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SRA denies abuse of process to discipline fraud victim (LSG)

The Solicitors Regulation Authority has rejected pleas that it would be an abuse of process to prosecute a solicitor who has already been successfully pursued in the High Court.

Rob Hailstone March 14, 2017

Stamp duty surcharge rakes in twice as much revenue as expected (PIE)

The government has admitted that the three per cent stamp duty surcharge has raked in twice as much as expected.

Rob Hailstone March 14, 2017

Clients are drawn to the advice more than the adviser, says Susskind (LF)

The days of lawyers as trusted advisers are numbered because their a reliable outcome to their issue is more important to clients than a relationship with their lawyer, Professor Richard

Rob Hailstone March 14, 2017

SRA decision to hold board meetings in private “may breach Legal Services Act” (LF)

The decision by the Solicitors Regulation Authority to close its meetings to public and press scrutiny appears to be contrary to its obligations under the Legal Services Act 2007 (LSA),

Rob Hailstone March 14, 2017

51% of England’s new builds have ‘major faults’ (TC)

Recent research has revealed that over half of new home buyers have experienced problems with their properties. This follows Bovis Homes agreeing to pay compensation of £7m to customers who

Rob Hailstone March 10, 2017

SRA and transparency: ‘do as we say, not as we do’ (LSG)

The regulator is vulnerable to accusations of hypocrisy after shutting out the public and journalists.

Rob Hailstone March 10, 2017

Agents warned that new anti-money laundering requirements drawing nearer (PIE)

The 4th Money Laundering Directive is due to become law from June 26. Estate Agents are reminded that the clock is ticking towards a new anti-money laundering regime that will

Rob Hailstone March 9, 2017

SRA closes board meetings to public (LSG)

The Solicitors Regulation Authority has confirmed that it will no longer allow the public to attend board meetings.

Rob Hailstone March 9, 2017

Nearly 500 law firms targeted by fraudsters in new email scam (LSG)

Scammers have attempted to infiltrate the IT systems of hundreds of firms, the Solicitors Regulation Authority has reported.

Rob Hailstone March 9, 2017

Appeal court sends £4m solicitors’ negligence claim to trial (LF)

The Court of Appeal has overturned a ruling that gave a national law firm summary judgment in a case alleging that its negligence had caused a company to lose a

Rob Hailstone March 8, 2017

Regulator told PII reforms must not threaten trust in legal profession (LSG)

The Law Society and SRA were on opposing sides in 2014 when the SRA last tried to reduce minimum cover from £2m to £500,000. On that occasion, the plans were

Rob Hailstone March 8, 2017

Law Society attacks SRA’s “limited” indemnity insurance research, including failure to consider cybercrime (LF)

Research by the Solicitors Regulation Authority to support its plans to reform indemnity insurance has “clear limitations”, ignoring the recent increase in claims related to cybercrime among other failures, the

Rob Hailstone March 8, 2017