LeO “setting itself up to fail” with budget plans
The Legal Ombudsman is “setting itself up to fail” by proposing to give itself more work than it can cope with and asking for an “extraordinary high” budget increase of 19%.
Solicitor jailed for money laundering returns to profession
A solicitor who was jailed for four years for money laundering offences has been readmitted to the roll after the Solicitors Disciplinary Tribunal found he had been “totally rehabilitated”.
Most firms made a profit last year despite Covid, survey finds
The vast majority of law firms have made a profit since March, showing that predictions the pandemic would wreak havoc in the profession have not come to pass, according to new research.
High Court: Law firm was not operating collective investment scheme
A law firm which did the conveyancing work on two failed off-plan housing developments was not operating an unregulated collective investment scheme, the High Court has ruled.
New practising fee rules will allow “more meaningful debate”
The Legal Services Board has introduced new rules to ensure legal regulators explain more clearly how they spend the money they raise through the compulsory levies on lawyers.
Twitter row barrister expelled by chambers – after he resigned
The barrister who caused a storm of outrage for tweeting that “The Equality Act undermines school discipline by empowering the stroppy teenager of colour” has been expelled from his chambers.
Solicitor who lied to client, SRA and insurers struck off
A solicitor who lied to her client about the progress of her case and then to the Solicitors Regulation Authority about it, and later to professional indemnity insurers, has been struck off.
Regulators join forces to pilot comparison and review options for firms
Three regulators are joining forces to pilot ways for law firms to engage better with comparison websites and online review platforms, starting with conveyancing and employment work.
Coca-Cola to penalise outside firms for insufficiently diverse teams
Drinks giant Coca-Cola is to start penalising its panel law firms with reduced fees if they fail to deliver on diversity commitments, in a shift starting in the US and then expanding globally.
Covid hits numbers at the Bar and starting pupillages
Covid has flattened the number of new practising barristers and hit pupillages hard, but there was a sharp rise in the proportion of pupils from minority ethnic backgrounds.
