Legal Services Regulation and Representation - Page 2

Clyde & Co fined £500k for anti-money laundering regulation breaches

Former chair of UK firm’s global marine practice group also fined for due diligence failures unearthed in 2018

  • 6mos
News | UK

New Bar Council chair calls for more investment in justice system ‘at the point of structural failure’

Sam Townend KC also prioritises making the profession more ‘resilient and sustainable’

Legal Services Board enlists top Northern Ireland firm to investigate oversight of Axiom Ince

Carson McDowell will examine “regulatory events” leading up to Solicitors Regulation Authority’s intervention into firm

Compensation claims over collapse of Axiom Ince hit £33m

Regulator says it hopes to avoid additional levy on solicitors by prioritising claims

US creates design patent practitioner bar as applications rise

USPTO seeks to encourage “broader participation” in bar

  • 8mos
News | US

SRA defends oversight of Axiom Ince and promises review of ‘accumulator firm’ supervision

Regulator says it uncovered ‘sophisticated’ suspected dishonesty including ‘falsified bank statements and letters’

  • 8mos
News | UK

SFO makes seven arrests amid dawn raids in connection with Axiom Ince collapse

More than 80 investigators involved in operation sparked by discovery of £66m hole in client accounts

Legal profession welcomes bill set to underscore London as leading arbitration hub

Bill implementing reform to Arbitration Act 1996 praised by arbitration professionals, but Bar Council hits back over underfunding of court system

  • 8mos

SRA and Law Society at odds as compensation fund levy looms over Axiom Ince intervention

Solicitors Regulation Authority concedes additional levies are likely as law soc flags ‘atypical’ business model of collapsed firm

Lech Walesa joins line up of keynote speakers at IBA’s Paris annual conference

Headline speakers also include former OpenAI director Zack Kass and Meta oversight board co-chair Helle Thorning Schmidt

IBA joins lawyers, law firms and other professional bodies in condemning ‘heinous’ attacks on Israel

International lawyers’ group echoes ABA in calling on Israel to adhere to international legal standards in its response

Regulator takes control of Axiom Ince to protect clients’ interests

Solicitors Regulation Authority makes what is expected to be the largest – and most costly – intervention into a law firm

Norton Rose Fulbright secures top BNP Paribas disputes lawyer in London

Alison Kellett is also president of the Solicitors Disciplinary Tribunal

IBA issues guide to legal services trade as international agreements proliferate

Latest trade agreements affecting legal services ‘unrecognisable from the past’, says co-author

‘An incredibly exciting journey’: Bar Council’s international policy head steps down

Christian Wisskirchen is taking a sabbatical after 20 years advising on international affairs

Susskind calls for UK body to meet AI’s legal challenges

Influential academic says best legal and technology minds are needed as AI race accelerates

UK government extends Russian sanctions to include City legal advice

Business lawyers barred from advising on deals that would benefit Russian economy

Europe’s young lawyers group elects first Ukrainian leader

Kyiv-based IP lawyer Sergiy Barbashyn is the next president of the European Young Bar Association

‘A dynamic process’: Indian lawyers welcome government initiative to reform arbitration regime

High-level review heralds serious drive to boost India’s international status as arbitration seat, reports Ben Rigby

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