Topic
client funds
150 published works
Legal Futures Blog
Client money on trial: Kord webinar examines the future of TPMAs
By Legal Futures Associate KordPooled client accounts are under more regulatory and legislative pressure than at any point in recent years, and Kord’s latest webinar set out to explain why. Client…
Legal Futures Blog
The questions that determine if the SRA’s client money reforms will work
Posted by Jen Dunlop, managing director, and Jess Irwin, senior consultant, of Compliance Office, on behalf of Legal Futures Associate VinciWorksJen DunlopIn June, we discussed the Solicitors Regulation Authority’s (SRA) consultation on client money…
Legal Futures Blog
SRA asked: Why aren’t you approving M&A deals?
Hayhoe: SRA needs to set timetable for client money consultationThe Solicitors Regulation Authority (SRA) has been asked to explain why it is requiring only notification of impending mergers and acquisitions…
Legal Futures Blog
Law firm owner struck off over missing £450,000
By Neil Rose
SDT: Solicitors paid themselves nearly £250,000 over 15 monthsA law firm owner who has cost the profession £450,000 in payouts from the SRA Compensation Fund because of money missing from…
Legal Futures Blog
Law firm directors struck off for misusing client account money
SDT: Swead’s dishonesty stretched across several eventsTwo directors of a City law firm have been struck off for acting dishonestly in making an unauthorised payment from client account of almost…
Legal Futures Blog
Solicitor who closed firm used client money to shop at Morrisons
By Scott Jones
Closure: SRA eventually had to intervene in the practiceA solicitor who repeatedly failed to complete a firm closure notification (FCN) – whilst holding onto his clients’ files, wills and money…
Legal Futures Blog
PM Law’s finance chief disqualified over missing client money
By Neil Rose
PM Law: Nearly £40m missingThe longstanding head of finance and administration (HOFA) at PM Law was involved in moving money from its client accounts and then fabricated the bank balances,…
Legal Futures Blog
Solicitor used client money to keep within overdraft
Probate: Executors not told of money being moved to office accountA veteran solicitor who admitted billing clients for work he had not done to avoid his firm exceeding its overdraft…
Missouri Lawyers Media
Attorney disbarred for misappropriating client funds
By Kallie Cox
Listen to this article An attorney was disbarred by the Missouri Supreme Court after an investigation revealed he misappropriated client funds and engaged in misconduct. The attorney, Adam Gohn, closed…
Legal Futures Blog
Law firm wrongly paid out £2.5m of client monies, High Court rules
By Neil Rose
A law firm paid away £2.5m in client monies without instruction and also forged its client's signature on multiple documents, the High Court has decided. The post Law firm wrongly…