Solicitor “used counsel and experts’ fees to prop up firm”
A solicitor who held on to money meant for counsel, experts and others for several years so as to aid his firm’s cash flow has been struck off. He only paid those who chased him for payment.
Firms receiving SRA advice “little better on AML than others”
Nearly half of solicitors’ firms that are part of the regulator’s relationship management regime have been referred to the disciplinary process for anti-money laundering failures, it has been disclosed.
SRA suggests requiring “cooling-off period” before NDAs are signed
Employees should be given a “cooling-off period” before signing non-disclosure agreements, the Solicitors Regulation Authority has suggested.
Judge tells law firm and ex-partner to sort out dispute in arbitration
The High Court has told well-known law firm Schillings and a former partner to sort out their ongoing dispute over his departure through arbitration.
Lawyers catalogue problems with whiplash portal build
Solicitors have criticised the Ministry of Justice for cutting corners in developing the new whiplash portal “in order to meet the politically driven deadline of April 2020” – and suggested it still cannot be met.
Quick u-turn as Law Society agrees to review NDA guidance
The Law Society has performed a rapid u-turn and agreed to review its controversial practice note on non-disclosure agreements, it confirmed today.
Anti-money laundering supervisor “should practise what it preaches”
The body that oversees legal regulators’ anti-money laundering efforts needs to show the same level of transparency that it is demanding of them, the Bar Council has said.
Legal aid lawyers “risk their mental health” with traumatic cases
Legal aid lawyers in serious cases deal with trauma that is bound to have an impact on them, and they also have to start showing compassion to junior staff who suffer from burnout.
Insurers agree to be bound by ADR in new whiplash system
Defendant insurers have agreed to be bound by the outcome of the alternative dispute resolution process being built into the new whiplash system, it has emerged.
Law Society set to snub MPs’ call for NDA guidance review
The Law Society has indicated that it has no plans to review its controversial practice note on non-disclosure agreements, despite the urging of MPs. But it may have over-egged the SRA’s support for the note.
