News – Page 16
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Society 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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SRA 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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SRA issues new client account warning
Regulator issues apparently unprompted edict to profession not to allow shortages to linger.
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Office 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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SRA 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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SRA sounds alarm on firm mergers
M&As must prioritise clients’ interests, regulator warns after spate of high profile collapses.
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SRA 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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Senior 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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Trainee 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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Survey 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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Judicial 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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Ethnicity 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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More 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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Axiom 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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Paralegal texted client in bid to thwart investigation
SRA bars former employee from working in any regulated firm.
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Regulation 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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SRA 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.
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High Street firm hit with £12,400 fine for breaching undertaking
Firm had agreed to register charges on properties within five days; it took more than 18 months.
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Compensation fund levy trebles in wake of Axiom Ince debacle
Firms holding client money will have to pay an additional £1,560 from next year - while the individual levy will rise from £30 to £90.
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Veteran solicitor fined for using client account as bank
Regulator says firm owner’s breaches had the potential to cause significant harm - though none occurred.