Legal Services Board

Exclusive: LSB bids to calm senior judges’ worries over its vision for regulatory reform

Baroness Hale

The Legal Services Board is to meet with the deputy president of the Supreme Court, Baroness Hale, after she expressed the senior judiciary’s concern over its statement last year that the regulatory objective of ‘encouraging an independent, strong, diverse and effective legal profession’ was “problematic”.

May 19th, 2017

Interim chair for Legal Services Board named with no sign of recruitment process

Simon Davis

A former chief executive of Natural England is to take over as interim chairman of the Legal Services Board next week after Sir Michael Pitt’s term comes to an end without the recruitment exercise for his successor having even begun.

April 24th, 2017

LSB to lead push for “minimum disclosures” by law firms on price and service

Neil Buckley

The Legal Services Board has said it expects frontline regulators to introduce compulsory “minimum disclosures” by law firms on price and service. The LSB was responding to the Competition and Market Authority market study of legal services.

April 20th, 2017

Outstanding value? LSB persuades legal regulators to publish annual costs statements

ICAEW - Chartered Accountants

The Legal Services Board has persuaded all the legal regulators to produce straightforward annual statements on their costs so that practitioners can clearly see how their money is being spent, it has emerged. As a result, the LSB has shut down its cost of regulation project and publish its own statement of costs.

April 12th, 2017

Legal Services Board to dig deep into Law Society’s relationship with SRA in independence probe

Neil Buckley

The Legal Services Board is to review the conduct of the Law Society since autumn 2014 to determine whether Chancery Lane interfered with the Solicitors Regulation Authority’s independence, it has emerged. The wide scope of the investigation indicates that the board will dig deep into the society’s internal workings.

March 28th, 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

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

LSB and SRA accused of putting too much emphasis on competition

Legal Futures Conference Nov16: Innovation

Both the Legal Services Board and the Solicitors Regulation Authority are putting too much emphasis on promoting competition at the expense of the other regulatory objectives they are meant to uphold, the Law Society has claimed. But the SRA has said its plan to allow practising solicitors to operate from unregulated businesses is “overdue”.

February 28th, 2017

Lord Chief Justice “strongly opposes” accountants’ bid to handle litigation and advocacy work

Lord Thomas of Cwmgiedd LCJ

The Lord Chief Justice has outlined his “strong opposition” to a bid to allow accountants to handle tax litigation and advocacy work – and in return come under fire from the body that would regulate them. Lord Thomas described the application by the Institute for Chartered Accountants in England and Wales as “entirely premature”.

February 21st, 2017