News

Lawyers “must contact NCA immediately” before disclosing SARs

Lawyers compelled by the CPR or court order to reveal the contents or existence of suspicious activity reports must contact the National Crime Agency at the “first opportunity”, the Home Office has said.

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Dispersed firm aims for 1,000 consultant lawyers in next five years

Leading ‘dispersed’ law firm Setfords has set itself the target of having more than 1,000 consultant lawyers on its platform in the next five years.

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Regulators forced to self-finance compensation funds

Two of the smaller legal regulators are having to self-finance their compensation funds after their insurer stopped providing cover, reducing the potential payouts as a result.

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Solicitor finally faces disciplinary tribunal after 2015 rape conviction

A senior solicitor convicted more than six years ago of raping a teenager is finally facing the Solicitors Disciplinary Tribunal, it emerged yesterday.

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ACSO/ABI Covid deal expires but “spirit of partnership” continues

The deal struck between insurers, law firms and suppliers to keep non-MedCo medical examinations and rehabilitation going remotely during the Covid-19 crisis expires today.

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Law Society prepares guidance on Supreme Court undertakings ruling

The Law Society is to issue guidance on last month’s Supreme Court ruling on solicitors’ undertakings, which a legal regulation expert said has left conveyancers “very much in a mire”.

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Accountants doing probate work failing on price transparency

Chartered accountants handling probate work are to face compulsory rules on publishing price and service information after their regulator admitted a voluntary approach had not worked.

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In-house specialists put faith in trainees

A law firm which specialises in services for in-house legal departments is evolving its model by taking on trainee solicitors and offering a “very different” type of career to traditional firms.

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Trainee and legal cashier banned for taking money

A trainee solicitor and a legal cashier have each been banned from working for law firms after being found to have taken money from their respective firms.

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High Court rejects appeal by struck-off pension scam solicitor

The High Court has rejected an appeal by a solicitor struck off after he “turned a blind eye” to the warning signs of fraud in an early release pension scam.

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