News

Leading firm ordered to hand over part of client file to HMRC

National law firm DAC Beachcroft has had mixed success in fighting off a bid by HM Revenue & Customs to access a conveyancing file involving offshore clients.

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Four solicitors struck off after leaving firm in £61m debt

Four solicitors have been struck off for their role at a Preston law firm which collapsed owing the scandal-hit Axiom Legal Financing Fund £61m.

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ABS owner given $500m to invest by private equity giant

A global ‘enterprise legal services company’ that effectively owns a London-based ABS is set for massive growth after Europe’s biggest private equity house took a majority stake.

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“Olympics bomb hoax” barrister disbarred

Barrister Michael Shrimpton – who was jailed for a bomb hoax at the London Olympics – has been disbarred by a disciplinary tribunal.

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“No way” whiplash portal will be ready for April 2020

There are considerable doubts about whether the Ministry of Justice will meet its April 2020 target to introduce the whiplash reforms, this week’s PI Futures event heard.

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CMC owners face an end to ‘phoenixing’

An end to owners of CMCs closing down a distressed firm and opening another – known as ‘phoenixing’ – is on the cards under new proposals from the Financial Conduct Authority.

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Policeman taking details

Solicitor and barrister both sanctioned for drink driving

A solicitor and barrister have separately been sanctioned for drink-drive offences, although only the latter appeared before a disciplinary tribunal.

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Bar Council slams BSB’s “dilution” of barrister brand

The Bar Council has reacted with outrage to training reforms that it says would automatically ‘passport’ solicitors with higher rights of audience to become barristers.

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LeO urges lawyers to ditch web email providers

The Legal Ombudsman has urged law firms that use web-based email such as AOL and Hotmail to invest in a more secure corporate email solution or risk paying out to victims of cybercrime.

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City lawyer “diverted client cash to own bank account”

A Spanish lawyer who sent “misleading” emails to divert £183,000 intended for his client to his personal bank account, has been struck off the register of European lawyers.

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