The Solicitors Regulation Authority (SRA) has announced significant proposals to change how law firms manage client funds.The proposed reforms include prohibiting the retention of interest by…
A barrister has been suspended after mishandling client funds.Wayne Lewis, a barrister, was found guilty of several charges.The High Court rejected Mr. Lewis’s appeal against the…
A recent survey highlights strong opposition among law firms to the SRA’s proposal to stop them from holding client money.The Solicitors Regulation Authority (SRA) is considering…
The Solicitors Regulation Authority (SRA) faces criticism over its handling of Axiom Ince’s collapse, with a significant lack of oversight identified.The Legal Services Board (LSB) initiates…
A solicitor in Accrington, Lancashire has been formally rebuked by the Solicitors Regulation Authority (SRA) for retaining client money for an extended period.Anthony Foley, acting as…
Recent claims suggest law firms may have retained significant amounts of interest owed to clients.Amidst rising scrutiny, law firms reportedly accrued as much as £1.3bn in…
