We have called for the Legal Services Board to reject the SRA's decision to burden the Compensation Fund with PII cover for uninsured firms.
The SRA has announced that firms will be able to nominate compliance officers for legal practice (COLPs) and compliance officers for finance and administration (COFAs) from 31 May.
A survey of 600 Law Society members indicates that the solicitors' professional indemnity insurance (PII) market has remained relatively stable between 2010 and 2011.
The government offered further concessions this week as the Legal Aid, Sentencing and Punishment of Offenders Bill returned to the House of Commons so that MPs could consider the eleven amendments made to the bill by peers.
Read our new practice note on litigants in person.
This pilot is initially for COLPs in top 100 firms and aims to enable practical interpretation of the Handbook.
A solicitor was found not to have made false declarations on the certificate of title despite failing to disclose his financial interest in the transaction, resulting in his convictions for money laundering and mortgage fraud being overturned.
The European Commission has launched a consultation on amendments to the third money laundering directive (third directive) to address changes required by the updated Financial Action Taskforce (FATF) Standards.
Money laundering convictions making the news in the last two months
The Law Society Council has elected Andrew Caplen, a consultant with Abels Solicitors, Southampton to be the next deputy vice president of the Law Society.
Enter Keywords to Search in News (Optional)
Search News From This Date
Search News To This Date
Get the latest information on the key issues affecting the profession and breaking news