News – Page 54
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NewsSRA fines fresh batch of firms for breaching AML rules
Legal practices took over a year to make required declaration about risk assessment.
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NewsBarristers from ethnic minorities more likely to face BSB scrutiny
Report also reveals that male barristers are twice as likely to be referred for disciplinary action as female counterparts.
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NewsClient satisfaction hits all-time high - despite lockdown
Nine out of 10 consumers of legal services are content with the outcome of their matter, according to a key industry bellwether. But the consumer watchdog is still disappointed most rely on ‘gut feeling’ to choose their lawyer.
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NewsDon’t pile on competence checks, warns SRA
Solicitors are 'overwhelmingly' completing training and firms are closely monitoring employees, says regulator.
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NewsBar regulator under fire for prioritising interests of barristers
Bar Standards Board is accused of failing in its duty to improve access to justice in highly critical review.
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NewsClerk banned after taking secret phone recordings in court
Former legal clerk was given a suspended prison sentence last year.
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NewsLSB backs career-long competence checks
Super-regulator says current system is not best serving the public interest or the interests of consumers.
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NewsSuper regulator spies ‘lack of buy-in for our vision’ as key risk
Legal Services Board says there remains a ‘perceived lack of institutional legitimacy’.
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NewsSRA begins money laundering clampdown with six firms fined
Sanctioned group waited more than a year to submit required risk assessment of AML policies.
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NewsBar questions mitigation in sexual misconduct cases
Sentences for sexual misconduct have negatively affected public confidence over past three years, says Bar Council.
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NewsProfession pays out £10m to cover losses from dishonest solicitors
New figures come as oversight regulator approves new threshold for charities making compensation claims.
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NewsSRA lays ground for fee-capping in financial mis-selling claims
Legislation passed three years ago requires regulators to prevent excessive fees from being charged.
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NewsLSB pushes for consistent sanctions against lawyers
Bar should take ‘demonstrably firm action’ against sexual misconduct, says super-regulator.
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NewsSRA postpones indemnity fund closure for 12 months
Regulator will consult on next steps, including alternative arrangements to protect retired solicitors.
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NewsConsolidation gathers pace as firm numbers dip below 10,000
SRA figures show there were 9,974 firms at the start of this month, the lowest number in 11 years.
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NewsAnnouncement expected on SIF closure
Solicitors Regulation Authority will disclose next week whether it will ditch or defer plans to shut the Solicitors Indemnity Fund.
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NewsRegulators consider forcing firms to sign up to review websites
Legal Services Board paper says sites could become mandatory if progress is not fast enough.
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NewsSRA plans to prosecute any solicitor flouting pre-med ban
New rules came into force last week requiring a medical examination for any successful whiplash claim.
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NewsFirms are boosted by online reviews, claims SRA
Regulator’s pilot scheme has secured 70 firms to sign up to greater engagement with review and comparison websites.