Law Society leaders take their lumps but survive no-confidence vote
The Law Society leadership yesterday fought off a vote of no confidence in how it represents conveyancers but took plenty of criticism along the way.
South Asian lawyers “experience discrimination in career progression”
Two-thirds of South Asian partners in large London law firms have experienced racial discrimination in career progression, a new report has found.
Complaints about the SRA rise by 29%
Complaints about the Solicitors Regulation Authority’s handling of cases rose by 29% last year, with the increase in interventions part of the reason.
NY lawyers can passively invest in ABSs, says city bar association
A New York lawyer may hold a financial interest in an alternative business structure operating legally elsewhere, the city bar association has said.
Huge hike in compensation fund levy to go ahead
The Solicitors Regulation Authority is pressing ahead with a huge hike in the compensation fund levy in the wake of the spiralling cost of law firm failures.
Aggregation fears “set to drive up cost” of indemnity insurance
Solicitors may face a more restricted professional indemnity insurance market this year amid growing concern over limitations on insurers aggregating claims.
Accusations fly amid “hostility” between LSB and Bar regulator
Relations between the Legal Services Board and the Bar Standards Board are close to breaking point over the speed of reform at the barrister regulator.
SRA reports two law firms to Treasury for breaching Russia sanctions
The Solicitors Regulation Authority has reported two law firms to the Office of Financial Sanctions Implementation, part of the Treasury, for breaching sanctions on Russia.
Boss struck off over pension cash misuse – but fellow partners cleared
A managing partner who used staff pension contributions to prop up his firm has been struck off, but his two equity partners were cleared of misconduct.
£350m sale of PI group in the offing as turnover and profit soar
Private-equity backed personal injury business Winn Group has reported soaring revenue and profit amid talk that it is to be sold for £350m.
