Home sellers “would pay more for faster conveyancing”
Almost nine in 10 vendors would pay more to have a faster conveyancing process, new research has revealed. as we report too on the latest BASPI iteration and proptech investment.
High Court: Solicitor did not “condone” partner’s £16m fraud
The insurer of London law firm Jirehouse – whose founder was jailed last year for fraud – has failed its ongoing bid to exclude liability for £6m in losses suffered by a client.
Solicitor who misled clients over LPA forms is struck off
A solicitor who told clients that the Office of the Public Guardian was to blame for what were actually her own errors in registering lasting powers of attorney has been struck off.
SRA sets out fee caps for financial mis-selling claims
The SRA has set out the fee caps it is planning to impose to prevent law firms handling financial product or services mis-selling claims from charging “excessive” fees.
Irwin Mitchell contact centre worker pretended to be lawyer
A contact-centre worker at Irwin Mitchell, who led another law firm to believe she was acting in an employment matter against its client, has been banned from working for law firms.
Metamorph closures have cost profession £1.4m so far
The closure of 16 offices of the Metamorph Group by the Solicitors Regulation Authority (SRA) has so far cost the profession £1.4m, it has emerged.
Bolt-ons and regional deal buck quiet M&A market
Merger and acquisition activity has been slow in the first quarter of 2023, but there have been niche bolt-ons, a Kent merger and a chambers merger too.
Lawyers face enhanced risk in “grim” AI-fuelled crime outlook
Lawyers and others face a future in which criminals can use artificial intelligence tools like ChatGPT to enhance their ability to commit fraud, Europol has warned.
Legal Services Board pushes back on claim it is overreaching
The Legal Services Board has firmly rebuffed suggestions that it is guilty of ‘overreach’ in doing more than just overseeing the performance of the frontline regulators.
SRA acknowledges need to speed up investigations into solicitors
The Solicitors Regulation Authority is introducing tougher targets for its investigators in a bid to reduce delays in processing complaints about solicitors.
