The UK government imposes financial restrictions on persons and entities as part of its domestic counter-terrorism regime, as well as those persons proscribed by the United Nations and/or European Union. However, in a recent Law Society survey, 48% of respondents said that they did not check their clients against those sanctions lists.Major change is needed in the way corporate legal work is regulated, according to an independent report published on 26 March. The report follows a review carried out by Nick Smedley, formerly a senior civil servant in the Ministry of Justice, who was commissioned to undertake the work by the Law Society.
Law firms in England and Wales could be putting thousands of pounds of unclaimed client money to a good cause by donating to charity, says the Law Society Charity.
The Law Society Charity is calling on solicitors not to let unclaimed funds gather dust, but to donate them to the charity instead.
Aberdeen Business School at Robert Gordon University is launching a short online course entitled Introduction to Commercial Dispute Resolution, in conjunction with the world respected dispute resolution body the Chartered Institute of Arbitrators (CiArb).
The Law Society has expressed disappointment at a European Court of Justice ruling on 10 February in the West Tankers case. The case revolved around a shipping accident in Italy in 2000, during which a tanker owned by West Tankers and chartered by Erg Petroli collided with Erg’s own jetty.
