This International Women’s Day (8th March 2025), the Law Society of England and Wales encourages the profession to continue supporting women’s progress to senior levels. In 2023, more new female solicitors (832) attained partner equivalent
New regulatory measures to strengthen ethical standards in the legal sector have been proposed today, to initiate a significant shift in how lawyers’ ethics are taught, overseen and supported in workplaces. The Legal Services Board
Roche Legal Limited, a recognised body, authorised and regulated by the SRA has agreed to pay a financial penalty in the sum of £4,698 for for failure to comply with money laundering regulations. The SRA
Since 2019, private equity firms have invested over £1.18 billion into UK law firms, with a record £534 million injected in 2024 alone, according to research by Acquira Professional Services. Traditionally resistant to external ownership,
Paul Philip, chief executive of the Solicitors Regulation Authority (SRA), will retire towards the end of 2025 after nearly 12 years in the role, the regulator announced. His departure follows that of Alan Kershaw, chair
Knights has strengthened its presence in the South East with the acquisition of IBB Law LLP for an initial £21 million. The acquisition will bring 140 lawyers to Knights – joining a team of more
Nexus Solicitors Limited, a Licensed Body, authorised and regulated by the SRA has agreed to pay a financial penalty in the sum of £31,217 for for failure to comply with money laundering regulations. Nexus Solicitors
Lawyers are ‘impatient’ as they wait for firms to invest in technology and innovation with just one in five (18%) saying their firm was ‘fast’ or ‘very fast’ at implementing new technology. Nearly half (47%)
The Law Society of England and Wales has warned against the Solicitors Regulation Authority’s (SRA) proposal to move away from client accounts to third-party managed accounts. This forms part of the Law Society’s response to
The Law Society of England and Wales has responded to the Legal Services Board’s (LSB) consultation on guidance for the new regulatory objective of ‘promoting the prevention and detection of economic crime’ under the Economic
The Solicitors Regulation Authority (SRA) has flexed its regulatory muscles with a series of fines levied on firms and individuals for failure to comply with money laundering regulations. Fines totalling over £66,000 have been levied
Mental health and wellbeing charity LawCare says it experienced a 13% increase in support requests last year compared to 2023, with 2024’s number its highest on record. Stress and anxiety (39%) were the most common
The Legal Services Board (LSB) is consulting on the content of its business plan and budget for 2025/26, highlighting five key priorities for the super-regulator. In its final board meeting on 2024 it reaffirmed its
Maidstone and Canterbury based full-service firm Brachers LLP is the latest acquisition by private-equity backed Lawfront in a deal that takes the group past £100m revenue. Brachers is Lawfront’s fifth large regional firm acquisition and
For the first time since Q3 2023 more than 15,000 customers became active in the equity release market according to the latest quarterly market report from the Equity Release Council, tracking activity across new plans,
