Articles
SRA’s Updated Financial Sanctions GuidanceMay 8, 2025The SRA has updated its guidance on the UK financial sanctions regime, with the latest version published on 1 May 2025. The revised guidance aims to provide clarity for solicitors and firms on their obligations under the regime, especially in light of evolving expectations and the strict liability nature of financial sanctions breaches. Here we look at the changes that have been made.Read More
April 25 Legal Sector Affinity Group Guidance Note UpdateMay 5, 2025A number of changes have been made to the LSAG Guidance Note of which all firms subject to the Money Laundering Regulations 2017 will need to be aware. Summarised in Schedule 23 are several key changes that law firms need to understand and, more importantly, put into practice. This article looks briefly at those changes.Read More
AI for Law Firms – an essential tool not an optional extraApril 21, 2025The legal profession is poised on the edge of a profound transformation. Artificial intelligence (AI) is no longer a speculative concept but an active, evolving force reshaping how legal services are delivered in the UK and across the world. This article looks at some of the issues that surround its adoption and at why it cannot be ignored.Read More
Hired Guns, Global Deals, and Ethical Dilemmas: Why Legal Ethics Still MatterApril 19, 2025The legal profession in the United Kingdom has historically been grounded in principles of integrity, independence, and a steadfast commitment to justice. Yet, in recent years, the very essence of these values has been called into question. This article explores the current state of legal ethics in the UK.Read More
Lawyers blamed again for economic crime!March 26, 2025Labour peer Baroness Margaret Hodge urges government to extend corporate criminal liability reforms to include legal professionals who fail to prevent money laundering and economic crime. But are such calls justified and is there a danger that in doing so the public as a whole will start to lose the legal protections and services they currently enjoy?Read More
The SRA’s Evolving Approach to SLAPPsMarch 25, 2025The SRA has issued a new public statement reaffirming and expanding its position on SLAPPs, particularly in light of recent criticism of it relating to the Discreet Law case. This statement sets out the development of the regulator’s approach and how the SRA sees its role in tackling abusive litigation. This article looks at the related issues in more detail.Read More
The Future of the SRA: Challenges and Opportunities for the Incoming Chief ExecutiveMarch 17, 2025With the impending departure of Paul Philip, the Chief Executive of the Solicitors Regulation Authority (SRA), the legal profession is presented with a moment of reflection and a significant opportunity for reform. This article looks at some of the challenges currently facing the SRA and at some of the issues that the new Chief Executive will face.Read More
Biometric Data and CDD Checks: A Data Protection PerspectiveFebruary 24, 2025Client due diligence (CDD) checking is an important aspect of the work of all law firms and a cornerstone of anti-money laundering (AML) compliance. However, paper-based systems are not only slow but also are prone to clerical errors and fraud. Online electronic services have become a more effective means for firms to enhance their checking processes and to these methods has been added the growing use of biometric data as a tool to verify identities efficiently.Read More
Data (Use and Access) Bill – the potential impact on DSARs and vexatious requestsFebruary 18, 2025How the anticipated Data (Use and Access) Bill might reshape DSAR obligations, the ramifications for UK law firms, and how it might impact upon the increasing prevalence of vexatious DSARs in contentious proceedingsRead More
SRA’s Sham Litigation Warning Notice: Key issues for UK solicitorsFebruary 15, 2025The SRA have issued a new Sham Litigation Warning Notice highlighting its current concerns and underscoring its growing apprehension that some solicitors may be inadvertently (or knowingly) assisting clients in legal proceedings that lack genuine legal purpose or substance and thus risking breaching professional obligations, facilitating financial wrongdoing, and undermining public trust in the legal profession. Here we look briefly at that warning notice.Read More