Pinsent Masons is not the only City law firm walking a dangerous AI tightrope Legal A junior lawyer at Pinsent Masons used AI to draft misleading emails for a High Court case, highlighting how generational attitudes and lack of training risk new mistakes as law firms rush to adopt new technology, writes Maria Ward-Brennan. It has been a slow burner, but we finally have the first notable UK law firm [...]
Lawyers say fee hikes punishes profession for regulator blunders Legal The legal watchdog plans to raise its funding by increasing lawyer fees to address past shortfalls, but the legal profession is frustrated, arguing they are being forced to pay for the regulator’s own failures and legacy issues, writes Maria Ward-Brennan. Lawyers are not chuffed at the regulator’s plan to increase its fees in the upcoming [...]
Regulator under pressure as solicitor misconduct reports soar nearly 30 per cent Legal Reports about solicitors’ misconduct have spiked by nearly 30 per cent in the past year, new data from the Solicitors’ Regulation Authority (SRA) has revealed. The watchdog, which regulates more than 200,000 solicitors in England and Wales and 9,000 law firms, said there is “a large increase” in misconduct reports and the number of investigations [...]
City watchdog eyes new laws for claimant firms accused of ‘harm’ May 6, 2026 The City watchdog has threatened enforcement action and new laws to impose “stronger compensation mechanisms” against the claims management market, including law firms that cause harm. The Financial Conduct Authority (FCA) has launched a fresh review of “the root causes of poor practices” across the market, as claims management companies and law firms come under [...]
Barristers that ‘failed in duties’ to face probe over Post Office scandal April 28, 2026 Barristers who ‘failed in their professional duties’ when representing the Post Office during the Horizon IT scandal will face potential disciplinary action, the watchdog has warned. The Bar Standards Board (BSB), which oversees more than 18,000 English and Welsh barristers, said it currently has ten live investigations into possible misconduct, which are “progressing”, and added [...]
Regulator struggles to tackle harassment and bullying at City law firms April 16, 2026 It won’t come as a shock to you that City law firms have long struggled with cultures of bullying and harassment, and the regulator is kept out of the loop, argues senior reporter Maria Ward-Brennan. The high-pressure demands placed on lawyers at City law firms have long bred cultures of bullying and harassment. In a [...]
‘Ambulance chasers’ in the crosshairs as claims industry faces scrutiny April 2, 2026 As London’s legal scene gets more litigious, creeping closer to the American ‘sue everything’ culture, so-called ambulance chasing claims firms are starting to appear in the headlines – for the wrong reasons. The Financial Conduct Authority (FCA)’s chief executive, Nikhil Rathi, has been critical of claims management companies (CMC) or similarly specialised law firms throughout [...]
City watchdog accused of ‘massive overreach’ in motor finance clampdown October 28, 2025 The Financial Conduct Authority (FCA) has been accused of a “massive overreach” following letters sent to law firms and claims management companies (CMCs) requesting batches of information under the new Digital Markets, Competition and Consumers law. The FCA sent letters in August, seen by City AM, requesting information on the law firms’ motor finance services, [...]
Legal sector feeling subdued as regulator loses its AML powers October 23, 2025 The Treasury’s decision to transfer oversight of anti-money laundering and counter-terrorism financing supervision to the FCA has sparked concerns within the professional services sector. The Solicitors Regulation Authority (SRA) served as a Professional Body Supervisor (PBS) for AMLCT for law firms across England and Wales, while for the accountancy sector, the HMRC plays the supervision [...]
FCA to take control of anti-money laundering supervision of professional service firms in major reform October 21, 2025 The government’s reform of anti-money laundering and counter-terrorism financing supervision will significantly change and diminish the roles of the legal regulator and HMRC. Today, the Treasury revealed the outcome of its consultation on reforming anti-money laundering and counter-terrorism financing supervision, primarily for professional services, by creating a Single Professional Services Supervisor (SPSS), with the Financial [...]