SDT rejects plea of solicitor who claimed “perfect storm” of problems made strike-off unjust
A solicitor with nearly 25 years’ experience has been struck off for dishonestly using client funds to prop up his business and failing to pass on to an RTA client the £73,500 due to her, after a “perfect storm” of circumstances put his firm in difficulties.
Government PI reforms will hand insurers windfall of up to £700m, say economists
The government’s personal injury reforms will boost insurers’ profits by up to £700m a year as its estimate of how much of the savings will be passed back to motorists in lower premiums is “implausibly high”, an economics consultancy has predicted ahead of today’s second reading of the Prisons and Courts Bill.
Judge orders SDT to sanction “manifestly incompetent” solicitors who took Axiom money
A High Court has referred back to the Solicitors Disciplinary Tribunal the case of two partners he found to have displayed “manifest incompetence” in accepting £573,000 lent to their law firm by the controversial Axiom Legal Financing Fund.
Peers urge government to address impact of Brexit on legal services
Peers have expressed concern about the impact that Brexit is already having on the UK’s legal services market and urged the government to take action. It came in a report that warned that alternatives to the existing framework of civil justice cooperation “must be in place before the UK’s withdrawal is completed”.
MPs launch inquiry into government’s personal injury reforms
MPs on the justice select committee have launched a “short” inquiry into the personal injury reforms contained in the Prisons and Courts Bill. The announcement comes ahead of the bill’s second reading – during which the principles behind it will be debated – on Monday.
Marketer with ABS connections named next chair of Office for Legal Complaints
Wanda Goldwag – a marketing specialist turned regulator with a connection to two high-profile alternative business structures – has been named as the Legal Services Board’s preferred candidate to chair the Office for Legal Complaints, the body that oversees the Legal Ombudsman.
Good news at last for Slater & Gordon as new lenders want “solvent restructure”
Shares in Slater & Gordon (S&G) soared overnight – albeit from an historically low base – after it told investors that its new lenders “fully intend to implement a solvent restructure of the company”. Its share price rose 46% to 13c, having dipped to an all-time low of 7c a fortnight ago.
SDT rejects drug dealing solicitor’s plea for a second chance
The Solicitors Disciplinary Tribunal has struck off a solicitor who was convicted for conspiring to supply cocaine and sentenced to three years in prison, despite his plea for a second chance. He was himself an addict and claimed he was trying to rid himself of the drug when he supplied one gram to an undercover police officer.
Metamorph heads south with deal securing trio of offices
The expansion of consolidator Metamorph Law has continued after it took on the private client practice of a firm in Hampshire, its first venture in the south of England. Some 17 fee-earners and six support staff have set up new offices in Southampton, Lymington and Basingstoke.
SDT shows “humanity” with low-level sanction for solicitor convicted of stalking
A solicitor convicted of stalking her husband’s former lover has been fined £1,000 by the Solicitors Disciplinary Tribunal. In what it described as “wholly exceptional circumstances”, the tribunal said that “the reputation of the profession is enhanced by some consideration of humanity”.
