A partner who admitted acting recklessly in failing to warn investor clients about the risks involved in off-plan property development schemes has been fined £17,500 by a disciplinary tribunal.
Reforms to the regulation of legal services proposed by an independent review would lead to a “massively uncertain and costly system”, the president of the Law Society has said.
An experienced solicitor has been fined £20,000 for misconduct after being duped into accepting that a woman was who she said she was because he did not require documentary proof.
A “disgraceful” solicitor disappeared with over £415,000 of client money and apparently went travelling to Malaysia, warning his trainee solicitor that “there are going to be some angry clients”.
A solicitor who acted where there was a real conflict of interest and paid out almost £6m from buyer clients before they had obtained any security in the flats they were hoping to buy, has been fined.
Law firms assume – wrongly – that their professional indemnity insurance covers them if they are investigated or prosecuted by the Solicitors Regulation Authority, research has warned.
A solicitor who was duped into employing a bogus solicitor, who then facilitated a £1.2m conveyancing fraud, has been struck off. The fee-earner stole the identity of a genuine solicitor.
Alan Blacker, also known as Lord Harley and one of the most talked-about solicitors of recent years, has today received a suspended prison sentence for benefit fraud.
A solicitor who used £80,000 of client money to refurbish her offices – and paid out another £165,000 of client money after falling victim to two email scams – has been struck off.
The Solicitors Regulation Authority will take into account the short period of time law firms have had to comply if they fall foul of today’s new anti-money laundering rules, it has said.
City firms with ‘onshore’ offices in cities such as Belfast and Manchester are breaking professional rules by not making it clear to clients where the work is being done, groundbreaking research has suggested.
An employment tribunal has ruled that it was wrong to uphold an unfair dismissal claim against a partner in a law firm closed down by the Solicitors Regulation Authority.
A solicitor who kept the £1,000 his client paid for a court fee has been struck off. The Solicitors Disciplinary Tribunal heard that he treated the money, paid into his personal account, as a “loan”.
A solicitor who “consciously closed his eyes” to the activities of people he knew were fraudsters, agreeing to buy a law firm which was “purchased from the outset as a vehicle for fraud”, has been struck off.
A veteran solicitor who failed to ensure that his client took independent legal advice before leaving him money in her will has agreed to leave the profession.
The first year of Making Tax Digital for VAT, known as the soft landing period, ends this April. During these first 12 months, firms without a compliant legal accounts package have used bridging software.