News – Page 130
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SRA to introduce new in-house regulations next year
Plans outlined in regulator’s response to Legal Services Board paper on regulatory restrictions for in-house lawyers.
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Firms allowed to recruit university students in second year
Code amended to reflect ‘modern practices’ after it found previous rules only ‘artificially’ protected students.
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New insurer enters PII market aiming for specialist firms
Pelican Underwriting Management Ltd will offer £5m limits and initially target firms with one to five partners.
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Firms under scrutiny over anti-money laundering
Reports about potential breaches of anti-money laundering rules continue to rise, with 184 in the last year.
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Solicitors ‘in denial’ about threat from accountants
Analyst says 750 accountancy firms could join market to offer probate services.
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Firm fined for related business disclosure lapse
Freeman Harris referred clients to a medical-reporting company owned by a partner.
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Slater and Gordon shares dip as key Quindell contract set to end
Agreement with insurance giant set to finish later this year, Slaters says in surprise announcement.
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‘Draconian’ sanctions based on Mitchell are overturned
Court of Appeal has overturned a decision to impose heavy sanctions on a law firm for missing cost deadlines.
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Bar takes aim at solicitors in family court advocacy
Two principal branches of the profession clashed last week after the bar called for a review of advocacy in family law.
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Police issue referral fee fraud warning
Nine people interviewed this month over suspected bogus whiplash claims.
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Sexism still rampant in the ‘children’s playground’ of the bar
Bar Council report reveals ‘grossly disrespectful’ comments by male barristers in the ‘secret world’ of the bar.
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Early conciliation cuts employment tribunal cases in half
Statistics from Acas show that 73% of those involved in employment disputes have progressed to conciliation.
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New family court opens in push to encourage ADR
The designated family judge for London behind the initiative says there was a need for the court ‘to provide more than just a trial process’.
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Trowers profits down on modest revenue rise
International net profits plummet from £2.5m to £100,000.
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Gender equality at the bar ‘will never be reached’
Bar Council finds that the proportion of women called to the bar would need to be around 58% to achieve equality amongst practising barristers.
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Hong Kong bar stands up for lawyers held in China
Arrests could have a ‘chilling effect’ on mainland’s legal profession, former chairs of the Hong Kong Bar Association warn.
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Separating couples ‘giving up on courts’ due to firm closures
Drop in private law cases reflects the large number of separating parents who have given up on courts, says Cafcass.
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Welsh government eyes more grants after £100,000 help for Cardiff firm
Investment to help South Wales firm Howells become top-five conveyancer.
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Super-regulator proposes ‘more discretionary’ approach to ABSs
Legal Services Board publishes collective response to government's call for deregulation proposals.
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Solicitor-advocates harming family justice – bar
The Bar Council and Family Law Bar Association have warned that the growing number of solicitors conducting family advocacy is causing a ‘risk of injustice’.