Law Society Legal News Summary 15 February 2022


'I want to give my son a house deposit' 

Gary Rycroft, a member of our council membership committee, responds to a  legal query in the Telegraph. The writer wishes to help their son with their housing deposit but fears their daughter-in-law would get half of the money if the marriage ends.
 

SRA's fining powers should not be hiked to £25k 

Today's Wills and ProbateToday's Conveyancerand Today's Family Lawyer report our response to the Solicitors Regulation Authority's consultation on hiking its fining powers from £2,000 to £25,000. 

Law Society president I. Stephanie Boyce said: "We suggest a more appropriate rise – based on statistical data from the SDT [Solicitors Disciplinary Tribunal] – would be somewhere between £5,000 to £7,500, based on analysis of previous fines imposed over the last three years." 

Read our press release
 

Should lawyers go on strike? 

Jonathan Goldsmith, a member of Law Society Council, discusses in the Gazette whether lawyers can strike and what effects this could have.
 

Also worth a read: 

  • UK wage growth fails to keep pace with inflation – GuardianFT (£), and BBC
  • Law firm revenue on the rise - City A.M.
  • Free covid-testing to be axed – Times (£)
  • Met Police: Some officers are racist – BBC
  • Crucial window for diplomacy remains in Ukraine – Guardian

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