Legal Services

The number of law firms shut down by the Solicitors Regulation Authority (SRA) fell to a 10-year low in 2018, but payouts to victims of dishonest solicitors have increased, new figures have shown.

https://www.legalfutures.co.uk/latest-news/number-of-law-firms-shut-down-falls-to-10-year-low

The Law Society receives around £30m each year from the practising certificate and turnover fees paid by each solicitor and regulated legal business. This money is used to fund the trade association activities that the Law Society focuses on.

https://www.legalfutures.co.uk/blog/whats-the-point-of-the-law-society

The High Court has thrown out a claim that two law firms and three solicitors were responsible for two allegedly fraudulent transfers of a property.

The chief executive of a high-profile law firm was not fired because he blew the whistle on financial problems at the practice, an employment tribunal has ruled.

Birmingham Law Society has appointed what is believed to be its youngest president in the association's 200-year history.

Leading academics at University College London (UCL) have clashed with the Law Society over a proposal by the Financial Conduct Authority (FCA) to exclude heads of legal from its new framework for individual accountability in the finance sector.

https://www.legalfutures.co.uk/latest-news/academics-and-law-society-clash-over-in-house-accountabillity

A solicitor who recklessly facilitated a “dubious transaction” involving an Islamic community centre has been fined £20,000 and given a suspended suspension.

The Solicitors Disciplinary Tribunal (SDT) is to move from the criminal to the civil standard of proof and rejected suggestions that this will result in “easier prosecutions”.

A solicitor’s conviction for illegally subletting his council flat has been upheld after he lost his appeal against a suspended jail sentence.

https://www.legalfutures.co.uk/latest-news/solicitor-convicted-of-subletting-council-home

The Solicitors Regulation Authority (SRA) confirmed today that it is prosecuting MP Fiona Onasanya after she was convicted of perverting the course of justice by lying about a speeding offence.

https://www.legalfutures.co.uk/latest-news/convicted-solicitor-mp-to-face-disciplinary-tribunal