Listed MDP that started life as law firm raises £9.2m to fund growth
A listed multi-disciplinary business supporting the asset management industry – which started life as a law firm – has raised £9.2m from a placing and retail offer.
SRA lays out when it would act over sexual misconduct outside practice
The Solicitors Regulation Authority has today made clear that it can and will take action over sexual misconduct which happens entirely outside of a solicitor’s practice.
Male partner who “harassed” junior female colleague agrees to come off roll
A solicitor who made “inappropriate” comments to a junior colleague has avoided the Solicitors Disciplinary Tribunal by agreeing to remove himself from the roll for at least three years.
Up to 70% of land register updates to be automated by 2025
Up to seven out of ten updates to the land register will be automated by March 2025, HM Land Registry has predicted, as it pledged to promote “a secure and inclusive digital system of conveyancing”.
Law Society “could support” in-house alternative to SIF
The Law Society has “no objection in principle” to the Solicitors Indemnity Fund being replaced by an in-house alternative run by the Solicitors Regulation Authority.
CILEX private client firm becomes first to transfer to SRA
A private client firm in Norwich has become the first to transfer regulator from CILEX Regulation to the Solicitors Regulation Authority.
Decisions to suspend solicitors “should stay public” for extra three years
Decisions to suspend solicitors should stay in the public domain for three years after they return to work, the Legal Services Consumer Panel has argued.
Mayson: LSB’s ongoing competence push is “mission impossible”
The Legal Services Board is on a “mission impossible” in imposing an ongoing competence regime on the legal profession that will generate disproportionate costs for lawyers and consumers.
Need for specialist IP solicitors meets new “clear and compelling” costs test
A party that needed specialist intellectual property advice was justified in using lawyers who charged significantly above the guideline hourly rates, the High Court has decided.
SRA: Expected spike in claims over dubious schemes has not happened
Solicitors’ contributions to the SRA Compensation Fund will fall next year because an anticipated spike in the level of claims arising from dubious investment schemes did not transpire.
