‘In this recent case, in which I acted for the applicant, the SDT lifted an indefinite suspension after over 12 years, despite opposition from the SRA. The SDT’s judgment is an important example of the practical application of the Tribunal’s guidance in such cases.’
2 Hare Court, 18th December 2024
Source: www.2harecourt.com
‘Too many solicitors only check their professional obligations when things go wrong and are over-reliant on their firm’s compliance officer for legal practice (COLP) to keep on top of regulatory issues, according to Solicitors Regulation Authority (SRA) research.’
Legal Futures, 16th December 2024
Source: www.legalfutures.co.uk
‘The High Court has taken the almost unprecedented step of withdrawing a notice of intervention into a law firm issued by the Solicitors Regulation Authority (SRA).’
Legal Futures, 28th November 2024
Source: www.legalfutures.co.uk
‘Legal advice given by in-house lawyers will, under English law, attract privilege in the same way as legal advice given by any other lawyers, but there are certain issues in-house lawyers should pay particular attention to when considering legal professional privilege, according to new guidance by the Solicitors Regulation Authority (SRA).’
OUT-LAW.com, 22nd November 2024
Source: www.pinsentmasons.com
‘A judge’s comments on the lack of recourse against an unregulated costs draftsman should focus minds on this hole in legal regulation, the Association of Costs Lawyers (ACL) has argued.’
Legal Futures, 20th November 2024
Source: www.legalfutures.co.uk
‘Small law firms have embraced artificial intelligence (AI), with document drafting or automation the most popular application, according to new research.’
Legal Futures, 7th November 2024
Source: www.legalfutures.co.uk
‘A small firm which failed to have in place a compliance officer for three years and missed transparency requirements two years ago has been fined more than £20,000.’
Law Society's Gazette, 7th November 2024
Source: www.lawgazette.co.uk
‘The leaders of the Solicitors Regulation Authority (SRA) yesterday refused to apologise to the profession about the Axiom Ince collapse as they dismissed the report criticising its actions as just opinion.’
BBC news, 6th November 2024
Source: www.legalfutures.co.uk
‘Many law firms treat anti-money laundering (AML) training as a “tick-box exercise”, the Solicitors Regulation Authority (SRA) has found.’
Legal Futures, 5th November 2024
Source: www.legalfutures.co.uk
‘The solicitors’ regulator is to face unprecedented enforcement action under the Legal Services Act following the discovery of a catalogue of failures in its handling of the 2023 collapse of law firm Axiom Ince.’
Law Society's Gazette, 29th October 2024
Source: www.lawgazette.co.uk
‘The Carson McDowell review into the regulatory events leading up to the Solicitors Regulation Authority’s intervention into Axiom Ince culminates with four pages of recommendations.’
Law Society's Gazette, 29th October 2024
Source: www.lawgazette.co.uk
‘The Solicitors Regulation Authority (SRA) has sanctioned 470 law firms in the past 18 months over failures to comply with its transparency rules.’
Legal Futures, 1st October 2024
Source: www.legalfutures.co.uk
‘The courts has consistently maintained that in order to ensure that Regulators maintain their statutory obligation to protect the public, costs should not simply be awarded against them unless specific circumstances apply. In the recent judgment of Solicitors’ Regulatory Authority v Tsang Eyre J reviewed the relevant authorities and once again confirmed the position.’
2 Hare Court, 9th September 2024
Source: www.2harecourt.com
‘The sentencing of seven people involved in a money laundering network via Chinese underground banking is a valuable reminder to solicitors of its risks, the Solicitors Regulation Authority (SRA) has said.’
Legal Futures, 30th August 2024
Source: www.legalfutures.co.uk
‘A partner who acted for both sides of a property transaction where there was a conflict of interest has been fined by the Solicitors Regulation Authority (SRA).’
Legal Futures, 28th August 2024
Source: www.legalfutures.co.uk
‘A property law firm in Manchester has been handed a fine of nearly £22,000 for failures in anti-money laundering (AML) procedures, towards the top end of the Solicitors Regulation Authority’s (SRA) powers.’
Legal Futures, 14th August 2024
Source: www.legalfutures.co.uk
‘The Solicitors Regulation Authority has imposed one of its biggest fines against a law firm after another case where anti money-laundering measures were not up to scratch.’
Law Society's Gazette, 12th August 2024
Source: www.lawgazette.co.uk
© Inner Temple Library 2024