UK Regulation

Lawyers Urged to Address Ethics Failures After Scandals

By Marialuisa Taddia

Legal professionals should receive career-long ethics training to help repair the reputational hit the sector took after the U.K. Post Office Horizon scandal and other unethical practices, the House of Lords said in a report published Thursday.

Legal Watchdog Pushes For Hub To Flag Troubled Firms Early

By Marialuisa Taddia

A leading legal consumer advocate called Wednesday for the creation of a centralized hub to pool all warning signs about solicitors' firms — from complaints and inspection findings to whistleblower reports — to prevent another collapse like that of SSB Group Ltd.

Watchdog OKs Stand-Alone Litigation Rights For Legal Execs

By Ashish Sareen

The Legal Services Board said Monday that it has approved an application from the Chartered Institute of Legal Executives Ltd. to authorize the executives to have stand-alone litigation practice rights, after a recent court ruling railed concerns among law firms about the legality of delegating litigation work to nonqualified employees.

LSB Reveals Scope Of Mazur Regulatory Advice Review

By William Janes

England's legal oversight regulator has revealed that its review of watchdogs after the High Court ruling on Mazur will investigate whether their guidance about who could conduct litigation had an "adverse impact on the regulatory objectives."

Ex-SRA Execs Launch Global Legal Strategy Consultancy

By Marialuisa Taddia

Two former executives at the Solicitors Regulation Authority have teamed up to launch a transatlantic consultancy advising law firms, investors and regulators on boosting capital investment in the legal sector, with backing from U.K. law firm Kingsley Napley.

UK Solicitors Split On Holding Client Money, Survey Finds

By Marialuisa Taddia

Solicitors are almost evenly split on whether law firms should continue holding client money, a report published Wednesday has found, as the Solicitors Regulation Authority prepares to consult further on safeguarding funds under the current system following the collapse of Axiom Ince.

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