News

Solicitor and banker brother charged with insider trading

A solicitor who was at City giant Clifford Chance has been charged with insider trading and fraud along with his younger brother, who was an analyst at investment bank Goldman Sachs.

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Legal and financial services group expands with law firm acquisition

Fast-growing wealth management and legal services firm Progeny has continued its expansion by acquiring conveyancing firm Watson Law, with three financial planning firms next on its agenda.

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Tax barrister aims to make virtual chambers “biggest of its kind”

A barrister specialising in civil and criminal tax disputes has set up a virtual chambers with the aim of making it the biggest of its kind by the end of next year.

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Time to consider regulating lawtech firms, report says

The time has come for the Ministry of Justice to consider whether lawtech companies, along with other unregulated legal services providers, should be regulated, ACSO has said.

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Firm made unlawful deductions from consultant solicitor’s pay

A law firm was not entitled to make deductions from the pay of a consultant solicitor because it was unhappy with the quality of his work, an employment tribunal has ruled.

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Law firm ordered to pay £1m for registration error

The High Court has ordered a defunct Manchester law firm which failed to register a restriction against a house at the Land Registry to pay over £985,000 in damages for negligence.

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Legal executive banned for purporting to witness signatures

An experienced chartered legal executive who purported to have witnessed her clients’ signatures on a property transfer form has been banned from working in law firms.

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CLC highlights compliance risks facing licensed conveyancers

Money laundering, buyer-funded developments, and acting for both sides are among the risks highlighted in the Council for Licensed Conveyancers’ first Compliance Risk Agenda.

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LeO found to have discriminated against ombudsman

The Legal Ombudsman has paid compensation to one of its ombudsmen after being found guilty of indirect sex discrimination, Legal Futures can reveal.

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Solicitor’s warnings of overcharging “could be protected disclosures”

A solicitor who warned his law firm that it was overcharging a client is to have a second chance to argue that his role was terminated as a result of protected disclosures.

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