The SRA’s new thematic review into source of funds and wealth reveals both progress and persistent blind spots, with source-of-funds checks too often thought of as a procedural hurdle. The…
Katch Fund Solutions – which is funding consumer claims worth hundreds of millions of pounds – has put its litigation fund into liquidation, it has emerged. The post Top litigation…
Midlands law firm Wright Hassall held talks with 28 possible acquirers or merger partners over the course of a year before being sold in a pre-pack administration to one of…
Delays in the county courts are finally on the decline but they still comfortably exceed a year for anything but the small claims track, according to new figures. The post…
The government has gathered a group of leading figures in the law and business into the English Law Promotion Panel with the aim of “future-proofing” the UK legal sector. The…
The Solicitors Regulation Authority will be “sympathetic” towards self-reports from those who may have been operating incorrectly under the terms of the Mazur ruling. The post SRA will take “sympathetic”…
The managing partner of a fast-growing, employee-owned Yorkshire law firm says it is ready to expand outside the county after opening a 24th office. The post Law firm with 24…
A ban on referral fees and an increase in the small claims limit are among ideas floated yesterday by the government to curb “unscrupulous” behaviour in housing disrepair cases. The…
A City solicitor suspended for a year after a second police caution for possessing cocaine has had conditions on his return to practice removed. The post Conditions removed from work…
An estate agency has been praised for publicly disavowing future demands for referral fees, describing them as “the quiet scandal” in the industry. The post Estate agency praised for dropping…
The non-lawyer owner of a defunct law firm has been sentenced to 12 months’ imprisonment for contempt after she failed to comply with a freezing order obtained by its previous…
A solicitor who failed to spot red flags for potential fraud/money laundering while acting on two loans worth £464,000 has been fined £15,000. The post Solicitor fined for failing to…
A High Court master has explained how judicial mediation was able to resolve a dispute, where one of the sides was unable to afford a private mediation. The post Judicial…
A digital property pack which combines multiple sources of data into a “single source of truth” for conveyancers and others has won a government prize worth £50,000. The post Digital…
While SRA fines for AML have been climbing, many in the profession aren’t confident they will get any relief from the FCA, a body used to dealing with a highly…