A solicitor firm that specializes in conveyancing in the Harrogate and London area has been shut down by the Solicitors Regulation Authority (SRA) following an investigation.
The reason has been cited as the failure to comply with the legal professions accounting rules. Interestingly, back in 2011 the firm was recognized by The Lawyer magazine as the being in the top 10 UK firms by revenue per partner. So all was perhaps not what it seems!
The SRA also said the practising certificate of partner Rajob Ali will be automatically suspended, so he will not be able to practice as a solicitor.
Law firms have been under increasing pressure from the SRA from both a compliance point of view and the authority have been looking at their overall financial stability.
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