News

LSB seeks new role as AML supervisor for legal services

The Legal Services Board has argued that it should take over responsibility for anti-money laundering supervision in legal services from OPBAS.

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The SIF debate is finally over as SRA takes control of run-off scheme

The seven-year debate over the future of the Solicitors Indemnity Fund has finally ended, with the Solicitors Regulation Authority formally taking over its management on Sunday.

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Having children “makes lawyers less optimistic about careers”

Six in 10 lawyers feel “less optimistic” about their career prospects after having children, with the feeling much more common among female solicitors than men.

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Class action specialists secure biggest ever law firm financing deal

Pogust Goodhead has set its sights on becoming the biggest consumer class action law firm in the world after unveiling a landmark $553m (£453m) financing deal.

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“Shocking and abhorrent” conduct – SDT explains Bretherton strike-off

The conduct of the City solicitor struck off for taking sexual advantage of an 18-year-old apprentice was “shocking and abhorrent”, the Solicitors Disciplinary Tribunal has said.

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SRA fines law firm £45,000 for how it ran financial mis-selling claims

The Solicitors Regulation Authority has slapped a law firm with a £45,000 fine for multiple failures in its conduct of financial mis-selling claims.

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MPs question new Law Society board chair’s “conflict of interest”

MPs have raised concerns about a possible conflict of interest that the incoming local government ombudsman may have with another new role as chair of the Law Society’s management board.

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Court stops firm using fees generated by claims joint venture

The High Court has ordered a law firm not to use fees from a PPI claims joint venture now the subject of a dispute, despite it warning that this could put it out of business.

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PI firm struck down by whiplash reforms sold in pre-pack deal

Another law firm to suffer following the 2021 whiplash reforms has been sold in a pre-pack administration deal to a firm that itself has just been bought up.

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Experts hit out at 20-page limit on reports in intermediate track

Expert witnesses have made a last-minute call to scrap the rule in the new intermediate track for civil claims that limits their reports to 20 pages.

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