The recruitment of solicitor trainees in Scotland has sustained strong momentum for the third consecutive year, with 765 new traineeships initiated in the past 12 months. Although slightly below the previous year’s record of 788 trainees, this figure is notably higher than the pre-2020 levels, where the number of new traineeships had never surpassed 700…
The Law Society of Scotland launches new guide for creating a wellbeing strategy
The Law Society of Scotland has launched a new resource called the Guide to creating a Wellbeing Strategy to support the mental and physical wellbeing of legal professionals. The guide outlines a three-step process to develop a wellbeing strategy, including securing the support of senior workplace leaders and consulting with colleagues on the wellbeing support…
The Law Society of Scotland continues work on regulatory regime for Licensed Legal Service Providers
The Law Society of Scotland has provided an update on the status of licensed legal services providers. Traditionally legal practices can only be owned by lawyers holding a practice certificate, these new Legal Service Providers can be owned by non-lawyers, though they still need to be majority (51%) owned by solicitors or members of specified…
Jane Malcolm named new Chair of Scottish Legal Complaints Commission
The Scottish Legal Complaints Commission has announced the appointment of Jane Malcolm as its new chair. Malcolm has a strong track record of strategic leadership in professional regulation, working in the public interest. She has a particular interest in consumer-centred services and policy, with a sharp focus on improving the experience of those who use…
The Office of Financial Sanctions Implementation has set up a new legal sector engagement forum
The Office of Financial Sanctions Implementation, a division of HM Treasury UK, has set up a new legal sector engagement forum. The OFSI helps ensure financial sanctions are understood, implemented and enforced. The forum has been set up to enhance the direct engagement between the OFSI and the legal sector. The forum is an opportunity…
Scottish Parliament introduces Regulation of Legal Services (Scotland) Bill
The Scottish Parliament has brought in a new regulatory framework to change the way the Scottish legal market is regulated. The Bill provides for more competition and innovation in the regulation and provision of legal services. Existing regulators will retain their regulatory function but must become independent from other functions such as representing the membership…
Law Society of Scotland publishes initial AML attestation findings
The Law Society of Scotland has published its initial findings from its new AML attestation process. This is the first step in a new regime and involved selected firms to complete the new attestation document. The Law Society has found the first set of responses has highlighted some interesting points: R.21 requirements appear to be…
Legal Sector Affinity Group of the Law Society of Scotland implements updated AML guidance
The Legal Sector Affinity Group has implemented it’s updated guidance on anti-money laundering. The guidance has been approved by HM treasury. The updates reflect changes in the Money laundering, Terrorist Financing and Transfer of Funds Regulations 2017. These include: Guidance on the new requirement to carry out proliferation financing risk assessments, either as part of…
New accreditation launched in Scotland for paralegals working in immigration law
The Law Society of Scotland has launched a new accreditation for paralegals working in immigration law. The new accreditation is in response to the expanding need in immigration law and recognises the increasing speciality of the area of law. The accreditation is voluntary and the process involves demonstrating the Law Society’s General Competencies and Standards…
The Scottish Government publishes its official remarks in response to reforms on legal regulation
The Scottish government plans to bring forward legislation to reform and update the regulation of legal services in Scotland. The proposed legislation comes on the back of a consultation undertaken in 2021 to identify areas of improvement in a regulatory system largely written in the 1980s. The consultation ran between October and November 2021, with…