Legal news

Trainee solicitors hit hard by removal of minimum salary requirement - 19 June 2018

The average salary for a trainee solicitor has fallen after the removal of a minimum salary, a new report has revealed. The Solicitors Regulation Authority (SRA), which published the research, said that despite the fall, trainee numbers have grown and

Law firms benefit from ‘more focused’ accounting changes - 19 June 2018

Recent changes to legal sector accounting have delivered a “greater focus” on issues of genuine concern, according to the Solicitors Regulation Authority (SRA). The review follows reforms to allow accountants to apply greater professional judgement in reviewing risks to client

How might proposed IR35 changes affect solicitors? - 19 June 2018

A new consultation exploring the taxation of contractors working in the private sector may have a significant effect on law firms. The consultation will look at improving ‘off-payroll’ working rules, known as IR35. Under these rules, self-employed contractors are assessed

Legal aid cuts weighing heavily on criminal defence lawyers, study finds - 9 May 2018

The Law Society has published a damning report into the future of the criminal justice system, which worryingly suggests that there will not be enough solicitors to provide criminal defence services in just five or 10 years’ time. “Criminal duty

Expansion expected for commercial law market - 9 May 2018

Legal market surveyors are expecting the commercial law market to grow substantially over the next couple of years. IRN Research, which published the report, suggested that there will be a hive of business-related activity in the year leading up to

Law Society issues important guidance ahead of GDPR - 9 May 2018

The Law Society of England and Wales has published a comprehensive guide to the new General Data Protection Regulation (GDPR) for law firms, ahead of new data protection rules coming into force later this month. The upcoming GDPR will replace

Solicitor handed hefty fine by SDT - 4 April 2018

A solicitor who was found to have used his law firm’s client account as a banking facility for several years has been fined £15,000 by the Solicitors Disciplinary Tribunal (SDT). The law firm involved in the case, the name of

Law firms and conveyancers urged to take extra care when advising first-time buyers - 4 April 2018

Solicitors should provide clearer conveyancing information, particularly when advising first-time buyers, according to new research published by the Solicitors Regulation Authority (SRA). Following the results of a recent poll, the SRA reminded solicitors that buying or selling a property can

Solicitors advised to avoid Employment Tribunals due to claims backlog - 4 April 2018

Solicitors and law firms are being advised to steer clear of Employment Tribunal litigation, after official data revealed that the number of Tribunal claims received by the Courts had skyrocketed – and that a large backlog was building up. Last

Small claims limit reforms will have knock-on effect for legal profession - 13 February 2018

The Law Society has voiced concerns that changes to the small claims limit in relation to road traffic and personal injury cases could have an adverse effect on both law firms and claimants. It says that upcoming changes – which