News – Page 3
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NewsSRA plans risk profiler to flag potential law firm collapses
Investigators will have access to crib sheets of key data so they can detect warning signs earlier.
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NewsSRA investigating potential fraud at collapsed PM Law
Regulator sharing results of its investigation with police and other authorities.
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NewsSolicitor convicted of stalking faces SRA probe over leasehold 'threats'
Practitioner accused in parliament of ‘bullying, threatening and harassing’ leaseholders into buying freeholds from him.
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NewsNew blow to SRA as solicitor cleared of 'SLAPP' behaviour awarded costs
Court orders SRA to make an interim payment of £400,000 ‘as soon as possible’ to media lawyer.
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NewsFirm's trusted cashier barred over £200,000 theft
Four-year misconduct was only uncovered when rogue cashier went on annual leave.
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NewsSRA makes emergency compensation payments to PM Law clients
Intervention spanning 24 offices could be the biggest ever undertaken by the regulator.
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NewsComplaint numbers rocket to record high
Legal ombudsman figures likely to exceed worst-case projections for the current year.
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NewsSolicitor who covered up late arrival in court is struck off
Advocate panicked after case had to be adjourned because he was 30 minutes late.
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NewsLSB’s effectiveness under scrutiny in new review
Justice minister says review should ensure super-regulator is providing robust and proportionate oversight.
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NewsNovice solicitor lied about university career to get City job
Former in-house practitioner ‘created a persona that he thought was required for a role in private practice’.
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NewsIn depth: Another accumulator firm goes under - reviving tough questions for the SRA
Monday’s demise of PM Law Group left hundreds jobless and clients in limbo. The SRA has now intervened, as attention once again turns to the risks posed by firms which expand rapidly through acquisition.
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NewsPM Law did report closure to SRA
Concerns were raised over why the regulator took two days to intervene.
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NewsSRA's new boss pledges 'empathy' and transformation
In her first interview, Sarah Rapson says she would like the regulator to be 'more human', but accepts she has a turnaround job to do.
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NewsProbate solicitor paid his £77,000 tax bill with client funds
Practitioner abused his position of authority over three years with ‘deliberate and calculated’ misconduct.
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NewsFCA and SRA warn claims firms on excessive exit charges
Joint statement says fees for terminating retainer must be clearly stated up front.
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News‘Clear your desk and go’: The overnight closure of PM Law
Clients cast adrift after staff were locked out of IT systems and told to put up the ‘closed’ signs. For now, confusion reigns.
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NewsFirm fined £68,000 for processing CA$23m through client account
SRA found there was no proper connection between legal services provided and money passed through client account.
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NewsStaff in despair as 20-practice network shuts suddenly
Reports indicate that Yorkshire and Cumbria outfit PM Law has ‘not closed in the manner we would expect’, SRA says.
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NewsSRA must pay Carter-Ruck partner costs in failed 'SLAPP' case
Practitioner subject to ‘legally flawed’ SRA proceedings is claiming around £1 million from regulator.
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NewsRegulator eases practising rights rules amid post-Mazur delays
Practising rights entry rules relaxed as more groups join upcoming Court of Appeal proceedings.