News

Ask me anything – Allen & Overy adopts ChatGPT-style legal AI tool

Global law firm Allen & Overy has become the first law firm to adopt an AI assistant similar to ChatGPT to help speed up the work of more than 3,500 lawyers.

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BSB leaves door open to reaccreditation of barristers

The Bar Standards Board has said it is open to “revisiting” its position that a reaccreditation scheme to ensure the competence of barristers is unnecessary.

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SRA to keep many disciplinary decisions online for longer

Details of many disciplinary and other regulatory actions taken by the Solicitors Regulation Authority will be published for longer than they are now, the regulator has decided.

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Digital securities “can be accommodated” within existing English law

The most common types of digital securities can “easily be accommodated” within existing English law, the UK jurisdiction taskforce of the LawTech Delivery Panel has concluded.

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Solicitor used friend’s identity to obtain prescription drugs

A solicitor who was convicted of fraud after impersonating a friend to obtain prescriptions for painkillers and sleeping pills has agreed to leave the profession.

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SRA finalises rules for successor to Solicitors Indemnity Fund

The board of the SRA has agreed the final version of the rules for its in-house successor to the Solicitors Indemnity Fund, which is due to begin work on 1 October this year.

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Islamic fintech company buys law firm specialising in Shari’ah wills

A law firm specialising in Islamic wills has been acquired in a seven-figure deal by a fintech company providing Shari’ah-compliant services.

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Slips and SLAPPs – SRA review finds good level of compliance

There is an increasing trend of firms threatening to report their opponents to the Solicitors Regulation Authority as a litigation tactic, solicitors have told the regulator.

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Solicitor ghosted client and SRA after receiving divorce settlement

A solicitor who failed to pass on to a client the £132,000 due to her from her divorce settlement – money the profession has now had to stump up – has been struck off.

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Land Registry calls on law firms to reduce “avoidable errors”

The deputy chief land registrar has called on conveyancing firms to ensure they are not making “avoidable errors” on registration applications.

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