Appeal court criticises SRA as it raises possibility of more time to challenge interventions
There may be circumstances in which the eight-day period solicitors have to challenge interventions into their practices should be extended, the Court of Appeal has suggested.
Very stressed? Then you’re probably a BAME partner in a legal aid firm working long hours
If you are a partner doing legal aid work, working long hours and from a black, Asian or minority ethnic background, then you are probably the most stressed solicitor in the country. That is according to newly published Law Society research.
SRA "waiting for something to go wrong" before taking action on cloud computing
The Solicitors Regulation Authority’s reluctance to give detailed guidance to law firms on cloud computing could be because it is “waiting for something to go wrong” before it acts, a report has suggested.
High Court gets teeth into BSB disciplinary problems
The High Court has this week been hearing the first claim for judicial review arising from last year’s high-profile problems with the Bar Standards Board’s tribunals which, if successful, would throw the barristers’ disciplinary regime into disarray.
Exclusive: now it’s Stobart Solicitors as well after SRA grants ABS licence
Famous logistics company Stobart Group now has a law firm to sit alongside its direct access barrister service, Legal Futures can reveal. The Solicitors Regulation Authority has granted an alternative business structure licence to One Legal Ltd, which was set up by the company.
600 firms and individuals receive SRA ticking-off over compliance officer failures
More than 600 law firms and individuals have so far had their cards marked by the Solicitors Regulation Authority over failures associated with the nomination of compliance officers, it has emerged. A further 139 investigations remain live.
Indemnity insurer collapse leaves millions in unpaid claims against solicitors
Lemma, the failed Gibraltar-based solicitors’ indemnity insurer, has left run-off claims worth around £25m to be borne by the financial services industry in the wake of its collapse last year, it has emerged.
Direct Line outlines plan for ABS in partnership with Parabis
Direct Line Insurance Group plc is to partner with alternative business structure Parabis Law to launch a wholly owned law firm, it announced yesterday. The insurer will offer a range of injury and non-injury services to existing and new customers.
ABS to relinquish licence after acquisition
A specialist public sector law firm is set to relinquish its alternative business structure licence after being acquired. London-based TPP Law has been bought by Geldards as part of the regional law firm’s bid to grow a national public services practice.
ABSs face fines of up to 2.5% of turnover for serious misconduct
Alternative business structures with a turnover of more than £2m face fines of up to 2.5% of their turnover in cases of serious misconduct, under plans being considered by the Solicitors Regulation Authority.
