Headlines – Page 12
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SRA: Scrapping client account ‘not a done deal’
Hundreds respond to regulator’s suggestion that a third-party managed account could hold client money.
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£300,000 fine for US firm over historical AML breaches
Solicitors Disciplinary Tribunal approves agreed outcome on the first day of the substantive hearing against Simpson Thacher & Bartlett.
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New litigation funder pledges £250m and hires industry heavyweight
Steve Din, best known for starting up Simpson Millar owner, joins North American litigation funder.
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Government finds £1.5m for lawtech injection
Lawtech has fundamentally changed and is changing the legal services market for the better, minister tells conference.
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Magistrate’s employment tribunal claim over ‘minor incident’ dismissed
Employment judge Liz Ord said there was ‘no hint of anyone being discriminatory towards the claimant’.
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Mining giant was 'not a polluter' in Brazil dam collapse, court hears
BHP tells High Court that claimants deployed a 'novel interpretation' of Brazilian Law.
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Funding regulation fails to reflect ‘commercial realities’
Class representatives respond to Civil Justice Council review of litigation funding saying urgent reforms are needed.
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Peers to probe state of rule of law
Inquiry 'seeking to understand the rule of law as a constitutional principle and what the state of the rule of law is in the UK'.
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International firm condemns HR manager’s offensive tweets
Local election candidate made offensive posts through a profile listing CMS as his employer.
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SRA overturns Dentons acquittal in AML case
International firm will face the Solicitors Disciplinary Tribunal again as High Court quashes SDT’s decision.
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SRA chief: 'My decision to quit has nothing to do with Axiom Ince'
Chief executive tells journalists he had been planning retirement 'for quite a number of years'.
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City watchdog acts to thwart motor claims bonanza
Supreme Court ruling will pave the way for FCA-led compensation payouts, cutting out lawyers.
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Fines imposed on SQE provider will fund disadvantaged candidates
SQE Access and Reinvestment Fund pump-primed by £360,000 of 'financial penalties' paid by Kaplan since exam was introduced.
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In depth: Benchmarking survey - client interest profit warning
Law firms buoyed by interest on client money must ‘wean themselves off’ this lucrative income stream. That is a key message of the annual Law Society Financial Benchmarking Survey.
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Solicitor cannot claim victimisation for firm’s report to SRA
Employment tribunal rules that firm’s report to regulator was privileged and immune from legal action.
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Pre-recorded evidence has no impact on rape conviction rates, MoJ claims
Independent research found 20% drop in convictions in trials relying on pre-recorded evidence.
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Thousands of documents disclosed in ‘unprecedented’ lottery litigation error
Claimants should not be able to take advantage of Hogan Lovells' ‘inadvertent disclosure’ mistake, court is told.
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High profile solicitor to quit UK after SRA fine
Legal commentator Kerry Underwood hits out at ‘frankly oppressive’ AML regime after agreeing to pay financial penalty.
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LAA concedes pages of prosecution evidence after calculations go 'awry'
Costs judge awards legal aid firm the additional payment, £1,250 costs and the £100 paid on appeal.
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In depth: Arbitration Act - new rules put UK ahead
An updated Arbitration Act not only ‘safeguards the UK’s reputation for excellence’, but also reinforces its international credentials. With a wary eye on the competition, practitioners welcome the act’s clarity.