The Malaysian Bar has issued a statement on its ongoing fight against dishonesty in the legal profession. This statement seeks to correct recent comments made by the Director of the Commercial Crime Investigation Department (CCID) of the Royal Malaysia Police, which linked a case leading to a RM4.8 million loss on a fraudulent land transaction…
A manifesto for the judicial and legal system in Europe
On 9 June, all 27 members of the European Union held elections for the European Parliament. The Council of Bars and Law Societies of Europe (CCBE) issued its own manifesto prior to the elections which called on the Parliament to play its part in demanding adequate resources for the judicial system and a well-resourced legal…
Law Society of Scotland offers innovative AML training film to its members
The Law Society of Scotland is giving its members access to an innovative anti-money laundering (AML) film-based training tool produced by the Institute of Chartered Accountants in England and Wales (ICAEW) and HM Revenue & Customs (HMRC). The tool is designed to enhance solicitors’ awareness of economic crimes, particularly money laundering. The film dramatises examples…
IBA study suggests global economic impact of the legal profession at $1.6 trillion
The International Bar Association (IBA) has recently published work that it commissioned from the professional services consultancy McKinsey, which seeks to quantify the social and economic value of the legal profession. This is quantified at $1.6 trillion, or 1.7% of global GDP. The calculation was arrived at by taking into account both direct economic contributions…
Potential causes of differential outcomes by ethnicity in legal professional assessments
The University of Exeter has published the results of a study commissioned by the Solicitors Regulation Authority of England and Wales, which seeks to explore the reasons behind varying legal qualification outcomes among students of different ethnicities. The research revealed that these differences are likely to stem from a complex interaction of factors including social,…
UK Ministry of Justice reportedly explores interest on client account to support free legal advice
The UK Ministry of Justice (MoJ) is reportedly exploring the potential for requiring interest earned on pooled client accounts to fund legal services for those who cannot afford them. It has commissioned research from independent consultants into the practices of law firms in England and Wales in relation to the handling of interest on client…
Bar exam alternatives gain American Bar Association backing
The American Bar Association (ABA) Section on Legal Education has endorsed alternative pathways to attorney licensing that do not require taking the bar exam. This represents a significant shift in policy from its traditional stance of only recognising the Bar Exam route to qualification. The move comes in response to the growing number of states…
Solicitors Regulation Authority updates warning notice Strategic Lawsuits against Public Participation (SLAPPs)
The Solicitors Regulation Authority of England and Wales published an updated warning notice for solicitors about Strategic Lawsuits Against Public Participation (SLAPPs) at the end of May, following the entry into law of the Economic Crime and Corporate Transparency Act 2023 and drawing on its own casework. SLAPPs are identified as a misuse of the…
Victorian Legal Services Board 2024 Risk Outlook
The Victorian Legal Services Board’s (VLSB) “2024 Risk Outlook” outlines the major risks facing Victoria’s legal sector in 2024. Cybersecurity remains a critical concern, as the Board has noted the growth of cyber attacks over the past year. Law practices are urged to implement robust security measures like multi-factor authentication and regular software updates whilst…
European Court of Justice oral hearing on the German ban of third-party ownership of law firms
On April 30, 2024, the oral hearing regarding the German prohibition of third-party ownership in law firms took place before the Grand Chamber of the European Court of Justice (ECJ). The case (Halmer ./. Rechtsanwaltskammer München) concerns a decision made by the Munich Bar in 2021, when the latter revoked the admission of the law…