Number of SRA investigations into SLAPPs continues to rise – Legal Futures

‘The number of law firms being investigated for possible misconduct relating to strategic lawsuits against public participation (SLAPPs) has doubled since the summer to 40, the chief executive of the Solicitors Regulation Authority (SRA) revealed yesterday.’

Full Story

Legal Futures, 25th January 2023

Source: www.legalfutures.co.uk

Firm handed largest-ever fine for transparency rules non-compliance – Legal Futures

Posted January 20th, 2023 in fines, law firms, news, solicitors, Solicitors Regulation Authority by tracey

‘The Solicitors Regulation Authority (SRA) has fined a law firm that did not comply with its transparency rules £3,500, the highest penalty it has issued for the offence.’

Full Story

Legal Futures, 20th January 2023

Source: www.legalfutures.co.uk

Government to give SRA power to demand more information from firms – Legal Futures

Posted January 19th, 2023 in bills, law firms, news, Solicitors Regulation Authority by tracey

‘The government is to extend the Solicitors Regulation Authority’s (SRA) powers to demand information from solicitors and firms beyond money laundering matters to economic crime more generally.’

Full Story

Legal Futures, 19th January 2023

Source: www.legalfutures.co.uk

SRA imposes record £20,000 fine for AML failings – Law Society’s Gazette

Posted January 19th, 2023 in fines, law firms, money laundering, news, Solicitors Regulation Authority by tracey

‘The Solicitors Regulation Authority has fined a firm a record £20,000 for failing to have anti-money laundering training and systems in place.’

Full Story

Law Society’s Gazette, 18th January 2023

Source: www.lawgazette.co.uk

LawtechUK: Regulatory risks of AI “inhibiting law firm adoption” – Legal Futures

‘Hesitation about adopting artificial intelligence (AI) by law firms nervous of the risks presented by a regulatory grey area is causing a bottleneck that needs to be cleared, according to LawtechUK.’

Full Story

Legal Futures, 18th January 2023

Source: www.legalfutures.co.uk

Law firm fined record £20,000 for “reckless” AML breaches – Legal Futures

‘The Solicitors Regulation Authority (SRA) has fined an Oxfordshire law firm £20,000 after finding it “reckless” in failing to comply with the anti-money laundering (AML) requirements.’

Full Story

Legal Futures, 18th January 2023

Source: www.legalfutures.co.uk

SRA sanctioned for wrongly publishing trainee’s ban – Legal Futures

‘The Solicitors Regulation Authority (SRA) has been sanctioned in costs after prematurely stating on its website that it had banned a former trainee solicitor from working for law firms.’

Full Story

Legal Futures, 16th January 2023

Source: www.legalfutures.co.uk

SRA can enforce costs order against solicitor struck off in 2010 – Legal Futures

‘The Solicitors Regulation Authority (SRA) can enforce a £15,000 costs order against a struck-off solicitor more than 12 years after it was made, the Solicitors Disciplinary Tribunal (SDT) has ruled.’

Full Story

Legal Futures, 6th January 2023

Source: www.legalfutures.co.uk

SRA to step up action over non-compliance with transparency rules – Legal Futures

‘The Solicitors Regulation Authority (SRA) is to take a “more robust approach” to enforcing its transparency rules after its latest work indicated widespread non-compliance.’

Full Story

Legal Futures, 20th December 2022

Source: www.legalfutures.co.uk

BSB mulls SLAPPs guidance as Zahawi’s solicitors are referred to SRA – Legal Futures

‘The Bar Standards Board (BSB) is considering following the Solicitors Regulation Authority (SRA) in issuing guidance on strategic lawsuits against public participation (SLAPPs).’

Full Story

Legal Futures, 5th December 2022

Source: www.legalfutures.co.uk

One for all: SRA regulation for staff – Kingsley Napley Employment Law Blog

‘All those who work in law firms, not just lawyers, are liable to sanction by both their employer and the SRA for acts of misconduct…’

Full Story

Kingsley Napley Employment Law Blog, 29th November 2022

Source: www.kingsleynapley.co.uk

MPs back tougher economic crime fines and oversight for lawyers – Legal Futures

‘MPs have backed giving the Solicitors Regulation Authority (SRA) unlimited fining powers in cases of economic crime.’

Full Story

Legal Futures, 24th November 2022

Source: www.legalfutures.co.uk

Junior lawyers won’t have to ‘turn in’ bullying workmates – Law Society’s Gazette

‘Junior lawyers will be exempt from a new professional obligation to report on anyone mistreating colleagues in the workplace, following a rethink by the Solicitors Regulation Authority. However, proposed changes to conduct rules that will give the regulator more scope to clamp down on bullying, harassment or discrimination have otherwise got the go-ahead.’

Full Story

Law Society's Gazette, 3rd November 2022

Source: www.lawgazette.co.uk

SRA “should police anti-money laundering across UK legal sector” – Legal Futures

‘A Solicitors Regulation Authority (SRA) with “beefed up” powers should be the single body policing money laundering across the UK legal sector, a report has recommended.’

Full Story

Legal Futures, 18th October 2022

Source: www.legalfutures.co.uk

Incorrect precedent led to wrong ground rent advice for 115 clients – Legal Futures

‘A solicitor who gave 115 clients the wrong advice about the ground rent provisions in the leases of properties they were buying – because of an incorrect precedent – has been fined £15,000.’

Full Story

Legal Futures, 10th October 2022

Source: www.legalfutures.co.uk

SRA fines firm with “failing” anti-money laundering controls – Legal Futures

Posted September 28th, 2022 in fines, law firms, money laundering, news, solicitors, Solicitors Regulation Authority by sally

‘A law firm with a “failing” anti-money laundering (AML) control environment, leading to multiple rule breaches, has been fined £2,000 by the Solicitors Regulation Authority (SRA).’

Full Story

Legal Futures, 27th September 2022

Source: www.legalfutures.co.uk

Unbundling has potential to improve access to justice – and clients – Legal Futures

Posted September 14th, 2022 in law firms, legal services, news, solicitors, Solicitors Regulation Authority by tracey

‘Unbundling has the potential to increase access to justice and help firms attract new clients, but awareness among lawyers and consumers is low, research by the Solicitors Regulation Authority (SRA) has found.’

Full Story

Legal Futures, 14th September 2022

Source: www.legalfutures.co.uk

Convictions for peaceful protests “should not lead to regulatory action” – Legal Futures

‘The Solicitors Regulation Authority (SRA) is unlikely to take action against solicitors convicted in exercising their right to protest where no significant harm has been caused, it said yesterday.’

Full Story

Legal Futures, 2nd September 2022

Source: www.legalfutures.co.uk

NEWS Flirting, banter and plying with drink: SRA sets out detailed sexual misconduct guidance – Law Society’s Gazette

‘The Solicitors Regulation Authority today set out in granular detail what will or may constitute sexual misconduct by solicitors, after a surge of complaints in the past five years.’

Full guidance

Full Story

Law Society's Gazette, 1st September 2022

Source: www.lawgazette.co.uk

High Court rejects challenge to SDT case management decisions – Legal Futures

‘The Solicitors Disciplinary Tribunal (SDT) was right not to order the Solicitors Regulation Authority (SRA) to seek information from the BBC on behalf of a solicitor facing prosecution, the High Court has ruled.’

Full Story

Legal Futures, 15th August 2022

Source: www.legalfutures.co.uk