SRA warns solicitors over ‘deepfake’ clients and vendor fraud – Legal Futures

‘The Solicitors Regulation Authority (SRA) has warned lawyers who rely on video calls to identify clients of the risks posed by “deepfake” technology.’

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Legal Futures, 12th March 2024

Source: www.legalfutures.co.uk

SDT dismisses case against Dentons as SRA left with costs bill – Law Society’s Gazette

‘The solicitors’ regulator has suffered a major setback with its prosecution of the world’s biggest firm amounting effectively to nothing.’

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Law Society's Gazette, 11th March 2024

Source: www.lawgazette.co.uk

Three-partner firm slapped with £23k fine for AML oversights – Law Society’s Gazette

‘A firm operating from two small offices in the south west has been hit with a £23,000 fine for failing to comply with money laundering regulations.’

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Law Society's Gazette, 4th March 2024

Source: www.lawgazette.co.uk

SDT rules that solicitor posted antisemitic tweets – Legal Futures

‘The Solicitors Disciplinary Tribunal (SDT) yesterday upheld allegations that a solicitor published antisemitic and offensive posts on social media and also abused Solicitors Regulation Authority (SRA) staff.’

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Legal Futures, 21st February 2024

Source: www.legalfutures.co.uk

Future of compensation fund in question as SRA begins consumer review – Law Society’s Gazette

‘The vexed question of how to protect the public without unfairly burdening regulated solicitors is at the centre of a review of consumer protection announced by the Solicitors Regulation Authority today.’

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Law Society's Gazette, 5th February 2024

Source: www.lawgazette.co.uk

SRA issues first fixed penalty fine for compliance officer rule breach – Legal Futures

‘A law firm in the North-East has become the first to receive a fixed penalty fine for not updating the Solicitors Regulation Authority (SRA) on information about a compliance officer.’

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Legal Futures, 12th January 2024

Source: www.legalfutures.co.uk

SRA: No plans to act yet on Post Office scandal lawyers – Legal Futures

‘The Solicitors Regulation Authority (SRA) could take action against solicitors over misconduct in the Post Office scandal before the public inquiry ends but has yet to see evidence that requires it.’

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Legal Futures, 10th January 2024

Source: www.legalfutures.co.uk

SRA issues first fixed penalty fine for diversity data failure – Legal Futures

‘The Solicitors Regulation Authority (SRA) has handed out the first fixed penalty fine for a law firm’s failure to submit its workforce diversity data within the deadline.’

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Legal Futures, 3rd January 2024

Source: www.legalfutures.co.uk

SRA admits it has “a long way to go” on diversity – Legal Futures

‘The Solicitors Regulation Authority (SRA) still has “a long way to go” on diversity, its chief executive has said – although its gender and ethnicity pay gaps are shrinking.’

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Legal Futures, 13th December 2023

Source: www.legalfutures.co.uk

“Shamelessness” of SLAPPs has grown “but still no disciplinary action” – Legal Futures

‘The number and “shamelessness” of SLAPPs has grown but there has been no disciplinary action taken against the lawyers responsible for how they are run, a major conference was told yesterday.’

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Legal Futures, 28th November 2023

Source: www.legalfutures.co.uk

Leading firm fined £101,000 for anti-money laundering failures – Legal Futures

Posted November 27th, 2023 in fines, law firms, money laundering, news, solicitors, Solicitors Regulation Authority by tracey

‘A leading South-West law firm has been fined £101,357 for failing to act over money laundering red flags on three property transactions, two of which may have involved a sanctioned entity.’

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Legal Futures, 27th November 2023

Source: www.legalfutures.co.uk

Solicitors Regulation Authority wins appeal against Solicitors Disciplinary Tribunal costs order – Law Society’s Gazette

‘A judge has overruled the Solicitors Disciplinary Tribunal’s decision to slash the Solicitors Regulation Authority’s costs claim in a strike-off case. The regulator had sought £22,800 in the case last January but the tribunal awarded only £5,000.’

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Law Society's Gazette, 27th November 2023

Source: www.lawgazette.co.uk

Consolidation of legal regulators “may be a good thing” – Legal Futures

‘Consolidation of legal regulators “may be a good thing” if designed to achieve “the pulling together of knowledge, lessons, consumer research and engagement”, the Legal Services Consumer Panel has said.’

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Legal Futures, 22nd November 2023

Source: www.legalfutures.co.uk

SRA issues report on opportunities and risks of AI – Local Government Lawyer

‘The Solicitors Regulation Authority has set out its views on the opportunities – and risks – presented by artificial intelligence (AI).’

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Local Government Lawyer, 21st November 2023

Source: www.localgovernmentlawyer.co.uk

SRA appeals ‘astonishing’ £5,000 tribunal costs order – Law Society’s Gazette

‘A Solicitors Disciplinary Tribunal costs order of £5,000 was appealed today in the first such challenge by the Solicitors Regulation Authority. Describing the order as ‘astonishing’, the SRA said the correct figure should have been £18,500.’

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Law Society's Gazette, 9th November 2023

Source: www.lawgazette.co.uk

SRA fines law firm £45,000 for how it ran financial mis-selling claims – Legal Futures

Posted October 2nd, 2023 in banking, complaints, fines, law firms, news, Solicitors Regulation Authority by sally

‘The Solicitors Regulation Authority (SRA) has slapped a law firm with a £45,000 fine for multiple failures in its conduct of financial mis-selling claims.’

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Legal Futures, 2nd October 2023

Source: www.legalfutures.co.uk

Law Society and SRA win approval for 11.5% jump in cost of practising – Legal Futures

Posted September 7th, 2023 in budgets, fees, law firms, news, solicitors, Solicitors Regulation Authority by sally

‘Individual solicitors and their firms will be paying an extra £13.2m to be regulated and represented in the coming year, the Legal Services Board (LSB) has confirmed.’

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Legal Futures, 7th September 2023

Source: www.legalfutures.co.uk

SRA told to pay solicitor £75k in costs for failed prosecution – Legal Futures

‘The Solicitors Regulation Authority (SRA) has been slapped with a £75,000 costs order after making an “essential mistake of law” in a failed prosecution of a solicitor.’

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Legal Futures, 31st August 2023

Source: www.legalfutures.co.uk

Watchdog shuts three solicitors firms accused in asylum sting – The Guardian

‘Three law firms in England accused of wrongdoing in dealing with asylum applications have been shut down by the solicitors’ watchdog.’

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The Guardian, 31st July 2023

Source: www.theguardian.com

Misconduct: ‘No simple explanation’ for race bias in complaints – Law Society’s Gazette

‘”Socio-cognitive biases” could account for the over-representation of Black, Asian and minority ethnic solicitors in complaints about potential misconduct raised with the Solicitors Regulation Authority.’

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Law Society's Gazette, 23rd June 2023

Source: www.lawgazette.co.uk