Solicitors


PI lawyer used disbursement cash to prop up firm

4 August 2020

The owner of a personal injury firm has been struck off after retaining nearly £500,000 in disbursements to keep his firm afloat after it was badly hit by the LASPO reforms.


Leading firm rebuked over client account misuse

3 August 2020

Leading law firm Womble Bond Dickinson has been rebuked for providing a banking facility to a client by receiving and paying out more than £2m that did not relate to any legal work it was doing.


Unregulated firms should have access to regulatory sandboxes

3 August 2020

Legal regulators should allow unregulated firms to test their ideas in regulatory sandboxes set up to foster innovation, the Legal Services Consumer Panel has said.


Number of complaints received by law firms on the rise

31 July 2020

There has been a 9% increase in the number of complaints to law firms last year, but they continue to resolve eight out of 10 themselves, according to official statistics.


Conveyancing paralegal banned for trying to cover up mistake

31 July 2020

A conveyancing paralegal who tried to cover up her mistake in not sending an updated plan to the buyers’ solicitor has been banned from working in the profession.


Assistant turned senior partner let struck-off solicitor maintain control

30 July 2020

An assistant solicitor who took over a firm after the principal was struck off allowed her to keep practising under her maiden name, use the firm’s office and be sole signatory on its bank accounts.


Solicitor rebuked for settlement agreement demand

28 July 2020

A solicitor has been rebuked for trying to include a ban on her former employer referring her to any regulatory authority as part of a settlement of disputes between the two.


Now MP targets Herbert Smith over Post Office work

28 July 2020

An MP has urged select committees to investigate the role of law firms – and in particular Herbert Smith Freehills – in helping client companies accused of wrongdoing set up compensation schemes.


Advocacy shake-up to hit trainees but not youth courts

28 July 2020

The Solicitors Regulation Authority is to end the practice of allowing trainee solicitors to obtain higher rights of audience but has reversed course on its proposed approach to advocacy in the youth courts.


SRA to cut Compensation Fund payout limit to £500k

28 July 2020

The Solicitors Regulation Authority has decided to implement its controversial plan to cut the maximum award from its Compensation Fund from £2m to £500,000.


SDT rejects a quarter of prosecution agreements

24 July 2020

The Solicitors Disciplinary Tribunal rejected a quarter of the outcomes agreed by the Solicitors Regulation Authority and defendants last year, its annual report has revealed.


Whistleblowers’ lawyers “fear retaliation” over NDAs

23 July 2020

Lawyers acting for whistleblowers have told MPs and peers that they can feel intimidated to raise concerns over non-disclosure agreements because of the threat of retaliation.


Lawyers face new levy to support economic crime drive

23 July 2020

Larger law firms face a new levy of £100-200 per £1m of revenue to support the government’s economic crime plan, under proposals outlined by the Treasury yesterday.


COFA banned for using disbursement payments to prop up firm

22 July 2020

A compliance officer for finance and administration who helped the firm’s owner use £500,000 received for disbursements to prop up the firm has accepted a ban from the profession.


Partner fined for offensive question to gay trainee

20 July 2020

A law firm partner who asked if it was acceptable to call a gay trainee solicitor a “poofter” – and repeated the question to the trainee – has been fined £4,000 by the Solicitors Regulation Authority.

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Blog


BSB entities offer positive future for the Bar
3 August 2020

The chambers of the 17,000 or so practising barristers in England and Wales face, arguably, their greatest time of challenge and controversy since advocates first took up arms in the early 13th century.


My lockdown legacy – what will yours be?
30 July 2020

As we go back to work, we will not – and should not – forget the lessons we learnt during lockdown. I really hope that we drive change as a result and create a positive legacy for our industry.


Reports


Report Cover
Our latest special report, produced in association with Temple Legal Protection, looks at the role of after-the-event (ATE) insurance in commercial litigation post-LASPO. We are at a time when insurers, solicitors, clients and litigation funders work ever more closely to create funding packages that work for all of them, with conditional fee and even damages-based agreements now part of many law firms’ armoury.