

The practising certificate fee for solicitors is set to fall 4% this year, but the saving will be largely wiped out by an increase in contributions to bolster the Solicitors Compensation Fund ahead of an expected rise in claims arising from their involvement in fraudulent investment schemes.

A London solicitor who took confidential information from defunct London firm Davenport Lyons to his new employer without client consent has been rebuked and fined £2,000 by the Solicitors Regulation Authority. The regulatory settlement agreement means he will not have to face a disciplinary tribunal.

Law firm compliance officers and money laundering reporting officers have been scrambling to get to grips with the biggest shake-up in anti-money laundering rules in a decade, with the final regulations – which were only published on Thursday – coming into force today.

The Solicitors Regulation Authority has today shut down Bolton firm Coops Law, less than three months since it took over the practice of controversial practice Asons, which was also closed down by the regulator.

The High Court has overturned a finding of dishonesty made by the Solicitors Disciplinary Tribunal against a prominent solicitor because the allegation was not tested during the hearing. The case also saw the president of the Queen’s Bench Division, Sir Brian Leveson, insist that honesty and integrity are not synonymous.

The number of law firms closed down by the Solicitors Regulation Authority has fallen to its lowest point for more than a decade, as the impact of the 2008 crash finally recedes, figures released today have shown in an annual review that put into numbers the amount of work the regulator does.

A law firm in Surrey has become the latest to be sanctioned for its involvement in stamp duty land tax avoidance schemes, even though it stopped working on them within eight hours of the Solicitors Regulation Authority issuing a warning about their dubious nature.

The Solicitors Disciplinary Tribunal has struck off a solicitor for dishonestly backdating enduring powers of attorney and claiming to have witnessed signatures “to save clients money” after an unblemished career of more than 40 years. He also failed to return money to a client for at least six years and used some of it for the benefit of another client.

A fee-earner who signed lasting powers of attorney in the names of her clients and misled the Office of the Public Guardian has accepted a rebuke, £1,000 fine and ban on working for law firms in the future. Meanwhile, a solicitor and a barrister separately convicted of drink driving have also been sanctioned.

A clerk who pursued personal injury claims against the wishes of his clients has been banned from working for law firms by the Solicitors Disciplinary Tribunal. Michael Davis said he was acting “in accordance with office procedures” and was managing up to 400 live cases at any one time.