Tag Results
“No reason” for sharp rise in interventions, SRA says
Friday, 28 July 2017The Solicitors Regulation Authority has said it cannot explain why the number of interventions into law firms in the first five months of 2017 was twice the figure for the same period last year. The regulator said there was also a “noticeable increase” in the size of firm.
Tags: interventions, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
Police called in stand-off over ownership of law firm
Tuesday, 4 August 2015A High Court judge has described how locks were changed and the police were called in an extraordinary stand-off over the ownership of a law firm. The case also raised questions about the extent of the Solicitors Regulation Authority’s intervention powers.
Tags: High Court, interventions, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
BSB seeks power to shut down chambers
Friday, 15 May 2015The Bar Standards Board (BSB) has proposed that it should be given, for the first time, the power to intervene in barristers’ practices and chambers. It also wants new powers on fines and setting up a compensation fund.
Tags: bar standards board, compensation fund, fines, interventions
Posted in Barristers, Latest news, Regulation
High Court grants SRA power to destroy millions of documents held after interventions
Tuesday, 10 February 2015The High Court has backed an application by the Solicitors Regulation Authority to destroy millions of documents seized from firms it has intervened in and had to store since, at significant cost to the profession.
Tags: interventions, Solicitors Regulation Authority
Posted in Latest news, Solicitors
SRA closes three South East law firms in two days
Monday, 3 November 2014The Solicitors Regulation Authority closed three law firms in London and Essex in just two days last week, giving suspected dishonesty as a reason for each separate intervention.
Tags: dishonesty, interventions, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
SRA to investigate impact of legal aid cuts on crime firms
Thursday, 5 December 2013The Solicitors Regulation Authority is to investigate the likely impact of criminal legal aid fee cuts on the viability of law firms amid warnings that the cost to the profession of collapses could spiral.
Tags: interventions, legal aid, Solicitors Regulation Authority
Posted in Indemnity insurance, Latest news, Solicitors