Law firm closures up again after surge in rule breaches – Legal Futures

‘The number of law firms closed by the Solicitors Regulation Authority (SRA) rose by 35% last year to 50, it has emerged.’

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Legal Futures, 15th August 2018

Source: www.legalfutures.co.uk

SRA outlines new concerns around holiday sickness claims – Legal Futures

‘More types of poor conduct by claimant solicitors in the holiday sickness market have been uncovered, their regulator has warned.’

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Legal Futures, 10th August 2018

Source: www.legalfutures.co.uk

“Off-Plan” Investment Schemes: Equitable Compensation – Hardwicke Chambers

‘The SRA has issued warning notices[1] to solicitors regarding whether they should act and how they should act towards their clients in relation to purported transactions concerning investment schemes. However, for many the warning will have come too late since many investors have previously parted with deposits (in some cases amounting to the client’s life savings) in return for worthless insurance bonds and unsecured interests in land or property which are also found to be worthless when the developer defaults on the development and becomes insolvent.’

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Hardwicke Chambers, 12th July 2018

Source: www.hardwicke.co.uk

SRA seeks to clarify threshold for reporting misconduct – Legal Futures

‘The Solicitors Regulation Authority (SRA) is looking to clarify the threshold used by law firms when deciding whether to report concerns over misconduct.’

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Legal Futures, 2nd August 2018

Source: www.legalfutures.co.uk

Time to play by the rules? – New Law Journal

‘John Gould offers some advice on how to strike a balance between clarity & flexibility in recent changes to the solicitors’ rule book.’

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New Law Journal, 27th July 2018

Source: www.newlawjournal.co.uk

Steep rise in law firm closures and Compensation Fund payouts – Legal Futures

‘The number of law firms shut by the Solicitors Regulation Authority (SRA) increased by more than a third last year from 37 to 50, figures from the regulator’s annual review have shown.’

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Legal Futures, 24th April 2018

Source: www.legalfutures.co.uk

Big firms share LGBT knowledge in SRA mentoring scheme – Legal Futures

‘Small and medium-sized law firms will get free help and advice from some of the biggest firms in the country on how to become more inclusive employers under a pilot scheme launched this month by the Solicitors Regulation Authority (SRA).’

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Legal Futures, 24th April 2018

Source: www.legalfutures.co.uk

Ethics expert calls on SRA to take tougher approach to NDAs – Legal Futures

‘The Solicitors Regulation Authority (SRA) needs to take a tougher approach to non-disclosure agreements (NDAs), a leading legal ethics expert has told MPs.’

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Legal Futures, 19th April 2018

Source: www.legalfutures.co.uk

SRA warning over sexual misconduct NDAs “put solicitors in difficult position” – Legal Futures

‘The Solicitors Regulation Authority’s warning about using non-disclosure agreements (NDAs) in cases of sexual harassment puts solicitors in a difficult position and may even discourage reporting, it has been claimed.’

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Legal Futures, 19th March 2018

Source: www.legalfutures.co.uk

Integrity is ‘more than mere honesty’ CoA tells solicitors – Law Society’s Gazette

‘Dishonesty and lack of integrity cannot be treated as synonymous for the purposes of assessing a solicitor’s conduct, the Court of Appeal has ruled.’

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Law Society's Gazette, 8th March 2018

Source: www.lawgazette.co.uk

Cry freedom: SRA wants to become separate legal entity from Law Society – Legal Futures

‘Legal regulators have urged the Legal Services Board (LSB) to use its review of the internal governance rules (IGR) to give them greater independence from their representative bodies.’

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Legal Futures, 16th February 2018

Source: www.legalfutures.co.uk

Court of Protection: SRA regulation allows for immediate approval of trust corporations – Legal Futures

Posted February 13th, 2018 in Court of Protection, news, Solicitors Regulation Authority, trusts by sally

‘Trust corporations wanting to act as property and affairs deputies for incapacitated people must be regulated by the Solicitors Regulation Authority (SRA) to gain immediate approval, the Court of Protection (CoP) has ruled.’

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Legal Futures, 12th February 2018

Source: www.legalfutures.co.uk

High Court: SRA should have held oral hearing before deciding not to admit would-be solicitor – Legal Futures

‘The High Court has ordered the Solicitors Regulation Authority (SRA) to make a fresh judgment of a would-be solicitor’s character and suitability to join the profession after finding that it had wrongly denied her an oral hearing to explain an issue that it decided showed dishonesty.’

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Legal Futures, 12th February 2018

Source: www.legalfutures.co.uk

Exclusive: Solicitors choose “practical and proportionate” BSB regulation in ABS first – Legal Futures

‘Solicitors setting up an alternative business structure (ABS) this month in Marlborough, Wiltshire, have chosen to be regulated by the Bar Standards Board (BSB).’

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Legal Futures, 12th January 2018

Source: www.legalfutures.co.uk

SDT orders solicitor who failed to overturn £2,000 fine to pay £54,000 in costs – Legal Futures

‘The Solicitors Disciplinary Tribunal (SDT) has ordered a solicitor who tried to overturn a fine of £2,000 from the Solicitors Regulation Authority (SRA) to pay £54,000 in costs following her unsuccessful appeal.’

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Legal Futuresm 9th January 2018

Source: www.legalfutures.co.uk

Consumer panel warns SRA that latest Handbook reforms are recipe for “consumer confusion” – Legal Futures

‘The Legal Services Consumer Panel (LSCP) has warned that the second phase of reforms to the Solicitors Regulation Authority (SRA) Handbook would “compound existing complexities” and could further confuse consumers.’

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Legal Futures, 9th January 2018

Source: www.legalfutures.co.uk

SRA ponders penalties for failure to publish complaints data – Law Society’s Gazette

‘The Solicitors Regulation Authority has indicated that firms are to face disciplinary action if they do not abide by a potential requirement to publish data about complaints they receive – as research reveals that more than 90% of consumers want to see more transparency.’

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Law Society's Gazette, 14th December 2017

Source: www.lawgazette.co.uk

Tribunal berates “careless and disrespectful approach” of SRA and solicitors it was prosecuting – Legal Futures

‘The Solicitors Disciplinary Tribunal (SDT) has criticised both the Solicitors Regulation Authority and two former directors of a Preston law firm for their “careless and disrespectful approach” in applying for approval of an ‘agreed outcome’ only a day before their hearing.’

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Legal Futures, 29th November 2017

Source: www.legalfutures.co.uk

SDT issues unprecedented rebuke of SRA over Locke Lord case comments – Legal Futures

Posted November 13th, 2017 in fines, law firms, media, news, privacy, Solicitors Regulation Authority, tribunals by tracey

‘The Solicitors Disciplinary Tribunal (SDT) has made unprecedented public criticism of the Solicitors Regulation Authority over how it presented last week’s decision to fine US law firm Locke Lord a record £500,000.’

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Legal Futures, 13th November 2017

Source: www.legalfutures.co.uk

Regulators can be taken to employment tribunals, Supreme Court rules – Law Society’s Gazette

‘Solicitors claiming wrongful dismissal can potentially hold the Solicitors Regulation Authority to account in the employment tribunal following a Supreme Court judgment which clarifies rules on bringing complaints against qualifications bodies. The long-running case Michalak v General Medical Council and others centred on a discrimination complaint brought against the medical regulator by Dr Ewa Michalak. The SRA intervened in support of the GMC.’

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Law Society's Gazette, 3rd November 2017

Source: www.lawgazette.co.uk