Law firms assume – wrongly – that their professional indemnity insurance covers them if they are investigated or prosecuted by the Solicitors Regulation Authority, research has warned.
A solicitor who was duped into employing a bogus solicitor, who then facilitated a £1.2m conveyancing fraud, has been struck off. The fee-earner stole the identity of a genuine solicitor.
Barristers instructed by now-defunct Birmingham law firm Public Interest Lawyers are set to lose out significantly from its liquidation, although its collapse may yet spark legal action.
Alan Blacker, also known as Lord Harley and one of the most talked-about solicitors of recent years, has today received a suspended prison sentence for benefit fraud.
The founders of a new consultant-led law firm are aiming to challenge not only the traditional law firm model but also the current fee-share models which have evolved over recent years.
A solicitor who used £80,000 of client money to refurbish her offices – and paid out another £165,000 of client money after falling victim to two email scams – has been struck off.
The Solicitors Regulation Authority will take into account the short period of time law firms have had to comply if they fall foul of today’s new anti-money laundering rules, it has said.
City firms with ‘onshore’ offices in cities such as Belfast and Manchester are breaking professional rules by not making it clear to clients where the work is being done, groundbreaking research has suggested.
A leading barrister blogger has blasted her own colleagues at the Bar for “being prats on social media” who “trash our reputation”.
The transformation of legal contracts into technology-boosted “dynamic modular agreements” has caught the attention of a major investor, which has ploughed $5m (£3.8m) into lawtech start-up Juro.