All Regulation and compliance articles – Page 125
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NewsSRA proposes central exam for all trainees
The planned Solicitors Qualifying Exam aims to ensure consistent standards as more routes to qualification open up.
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NewsInsurance lawyers worried about effects of Osborne’s PI plans
Significant changes to the system for compensating victims of accidents ‘can have unintended consequences’.
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Barrister suspended for 18 months for acting without PC
Andrew Veen charged a lay client £3,500 plus VAT for a case despite not holding a practising certificate.
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Advice for small firms
The Solicitors Regulation Authority has updated its Risk Outlook and priority risks to take account of recent work on managing client relationships and diversity. A guide aimed specifically at small firms includes information about cybercrime and outlines the five most common types – email redirection, malware, vishing, phishing and mandate ...
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NewsSRA backs government ambition for independent regulators
Chair Enid Rowlands says the key to public confidence is independence and public accountability.
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News£2,000 SRA fine for first breach by solicitor of referral fee ban
Janet Cruise, sole practitioner of Merseyside firm Wolf Law Solicitors, admitted to paying £47,000 for 38 personal injury cases.
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NewsBar figures highlight dismal prospects for trainees
Even at the law school with the best record of getting students into chambers, almost three-quarters of them are still waiting to start a pupillage.
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NewsPII costs 'stopping firms switching regulator'
CILEx Regulation, established by the Chartered Institute of Legal Executives, said current PII rules load extra costs onto firms.
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NewsBar concerned by low uptake of entities
The Bar Standards Board expects to receive just £7,000 from entity regulation by the end of the year.
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NewsComplaints about lawyers tumble as LeO reviews name and shame
‘There is the sense of something getting better in the marketplace,’ Office for Legal Complaints chair tells lawyers.
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NewsTreasury’s regulation shakeup heralds new era for ‘Tesco law’
Consultation document proposes ‘fairer, more balanced regime’ to boost competition and cut ‘red tape’.
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NewsSRA promises new era of simplified regulation
Regulator promises ‘an end to the long and unwieldy handbook’.
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NewsSolicitor who juggled client accounts leaves profession
Clients were unaware that thousands of pounds were being withdrawn.
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OpinionRegulation will not keep competitors at bay
Law firms should seek to innovate to keep up with new competitors rather than focusing on defensive regulation.
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NewsGove ready to deregulate legal services market 'in the near future'
Justice secretary previously bemoaned the danger of regulators ‘falling over each other’s feet’.
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NewsConveyancers ‘abusing’ separate representation freedom – CLC chair
CLC to re-examine separate representation for conveyancing deals.
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NewsAppeal decision protects solicitor offering ‘unbundled’ advice
Solicitors do not have a broader duty of care when instructed on a limited retainer, judges rule in negligence case.
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NewsFresh ‘consensus’ on Indian legal market reform
Talks on liberalisation have progressed from ‘theoretical to more detailed’ discussions, source says.
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OpinionShould the SRA care if a lawyer smokes dope?
Why must the regulator go after solicitors who commit a minor offence in their private life?
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NewsFinancial regulator backs SRA consumer credit plans
The two bodies have been in talks for more than a year over how to handle consumer credit.