23 Oct 2019, 10:00 – 25 Oct 2019, 16:30 University of Oxford INDR will host a three day conference covering issues such as the regulation research, the regulatory delivery model, and ethical business practice and ethical business regulation. The price of the conference is £80 per day (£240 for all three days) for INDR Members…
Joint CCBE-FBE Conference on Self-Regulation & Quality in the Legal Profession
25 October 2019 Lisbon, Portugal The conference will be an opportunity to remind participants of the role and importance of self-regulation for the independence of the legal profession and to discuss the interplay between quality and regulation within the profession: How can citizens be guaranteed high quality legal services? How can their interests be protected…
SRA report: upholding professional standards
The Solicitors Regulation Authority has published a report detailing how it deals with complaints, undertakes investigations and decides on what sort of regulatory action is required. The report covers the period November 2017 – October 2018 and includes case studies and reflects upon emerging trends, such as the use of NDAs. Download the report …
FATF guidance for legal professionals
The Financial Action Task Force (FATF) has produced risk-based approach (RBA) guidance to help legal professionals design effective measures to manage money laundering and terrorist financing risks. The guidance is also aimed at supervisors of legal professionals, highlighting the importance of supervising the RBA. The FATF developed this non-binding guidance with input from the legal…
The Federation of Law Societies of Canada working with government in the fight against money laundering and terrorist financing
The regulators of the legal profession in Canada and the Canadian government have embarked on a new chapter in the fight against money laundering and the financing of terrorist activities. Late last Spring Canada’s Minister of Finance announced the creation of a joint working group comprised of representatives of the government and the Federation of…
State Bar of California seeking public comments on regulatory reforms
The State Bar of California is seeking public comment on proposals for regulatory reform put forward by the Task Force on Access Through Innovation of Legal Services. The task force was set up to improve access to justice through regulatory reform, following a report in 2018 that suggested that regulation was limiting innovations which could…
LSB updates governance rules to “enhance regulatory independence”
A new set of rules have been released by the Legal Services Board (LSB), which aim to clarify the separation between representative bodies and their regulators. The internal governance rules (IGRs) have been published following a series of public consultations that first began in November 2017. The rules which were released by the oversight regulator…
Anti-Money Laundering and Lawyer Regulation: The Response of the Professions
Abstract The extension of anti-money laundering (AML) controls to lawyers has been a controversial topic since the early 2000s. The legal professions facing these measures have adopted differentiated strategies of response, three examples of which are examined and contrasted in this paper. In the US, the legal profession vocally objected to the measures and has been able to deflect…
ICLR 2019: Regulating in Uncomfortable Spaces
The following content has been provided by the panel presenting on this topic during the afternoon on Day 1 of ICLR 2019. Synopsis As recent events have shown, regulating the conduct of lawyers who serve as elected politicians or in public office, as well as those who provide legal services to others in public office,…
AI-Enabled Business Models in Legal Services: From Traditional Law Firms to Next-Generation Law Companies?
What will happen to law firms and the legal profession when the use of artificial intelligence (AI) becomes prevalent in legal services? This paper addresses this question by considering specific AI use cases in legal services, and by identifying four AI-enabled business models (AIBM) which are relatively new to legal services (if not new to…