Phone hacking fallout continues as Farrers reputation head faces prosecution by SRA

The Solicitors Regulation Authority (SRA) is set to prosecute Farrer & Co‘s head of reputation management, Julian Pike, over allegations of advising News International that it should spy on lawyers who were acting for victims of phone hacking. Continue reading “Phone hacking fallout continues as Farrers reputation head faces prosecution by SRA”

‘There is now an opportunity’: SRA appeals to government for independence from Law Society

The thorny issue over whether to grant the Solicitors Regulation Authority (SRA) full independence from the Law Society continues to prove divisive as the former has this week directly appealed to the government to execute the plans.

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Law Society weighs in on Senior Managers Regime, warns of conflict risk to in-house privilege

Already a contentious issue among financial companies pledging to tackle poor working cultures, the Senior Managers Regime, which holds executives responsible for failings in financial institutions, could pose a risk of conflict to in-house lawyers, their employers and legal professional privilege, warns the Law Society.

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Douglas to step down as CLLS boss ahead of new era of legal regulation

Alasdair Douglas will step down as chair of the City of London Law Society (CLLS) later this year as the legal sector moves closer to substantive reform of its representative bodies, with the government exploring making legal service regulators independent from their representative bodies. Continue reading “Douglas to step down as CLLS boss ahead of new era of legal regulation”

Turf wars continue as SRA reiterates need for separation from Law Society in response to Treasury money laundering regime

In its latest plea for independence, The Solicitors Regulatory Authority (SRA) is making its case for separation from the Law Society in its response to Treasury’s call for information on its re-evaluation of the anti-money laundering (AML) supervisory regime.

Continue reading “Turf wars continue as SRA reiterates need for separation from Law Society in response to Treasury money laundering regime”