News – Page 16
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NewsLaw Society calls on SRA to evidence huge rise in compensation fund levy
Individual contributions will jump by £60 while £660 levy on firms will rise to £2,220 under SRA proposals.
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NewsSRA tight-lipped on CILEX takeover decision
Board met yesterday to decide whether or not to proceed with plans to regulate members of the Chartered Institute of Legal Executives.
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NewsHigh Court throws out SRA’s appeal in AML case
External provider failed to identify politically exposed person related to client, court hears.
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NewsSociety attacks SRA's CILEX takeover as decision-day looms
'Now is not the right time for the SRA to seek to widen its regulatory scope or take on additional responsibilities.'
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NewsSRA liable for £189,000 costs after ignoring its own AML guidance
Tribunal rebuffs regulator's attempt to penalise international firm Dentons after unsuccessful prosecution.
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NewsSRA issues new client account warning
Regulator issues apparently unprompted edict to profession not to allow shortages to linger.
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NewsOffice manager helped to move £176k from client accounts to save firm
Transfers were made to the office account to pay staff wages and settle business loans.
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NewsSRA probing 20 solicitors and firms over Post Office scandal
In updated statement, regulator says investigation includes conduct of lawyers during and since prosecutions.
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NewsSRA sounds alarm on firm mergers
M&As must prioritise clients’ interests, regulator warns after spate of high profile collapses.
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NewsSRA fights for anonymity in money-laundering compliance case
High Court hears appeal against rulings on due diligence check, in case which explores the scope of privilege.
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NewsSenior partner suspended over sex on a desk with junior colleague
Tribunal says younger female staff at unnamed firm were given ‘unsettling dilemma’ about how to respond.
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NewsTrainee tried to cover up discontinuing client’s claim
Employee misled client and her firm in the aftermath of her initial mistake.
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NewsSurvey reveals caution about regulation of legal AI
Half of lawyers polled say legal profession should self-regulate its use of artificial intelligence.
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NewsJudicial Conduct Investigations Office must comply with FoI requests
Information Commissioner's Office finds that JCIO is part of judicial office - and the Ministry of Justice and MoJ must issue ‘fresh response’ to FoI request.
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NewsEthnicity attainment gap evidence should be 'wake-up call' for the sector
SRA-commissioned research details reasons for ethnicity gaps in outcomes of professional legal assessments and next steps.
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NewsMore solicitors go freelance but insurance cover still a problem
SRA data reveals that experienced male solicitors are more likely to go freelance.
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NewsAxiom Ince report kicked into long grass by election
Legal Services Board says as a public body it cannot compete for attention with general election coverage.
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NewsParalegal texted client in bid to thwart investigation
SRA bars former employee from working in any regulated firm.
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NewsRegulation and PII specialists move to new-model firm
Liverpool firm Legal Risk to shut up shop as partners move to Keystone Law.
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NewsSRA aims to generate £66m in SQE income next year
Draft business plan and budget shows £36m increase on 2023-24 income due to more candidates sitting the exam.