On May 24, 2024, the EU Parliament approved the Corporate Sustainability Due Diligence Directive (CSDDD), establishing stringent new requirements for large companies operating within and outside the EU to conduct thorough due diligence on human rights and environmental impacts. The directive applies to companies with significant employee counts and financial turnovers and includes those engaged…
Implementation of the European Artificial Intelligence Act in Ireland
The Law Society of Ireland has made a submission to the Irish Government on how it believes the European Artificial Intelligence Act (AI Act) should be implemented in Ireland. The EU’s AI Act, which is designed to regulate and foster responsible AI development, officially came into force on August 1, 2024. The AI Act classifies…
Maintaining a strong focus on enforcing the law
In her opening address at the General Counsel Summit on August 7, 2023, Australian Securities and Investments Commission (ASIC) Deputy Chair Sarah Court outlined for lawyers working in the companies it regulates, how it intended to approach enforcement over the coming year. Ms Court highlighted greenwashing, where misleading environmental claims by companies can significantly impact…
Conveyancers should move away from holding client accounts
Licensed conveyancers in England and Wales are being encouraged to transition away from maintaining client accounts, as discussed at a round-table hosted by the Council for Licensed Conveyancers (CLC). The discussion highlighted the risks and regulatory burdens of managing client accounts, including compliance, cybersecurity, and anti-money laundering efforts. Contributors to the discussion from the payments…
Updates and timeline: Single legal regulator legislation
The debate on the proposal for a unified legal regulatory framework in British Columbia continues to evolve. The Law Society of British Columbia continues to update its timeline documenting developments around this legislative proposal. In the latest developments, in July, the Law Society of British Columbia appointed members to the transitional board of Legal Professions…
It pays to be clear and upfront with clients about legal fees
The Scottish Legal Complaints Commission (SLCC) recently published an article in the Scotsman newspaper highlighting the need for Scottish solicitors to be more transparent about their pricing and the overall costs of legal services. The SLSCC referenced recent research by Consumer Scotland which showed that although the price of services is only one consideration in…
Asylum services review highlights general good practice and areas for improvement
The Solicitors Regulation Authority (SRA) has published a thematic review of 25 legal firms in England and Wales providing asylum services, following up on its 2022 immigration thematic review. The review assessed how these firms handle daily asylum support, supervision, and training, aiming to highlight best practices across the sector. Key findings indicated that most…
LSB annual report shows progress in driving up standards and ensuring regulation increases public trust
The Legal Services Board (LSB) released its Annual Report for the financial year ending March 31, 2024. The report outlines the LSB’s efforts to ensure that legal regulation adapts to serve societal needs more effectively. Key developments in 2023-24 were the LSB’s first assessment of legal regulators against its new performance framework, which revealed the…
New paths for licensure: California confirms Kaplan bar exam, Arizona launches second chance program
California and Arizona are pioneering new approaches to lawyer licensure. California, which has always taken a different approach to other US states on many lawyers regulatory issues, has decisively moved away from the uniform system of examinations run by the National Conference of Bar Examiners. The State Bar of California has contracted with Kaplan North…
Chief Justice Andrew Bell flags generative AI as major challenge for justice system
In a landmark address marking the bicentenary of the Supreme Court of NSW, Chief Justice Andrew Bell highlighted generative AI as a pivotal challenge facing the justice system. Speaking to an assembly of senior judges from Australia, New Zealand, and Singapore, Bell emphasised the evolving complexities that AI introduces to the work of the courts….