Mayson: Lawyers must prioritise public interest over clients
Lawyers seem to have forgotten that the public interest trumps the client interest and this needs to change, Professor Stephen Mayson has argued.
Barrister disbarred for making ‘fundamentally dishonest’ PI claim
A barrister who a court found had been fundamentally dishonest in making a personal injury claim has been disbarred.
SRA lays out major reforms to how solicitors hold client money
Major changes to the way law firms hold client money, including not retaining interest and restricting the collection of fees in advance, were proposed yesterday by the SRA.
“Reasons to be cautious” about pre-approval of law firm M&A
There are “reasons to be cautious” around the Solicitors Regulation Authority becoming more involved when law firms go through mergers and acquisitions, it said yesterday.
SRA set to shift balance of who pays for compensation fund
The 50/50 split between individual solicitors and firms in their funding of the SRA Compensation Fund should be changed to 70/30, the regulator has recommended.
Round one in dieselgate litigation goes to claimants
The first round of the diesel emissions litigation went to the claimants yesterday, with the High Court rejecting Mercedes’ bid to bind the court to decisions made by the German car regulator.
Moorhead: “We have to change the way lawyers think and behave”
The leading figure on legal ethics in the UK has called for the creation of an independent commission charged with improving “honesty, integrity and effectiveness in the use of law”.
Barrister who held and dipped into client money suspended
A direct access barrister who impermissibly held a divorce client’s money and then did not pay all of it back has been suspended for 18 months by a disciplinary tribunal.
FCA urges Supreme Court to act quickly over car finance mis-selling
The Financial Conduct Authority is to ask the Supreme Court to make a quick decision on whether it will hear the appeal against the recent decision on car finance mis-selling.
Barristers “wrongly think they work within AML regulations”
Barristers are wrongly stating that their work is covered by the money laundering regulations in their annual declarations to the Bar Standards Board, it has emerged.
