Industry Insights

The SRA is likely to continue prosecuting ‘easy targets’ for ethical breaches, despite widespread criticism of recent disciplinary cases involving junior lawyers. That was the [...]

Philip Lewis says that even before Covid-19, the legal sector was seeing significant activity in law firm mergers and acquisitions. The likelihood is that this will continue as practices grapple [...]

Claire Ambrose, Chartered Accountant with Bishop Fleming, provides timely guidance on a few common breaches of the SRA Accounts Rules. Residual balances: Under Rule 2.5 of the SRA Accounts Rules [...]

This is a post for entrepreneurial lawyers who are thinking about striking out on their own. It might seem strange for a business that specialises in starting law firms to advocate not starting a [...]

Solicitors undertakings underpin a huge number legal transactions. They are relied upon heavily in the property sector. The Supreme Court’s decision in Harcus Sinclair v Your Lawyers has [...]

The deadline for submission of your SRA diversity survey data is 30 July 2021. See our guide to this year’s exercise here. Law firms have spent the past few weeks collecting anonymised diversity [...]

What is solicitors run-off insurance? Solicitors run-off insurance is there to protect clients who have a claim against a law firm that has closed down. It provides continued cover for six years [...]

As society starts to reopen, law firms, like every other business, have to adapt to new ways of working. Legal News, in partnership with Cardiff & District Law Society, recently published a [...]

It seems like only last month, but the SRA renewals are coming around again. Has it really been a year? Submissions open 1/10/21 and close 31/10/21. What’s new The SRA are emailing firms [...]

What is Lexcel? When people talk about the ‘Lexcel standard’, they are referring to the official quality mark for legal practice set by The Law Society. The aim of the standard is to provide a [...]