The Federation of Law Societies of Canada is seeking feedback on draft amendments to its model code of conduct. The proposed changes seek to implement the call from the Truth and Reconciliation Commission for all lawyers in Canada to be provided with appropriate cultural competency training, covering topics such as residential schools, Indigenous rights, and…
LSRA open consultation on legal partnerships draft resolution
The Legal Services Regulatory Authority (LSRA) has initiated a month-long consultation on the draft regulatory framework for new legal partnerships. This framework enables partnerships between solicitors and barristers, allowing them to offer legal services jointly, a development made possible by amendments to the Legal Services Regulation Act 2015 in July 2023. These partnerships may operate…
The State Bar of California Trustees approve the 2024 budget, including measures to mitigate the impending budget deficit
The State Bar of California trustees have approved the 2024 budget. This budget is key in mitigating the impending insolvency of the State Bar of California General Fund, including utilising proceeds from the previous year’s building sale to mitigate an ongoing structural deficit. Bar-wide revenue is projected at $428.9 million, while expenses stand at $400.9…
The Association of Chartered Certified Accountants is removed as an approved regulator by the Legal Services Board
On February 29, 2024, the Lord Chancellor accepted the recommendation from the LSB to approve The Association of Chartered Certified Accountants (ACCA)’s application to cancel its designation as an approved regulator under the Legal Services Act (2007). This decision followed a recommendation made by the LSB in July 2022, which came after ACCA confirmed that…
The Institute for the Advancement of the American Legal System (IAALS) produces report exploring civil justice reform
In Autumn 2021, IAALS launched the Paths to Justice virtual summit series, focusing on challenges and opportunities for systemic change in the justice system. The series fostered conversations among stakeholders and led to the publication of various white papers corresponding to key discussions. These papers have now been consolidated into a single report titled “Paths…
The Solicitors Regulation Authority seeks views on new resources specifically for in-house lawyers
The Solicitors Regulation Authority (SRA) has developed new resources to support the over 34,500 solicitors working in-house in England and Wales. These materials, created in collaboration with the regulator’s virtual in-house solicitor reference group, address issues identified in the SRA’s 2023 thematic review and feedback from in-house solicitors. When asked for comment, Juliet Oliver, General…
Germany sees another decline in the number of concluded lawyer, legal assistant and notary assistant training contracts
In 2023, the number of newly concluded contracts for legal training or legal and notary assistant positions decreased, according to statistics published by BRAK. These figures, based on feedback from bar associations to the Federal Institute for Vocational Training (BIBB), account for contracts finalised between October 1st of the previous year and September 30th 2023….
The Parliament of New South Wales holds inquiry into the use of AI
The parliament of New South Wales, Australia, is holding a wide ranging inquiry into the use of AI. There is a particular focus on a) the current and future extent, nature and impact of AI in New South Wales b) the social, economic and technical opportunities, risks and challenges presented by AI to the New…
The Law society of Hong Kong publishes an issue paper on the use of AI in the legal sector
The Law Society’s Position Paper underscores the pervasive influence of AI on society and acknowledges that it is presenting both challenges and opportunities. Urgency is emphasised, urging proactive collaboration to address challenges and harness opportunities beneficially. The paper stresses the choice between proactive engagement or passive acceptance of AI’s impact. By issuing this paper, the…
March Feature – Anti-Money Laundering
On 23 February the fifth Financial Action Task Force (FATF) plenary session concluded with some important outcomes for the legal industry. Three days of discussions on key money laundering, terrorism financing and proliferation financing issues have produced new risk-based guidance for the implementation of Recommendation 25 on the beneficial ownership and transparency of legal arrangements. This…