Month: October 2024

The Board gathered on 22 October 2024 for a meeting dominated by discussion of a series of events that have had significant consequences for the legal services sector: the intervention into Axiom Ince by the Solicitors Regulation Authority (SRA). We had commissioned Carson McDowell LLP, a Northern Ireland firm of solicitors not regulated by the…

Read Chair’s blog: enforcement action against the SRA following Axiom Ince review

An independent review of the Solicitors Regulation Authority’s (SRA) actions before it closed law firm Axiom Ince Limited (PDF) has led to the Legal Services Board (LSB) initiating enforcement action against the SRA. When Axiom Ince stopped trading in October 2023, approximately £60 million in client money was missing and approximately 1,400 people lost their…

Read Enforcement action begun against SRA following Axiom Ince review

The Legal Services Board (LSB) today announces the appointment of barrister Elaine Banton as a non-lay member of the Office for Legal Complaints (OLC). The LSB oversees the OLC, the board of the Legal Ombudsman, making appointments to its board of both lay and non-lay members. Non-lay members are legally qualified. As a barrister, Elaine acts…

Read LSB appoints barrister to the Office for Legal Complaints