£10m paid out last year to victims of solicitors’ dishonesty
The SRA Compensation Fund paid out more than £10m to the victims of solicitors’ financial dishonesty last year, a 37% increase on the previous 12 months, new figures have shown.
Free wills “as profitable as charging a few hundred pounds”
Law firms can make as much money by providing their clients with free wills and charging for additional services than by charging a few hundred pounds for a will.
QC: Menopause “made me feel I was losing my mind”
A QC has described how going through an early menopause at the age of 37 made her feel she was “losing her mind” and left her a “hair’s breadth away” from leaving the Bar.
Gateley suffers loss of client data in cyber-attack
Client data has been stolen from Gateley in a cyber-attack, the listed law firm has revealed. The firm said it was “confident that the incident has been confined to a very small part of its data store”.
No duty on law firm to investigate client’s struck-off solicitor agent
A law firm was not under a duty to investigate a client’s agent in a property sale, who turned out to be a struck-off solicitor jailed for theft, the High Court has ruled.
SRA formally begins life as a separate corporate entity
The board of trustees and directors of Solicitors Regulation Authority Ltd met for the first time last week after agreeing the transfer of £9m in assets to the new company from the Law Society.
Conveyancing platform aims to be “central source of truth”
A conveyancing platform which aims to provide a “central source of truth” for buyers, sellers, estate agents and lawyers is being tested by law firms in Kent.
Ban for law firm revenue controller who diverted payments to own bank account
A law firm revenue controller given a suspended jail sentence after diverting £32,000 in payments meant for suppliers to his own bank account has been banned from working in the profession.
SRA keeps SIF open in face of hardening insurance market
A hardening indemnity insurance market and pressure from the Law Society have persuaded the Solicitors Regulation Authority to keep the Solicitors Indemnity Fund open for a further year.
Call to curb return to practice of barristers suspended for sexual misconduct
Barristers suspended for sexual misconduct should face conditions when they return to practice, such as bans from taking pupils or being featured in legal directories.
