Newly released data from the Solicitors Regulation Authority (SRA), has shown that representation is improving in law firms. The data collected from 186,000 people working at 9,500 law firms across England and Wales shows that nearly half of all solicitors are now women (49%) up 1% since 2017, however, this changes greatly depending on seniority with only 34%…
Arizona set to become first state to allow ABSs
Arizona has become the first state in the US to formally file for the introduction of Alternative Business Structures (ABSs) in the US. The Arizona task force on the delivery of legal services has filed a petition with the Arizona Supreme Court which suggests eliminating rules which prevent fee sharing with non-lawyers and entering into…
Notes on the Westminster Legal Policy Forum keynote seminar – 25th February 2020
This ICLR special report has been compiled to give members a flavour of what was discussed during the annual Westminster Legal Policy Forum, held on the 25th February 2020. The theme of the day was ‘regulation, consumer protection and responding to innovation’, with speakers drawn from across regulators, representative bodies, academia and the legal services…
FTI Consulting release report on the role of cryptocurrencies in AML
FTI Consulting has released a report outlining some of the dangers present in the regulation of cryptocurrencies in relation to AML. The report looks at various examples of cryptocurrencies being used for money laundering purposes, as well as looking at some of the regulatory responses that have been put in place. The full report is…
SRA report on disability in the workplace reveals disparity with overall population
Research released by the SRA has highlighted unwillingness amongst legal professionals with a disability to inform their employer of their situation. This, in turn, suggests that firms may not be doing enough to facilitate working conditions that are conducive to working with a disability. The report finds that 3% of solicitors report as having a…
The Bar of Ireland releases balance at the Bar survey
The Bar of Ireland has released a survey of 567 practitioners looking at workplace satisfaction and wellbeing in the Bar. The survey looks at various topics including anxiety and stress, mental and physical health, workplace happiness and workplace issues. The survey demonstrates some of the improved benefits to wellbeing in maintaining an open profession where…
LSB announces new consumer panel appointment in push for increased public focus
The Legal Services Board (LSB) has announced the appointment of former barrister and current Chief Executive of Citizens Advice Epsom and Ewell, Lisa Davis to the newly formed Legal Services Consumer Panel. The role of the panel is to try to better gauge public engagement with the legal services sector. The appointment comes on the back…
Law Society of Scotland and Information Commissioner’s Office collaboration on legal tech
A collaboration between the Law Society of Scotland and Information Commissioner’s Office (ICO) is set to provide a boost to the legal tech sector in Scotland, through assistance in developing technology-based solutions to GDPR issues. The Law Society of Scotland has signed a memorandum of understanding with the ICO which allows it to act as a…
Cologne courts raise questions over the legality of legal bots
A challenge against a ‘legal bot’ mounted by the Hanseatic Bar Association Hamburg – a self-governing body representing over 10,000 lawyers in Hamburg, has proved successful in the regional court of Cologne. In October the court found that the bot, an online contract generator, was in effect providing legal services. They ruled that this was in…
Legal Services Regulatory Authority publishes annual report
The Legal Services Regulatory Authority (LSRA) in Ireland has published its 2019 Annual Report which provides an overview of its performance for the year, including its new role in handling public complaints relating to solicitors and barristers. The Annual Report contains statistical data on complaints and early trends, including: During the 12 week period from…