Legal Services Act

Online marketplace targets “hundreds” of law students to become paid-for McKenzie Friends

Fraser Matcham

A second-year law student in London has launched an online ‘marketplace’ for McKenzie Friends that he hopes will be boosted by “hundreds” of fellow students taking up the opportunity to gain practical experience and offer services to the public on a paying basis.

March 23rd, 2017

Law firm secures financial support from Welsh government to launch global anti-piracy business

CJCH Solicitors

A south Wales law firm has secured a £432,000 grant from the Welsh government to establish a global intellectual property anti-piracy business in Cardiff. The business – which will create 71 jobs by 2020 – is being spun off by CJCH Solicitors, which has expanded in recent years to include a standalone anti-piracy and compliance offering within its IP division.

March 23rd, 2017

Would-be complaints chief says process needs “root and branch review”

Wanda Goldwag

There needs to be a “root and branch” review of the complaints process run by the Legal Ombudsman, with the speed with which complaints are resolved a particular concern, according to the prospective chair of the organisation’s governing body.

March 22nd, 2017

Consumer panel warns against “information overload” in new transparency regime

Dr Jane Martin

The Legal Services Consumer Panel has warned of “information overload” as legal regulators struggle to come to terms with the demands of the Competition and Markets Authority for transparency on prices and complaints.

March 22nd, 2017

Profits up but turnover down for NAH as Underdog faces being sent to his kennel

Underdog NAH

NAHL plc – the legal marketing business that owns National Accident Helpline – has reported a 15% increase in profits despite a small fall in turnover in 2016 that would have been significantly larger had the non-personal injury elements of its business not performed well.

March 21st, 2017

Marketer with ABS connections named next chair of Office for Legal Complaints

Wanda Goldwag

Wanda Goldwag – a marketing specialist turned regulator with a connection to two high-profile alternative business structures – has been named as the Legal Services Board’s preferred candidate to chair the Office for Legal Complaints, the body that oversees the Legal Ombudsman.

March 17th, 2017

Good news at last for Slater & Gordon as new lenders want “solvent restructure”

Slater & Gordon sign

Shares in Slater & Gordon (S&G) soared overnight – albeit from an historically low base – after it told investors that its new lenders “fully intend to implement a solvent restructure of the company”. Its share price rose 46% to 13c, having dipped to an all-time low of 7c a fortnight ago.

March 17th, 2017

Metamorph heads south with deal securing trio of offices

Legal Futures Conference Nov16: Innovation

The expansion of consolidator Metamorph Law has continued after it took on the private client practice of a firm in Hampshire, its first venture in the south of England. Some 17 fee-earners and six support staff have set up new offices in Southampton, Lymington and Basingstoke.

March 17th, 2017

Exclusive: LSB to have new chair after Pitt decides against applying for reappointment

Sir Michael Pitt2

The Legal Services Board is to have a new chair after incumbent Sir Michael Pitt took himself out of the running for a second three-year term, Legal Futures can reveal. His predecessor was appointed for a second term without the position being advertised, but this time there will be an open competition.

March 15th, 2017

National Accident Helpline eyes ABS joint ventures in response to PI reforms

London Stock Exchange

National Accident Helpline is set to invest in personal injury cases for the first time through alternative business structures, it revealed today. It said the government’s PI reforms would catch “less than” 30% of the enquiries it generated for firms but still meant major changes were needed.

March 14th, 2017