News

money laundering2

Third of solicitors make errors when asking anti-fraud authority for consent to act

A third of suspicious activity reports submitted by solicitors seeking consent to continue working on a matter do not contain enough information on which to make a decision, the UK Financial Intelligence Unit has found.

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ICAEW - Chartered Accountants

Accountants able to handle probate work without solicitors from next month

Chartered accountants will be able to carry out reserved probate work themselves, without the need to instruct a solicitor, from next month, the Institute of Chartered Accountants in England and Wales (ICAEW) has said.

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Chris Jeffery Thomson Reuters

Internet overtakes friends and family as main way to find a solicitor

Clients are significantly more likely to find a solicitor through the internet than by asking friends or family, a major study of over 2,000 people has found.

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investment

Solicitor suspended over boiler-room scam

A solicitor involved in boiler-room scams has been suspended from practising for 18 months by the Solicitors Disciplinary Tribunal. He had already been found guilty by the then Financial Services Authority to have recklessly signed off the approval of 50 UK investment advertisements.

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Andrew Selous

Low-profile Tory MP becomes newest justice minister

A little-known Conservative MP with a background in insurance has been appointed the new junior minister at the Ministry of Justice. Andrew Selous replaces Jeremy Wright, who was the surprise choice to become the new Attorney General.

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Eddie Ross

‘QS Price Promise’ to launch in September

QualitySolicitors is to launch its ‘QS Price Promise’ in September, combined with a national TV advertising campaign, the network has revealed. It is also changing its approach to firms having to adopt the QS name.

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will 2

SRA ducks out of row over Law Society advice on Shariah-compliant wills

The Solicitors Regulation Authority has removed reference to the Law Society’s controversial practice note on Sharia succession rules from its recent guidance on will drafting, it has emerged.

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Andrew Tyrie MP

MPs quiz banks over bogus law firms

The row over companies sending letters to customers in debt that falsely appear to be from independent solicitors’ firms, rather than their in-house lawyers, is set to rumble on after the Treasury select committee demanded information from the main high street banks about their activities.

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Jeremy Wright

Wright is surprise pick as new Attorney-General – but Grayling stays put

Barrister Jeremy Wright is the surprise choice to be the new Attorney-General, replacing Dominic Grieve in today’s major government reshuffle. The appointment will be seen as a shock, not least because he is not a QC.

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London Stock Exchange

Strong performance from legal services arm sees Quindell share price rise sharply

Strong performance from its legal services arm boosted a trading update from Quindell plc, which it turn began to pull the alternative business structure out of the doldrums yesterday, with its share price shooting up 30% in the day.

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