News – Page 14
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City watchdog faces resounding ‘no’ to in-house accountability proposal
Financial Conduct Authority’s consultation on including legal function in Senior Managers Regime closes on Monday.
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City solicitor likely to face SRA action after assault conviction
In-house solicitor charged following events at a London rowing club dinner in 2015.
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‘Conflict of interest’ fear over FCA’s senior managers regime
Law Society says subjecting in-house lawyers to City accountability regime may create conflict of interest.
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Potential regulation changes prompt council to set up ABS
Norfolk County Council, which hosts shared legal service nplaw, will be the sole shareholder of Anglia Law Ltd.
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Pay-gap tracker highlights gender divide in legal profession
Female legal professionals are paid £2.70 less per hour than their male colleagues.
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Fighting modern slavery is good for business – Law Society
Chancery Lane publishes guidance on requirements under Modern Slavery Act and examples of good practice.
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Multinationals ‘failing to check’ contractors, law firm claims
Survey of compliance officers finds UK weakest jurisdiction for due diligence.
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‘Change of direction’ sees top 100 firm bow out of SRA panel work
Bevan Brittan has reviewed investment in panel work for the regulator and decided not to retender.
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Digital skills gap blocking in-house progress – international firm
International firm Eversheds says technology has become an important part of a broader support package for GCs.
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Mencap sets up volunteer legal panel
Learning disability charity says legal aid cuts have affected access to quality legal advice and support.
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GCs can drive gender diversity in firms – legal chief
Guardian legal director tells First 100 Years conference of exercising 'small but real power'.
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Pro bono boost for Whitehall lawyers
Government Legal Department has estabished a network to support pro bono and volunteering efforts.
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Diversity champion Okoro is new World Bank GC
Sandie Okoro has held a string of high-profile in-house roles.
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Ethics and data security top GC agenda
The importance of in-house lawyers continues to grow, the new head of an international corporate counsel body has said.
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Offshoring back-office functions is ‘not so easy’
Legal chief at a tobacco multinational highlights challenges.
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CMA highlights lack of solicitor involvement in contract reviews
Competition watchdog says businesses risk breaching new laws or regulations.
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For geeks everywhere – law tech ‘disrupters’ gather at landmark London event
‘First lawtech startup conference in the world’ arrives in capital with launch of a ‘family’ space for innovators.
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Government to keep AML ‘consent’ defence
Vital protection for solicitors who report suspicious activity will remain, following Law Society lobbying.
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Major companies missing legal human rights risks
Some of the world’s largest businesses have a poor grip on the legal human rights risks in their supply chains, research on 152 corporations concludes.
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Lloyds Banking Group follows Barclays' lead in cutting panel numbers
Eight firms land a spot on bank's 'core' panel.