Regulation and compliance – Page 111
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NewsLaw Society: third-party client accounts ‘too expensive’
Solicitors’ body not taken with proposal to allow Bar Council-style third-party client account providers.
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NewsReferral fees in crime would ‘corrupt’ market, bar alleges
Criminal barristers warn against lifting ban on referral fees that exist ‘solely to benefit solicitors’.
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NewsSuper-regulator prepares in case BSB ‘falls short of expectations’
The LSB is preparing to assess the bar regulator’s compliance after it missed its first deadline to review its continued regulation of the ‘cab rank’ rule.
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NewsBarrister suspended from public access work for holding client money
Oliver White, a barrister at 4-5 Gray’s Inn Square, has been banned for six months after holding £5,000 for his client.
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NewsCity firms not interested in losing client account
City of London Law Society says members remain firmly in favour of retaining current arrangements.
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NewsClients 'in the dark' over their lawyer's quality - watchdog
Legal Services Consumer Panel to push for greater scope of information to be provided about standards of service.
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Nottingham firm signs up with bar regulator
Husband and wife ran Invictus Legal as a solicitors’ firm for five years, before opting to set up a new company as a Bar Standards Board-regulated entity.
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NewsSRA ‘loosens the grip’ on separate business rule
Regulator seeks a level playing field for existing firms to own or manage separate businesses.
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NewsBSB plans to drop mandatory CPD hours
Regulator is proposing to abolish the requirement for barristers with over three years’ practising experience to complete mandatory 12 hours of CPD.
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NewsFlight delay compensation firm becomes ABS
FairPlane approved seven months after a landmark ruling opened the way to a wave of claims against airlines.
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NewsSRA warns on exit strategies after solicitors fined
Five solicitors penalised in April for not following the correct procedure to close down their businesses.
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NewsForex fines likely to trigger further litigation against banks
Commercial lawyers said guilty pleas by four major banks for rigging the forex market could make it easier for further claims.
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NewsSolicitor owed £40k in fees accuses SRA
Andrew Williams, a director of Essex firm Lillywhite Williams, was wrongly intervened into last October without notice.
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NewsSRA right to intervene in solicitor who ‘lost ethical compass’
High Court backs regulator’s decision to shut down firm, despite pleas for more lenient punishment.
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Suspended solicitor convicted over immigration advice
District judge said Flora Mendes had ‘left a trail of destruction towards vulnerable people she left in her wake’.
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NewsSolicitor opts for bar over SRA in search of ‘stability’
Mark Johnson opted to license his business as a single-person bar entity because he values a more stable insurance market.
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South Korea legal liberalisation move
Draft bill proposes the amendments as the Ministry of Justice in Seoul implements the third stage of legal services provisions.
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NewsSRA backs £637m Quindell-Slater disposal
Multi-million-pound deal awaiting approval from one final regulator before it can go ahead.
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NewsSupreme Court’s sex shop ruling good news for SRA
Supreme Court keeps case open but establishes principle that regulatory authorities can spend fees more widely.
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NewsSolicitor among the first bar entities authorised
Mark Johnson cites 'proportionate’ level of regulation as factor in moving away from SRA regime.