Solicitor rebuked for failures in compliance roles at ABS
A solicitor who held all the compliance roles at an alternative business structure owned by a non-lawyer has been rebuked for multiple failures under his watch.
Private equity owner sells family law giant to global investor
The largest family law firm in the country, Stowe Family Law, has been sold by its private equity owner to a global investment giant entering the legal market for the first time.
Major chambers has suffered £2.75m theft, High Court reveals
A former credit control manager at a major London chambers has admitted to stealing £2.75m from the set over the past five years, it emerged in the High Court yesterday.
Legal services becomes fastest-growing part of the Co-op
Co-op Legal Services is the fastest-growing part of the wider Co-operative Group, with revenue up 35% in the first half of 2024, results published yesterday revealed.
Former justice minister urges opposition to planned BSB equality duty
Former justice minister Lord Wolfson KC has joined the voices opposing the Bar Standards Board’s plan to impose a new positive duty on barristers to act in a way that “advances” EDI.
Solicitor’s improper Covid letters aimed to push anti-vaccine campaign
A solicitor who sent overly aggressive and legally inaccurate letters before action as part of a campaign against the Covid vaccine has been fined £15,000.
Solicitor fined third of annual income for breach of undertaking
A solicitor who paid out money he was holding, having given an undertaking not to do so, has been fined a third of his annual income by the Solicitors Regulation Authority.
Birmingham Law Society attacks SRA’s ‘Robin Hood’ fines plan
More solicitors have attacked the Solicitors Regulation Authority’s plans for new fining guidance, rejecting its “Robin Hood” approach of calculating fines based on income.
Law firm employee passwords “widely available” on Dark Web
Almost three-quarters of UK law firms have at least one employee password leaked into publicly available sources, the largest study of its kind has found.
AML overseer tells legal regulators to up their efforts
The body tasked with overseeing legal regulators’ anti-money laundering work said yesterday it was not seeing “the consistent, effective improvement we need”.
