Employment can offer barristers more ethical protection – Legal Futures

Posted June 19th, 2024 in barristers, employment, law firms, news by sally

‘Being employed by companies or law firms can give barristers more protection when faced with ethical challenges than those in private practice, it has been suggested.’

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Legal Futures, 19th June 2024

Source: www.legalfutures.co.uk

One in four SME law firms yet to embrace SQE – Legal Futures

Posted June 18th, 2024 in examinations, law firms, news, solicitors by tracey

‘More than a quarter of SME law firms (27%) have not yet embraced the Solicitors Qualiying Exam (SQE), and nearly a half are not offering solicitor apprenticeships, research has found.’

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Legal Futures, 18th June 2024

Source: www.legalfutures.co.uk

Law firm fined for allowing COFA to steal £157,000 – Legal Futures

Posted June 18th, 2024 in client accounts, fines, fraud, law firms, news by tracey

‘A law firm whose compliance officer for finance and administration (COFA) stole £157,000 has been fined for not having proper systems governing payments from client account.’

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Legal Futures, 18th June 2024

Source: www.legalfutures.co.uk

Law firm moves staff to four-day week – Legal Futures

Posted June 18th, 2024 in law firms, news, remuneration, working time by tracey

‘A law firm with nearly 50 people specialising in family and commercial work has seen fee income rise after introducing a four-day week.’

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Legal Futures, 18th June 2024

Source: www.legalfutures.co.uk

Firm showed a ‘lackadaisical’ approach to breach of contract – Law Society’s Gazette

Posted June 17th, 2024 in contracts, costs, indemnities, law firms, news, solicitors, wasted costs orders by tracey

‘A Slough firm is facing a wasted costs order after it showed a “lackadaisical” approach to a breach of contract claim it was instructed in, a court has heard.’

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Law Society's Gazette, 17th June 2024

Source: www.lawgazette.co.uk

Law firm fails with defamation claim over Trustpilot reviews – Legal Futures

Posted June 14th, 2024 in causation, damages, defamation, law firms, news by sally

‘A law firm has failed in a defamation action over negative reviews about it on Trustpilot, with the High Court ruling that it could not prove they caused any financial loss.’

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Legal Futures, 14th June 2024

Source: www.legalfutures.co.uk

GenAI helps lawyers overcome ‘blank page syndrome’ – Legal Futures

Posted June 11th, 2024 in artificial intelligence, drafting, law firms, news, reports by tracey

‘Three-quarters of lawyers agree that using generative artificial intelligence (GenAI) helps them “get to a first draft quicker”, according to a report on trials run by a leading City law firm.’

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Legal Futures, 11th June 2024

Source: www.legalfutures.co.uk

Law firm fined £12,400 for not making good on undertakings – Legal Futures

Posted May 30th, 2024 in fines, land registration, law firms, mortgages, news, undertakings by tracey

‘A law firm in Nottingham that failed to perform undertakings it gave on two property transactions – allowing another party to register a charge on one of them – has been fined £12,400.’

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Legal Futures, 29th May 2024

Source: www.legalfutures.co.uk

Peers support widening SRA’s fining and investigative powers – Legal Futures

‘The Solicitors Regulation Authority (SRA) needs more powers to prevent misconduct by law firms involved in strategic litigation against public participation (SLAPPs), peers have urged.’

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Legal Futures, 15th May 2024

Source: www.legalfutures.co.uk

Alternative ways to practise as a solicitor have had “modest impact” – Legal Futures

Posted May 13th, 2024 in law firms, news, solicitors, Solicitors Regulation Authority, statistics by tracey

‘The options for solicitors to offer services to the public as freelancers or from unregulated businesses have had a “modest impact on consumer choice”, research for the Solicitors Regulation Authority (SRA) has found.’

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Legal Futures, 13th May 2024

Source: www.legalfutures.co.uk

SRA seeks power to launch “spot checks” of law firms – Legal Futures

‘The Solicitors Regulation Authority (SRA) has called for the power to launch “wide-sweeping inspections” of law firms without needing the trigger of a specific allegation of misconduct.’

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Legal Futures, 8th May 2024

Source: www.legalfutures.co.uk

SRA seeks power to launch “spot checks” of law firms – Legal Futures

‘The Solicitors Regulation Authority (SRA) has called for the power to launch “wide-sweeping inspections” of law firms without needing the trigger of a specific allegation of misconduct.’

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Legal Futures, 8th May 2024

Source: www.legalfutures.co.uk

Solicitors owed a duty to beneficiaries of an inter vivos trust: Lonsdale and ors v Wedlake Bell and ors [2024] EWHC 712 (KB) – Hailsham Chambers

Posted April 30th, 2024 in chambers articles, law firms, locus standi, negligence, news, striking out, trusts by sally

‘A firm of solicitors was instructed to act in relation to a trust of property, but negligently failed to give effect to the settlor’s intentions with the result that the trust failed to confer the intended benefit on the settlor’s children. Faced with a claim brought by the settlor, the trustees and the intended beneficiaries, the defendants1 sought to argue that all the claims should be struck out, on the basis that nobody other than the settlor had standing to sue, and his claim was statute barred. Martin Spencer J permitted all the claims to proceed. Most strikingly, he held that in his judgment, the solicitors owed the intended beneficiaries a direct duty of care. Accordingly, the judgment amounts to an open invitation to the court, at any subsequent trial of this or a similar claim, to dispense with the complexity that bedevils this area of the law and adopt a relatively straightforward route to a remedy for disappointed beneficiaries of irrevocable inter vivos trusts.’

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Hailsham Chambers, 16th April 2024

Source: www.hailshamchambers.com

Court allows firm to take £386k in fees from frozen client account – Legal Futures

Posted April 30th, 2024 in client accounts, debts, fees, freezing injunctions, law firms, news, third parties by tracey

‘A law firm can be paid from monies held in its client account despite them being subject to both a freezing order and a third-party debt order, the High Court has ruled.’

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Legal Futures, 30th April 2024

Source: www.legalfutures.co.uk

High Court concern over 10 law firms being sued in one action – Legal Futures

Posted April 23rd, 2024 in law firms, negligence, news, sale of land, striking out by sally

‘A High Court judge has used a case where 10 law firms are being sued to warn about “extreme attempts” to bring such claims in one action.’

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Legal Futures, 22nd April 2024

Source: www.legalfutures.co.uk

Court orders law firm and partners to repay loans from couple – Legal Futures

Posted April 23rd, 2024 in agreements, guarantees, law firms, loans, news by sally

‘The High Court has ruled that a law firm and four of its former partners must repay money borrowed under loan agreements with a husband and his wife.’

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Legal Futures, 23rd April 2024

Source: www.legalfutures.co.uk

SRA anti-money laundering blitz continues with £76k in fines – Legal Futures

‘The Solicitors Regulation Authority (SRA) blitz on breaches of anti-money laundering (AML) rules has continued, with more than £76,000 in fines handed out to a solicitor and four law firms.’

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Legal Futures, 22nd April 2024

Source: www.legalfutures.co.uk

Group action against law firm to go ahead with single claim form – Legal Futures

Posted April 19th, 2024 in civil procedure rules, class actions, law firms, negligence, news by sally

‘The Court of Appeal has allowed 134 claimants to start an action against a law firm with a single claim form, which their solicitor said will strengthen the trend for class actions in the UK.’

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Legal Futures, 19th April 2024

Source: www.legalfutures.co.uk

Jail for sex offender given access to child’s data by law firm’s error – Legal Futures

‘A convicted sex offender accidentally given access by a law firm to a vulnerable child’s confidential information has been jailed for six months for not complying with court orders to delete it.’

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Legal Futures, 16th April 2024

Source: www.legalfutures.co.uk

High Court throws out £110m claim against law firms – Legal Futures

Posted April 11th, 2024 in abuse of process, duty of care, law firms, news, striking out by sally

‘A businessman who brought a claim against two leading law firms, and also reported them and those representing them to the Solicitors Regulation Authority (SRA), has seen his case struck out.’

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Legal Futures, 11th April 2024

Source: www.legalfutures.co.uk