Legal regulator sets out ‘excessive’ fee hikes to boost drained industry fund May 29, 2024 The legal regulator wants to increase law firm fees by 236 per cent in order to rebuild the sector's compensation fund after it was significantly impacted over the last year
Legal regulator prepares to recover costs from boss of collapsed firm Axiom Ince May 22, 2024 The UK's legal regulator is preparing to recover funds from the boss of collapsed law firm Axiom Ince, according to new court filings.
Axiom Ince: Court green lights bankruptcy order against disgraced lawyer May 20, 2024 The court approves a £1.07m bankruptcy order against the former boss of disgrace Axiom Ince Pragnesh Modhwadia over failing to make payments for the law firm he acquired last year
UK’s legal sector needs to improve its cybersecurity, say experts May 18, 2024 One in ten data breaches over 2023 were in the UK legal sector as law firms are attractive targets for cybercriminals, experts say the sector needs better cybersecurity
Nadhim Zahawi’s lawyer from Osborne Clarke referred to disciplinary tribunal May 13, 2024 Nadhim Zahawi's lawyer from Osborne Clarke who made headlines after threatening Dan Neidle with libel now faces a Disciplinary Tribunal
Non-financial misconduct: Will the FCA take a leaf out of the legal regulator’s book? May 3, 2024 All eyes are on the FCA's non-financial misconduct rules, but they may be a copy of the legal regulator rules, which is notorious for being strict
Axiom Ince: Former boss of disgraced law firm faces bankruptcy petition April 23, 2024 The former boss of disgraced law firm Axiom Ince, where over £60m of client money went missing, now faces a bankruptcy petition
Former Deloitte lawyer cleared by disciplinary tribunal April 12, 2024 Following the conclusion of the case, the Tribunal found that the allegations against him were not proven.
Tribunal dismisses anti-money laundering case against Dentons March 11, 2024 The Solicitors Disciplinary Tribunal has dismissed an anti-money laundering claim against law firm Dentons. Dentons was at trial last week after the legal regulator Solicitors Regulation Authority referred the firm to the Tribunal. The SRA said the firm failed when acting for a politically exposed person (PEP) to take adequate measures to establish his source [...]
IWD: Women are still missing from top roles at law firms, but times are changing March 8, 2024 Women make up over half of lawyers working in law firms across England, yet, when it comes to partnership, that number is significantly lower.