Other lawyers

Competition hots up with accountants set for rights to conduct litigation and advocacy work

ICAEW - Chartered Accountants

Accountants are set to enjoy the right to handle litigation, advocacy and legal instruments in taxation work after the Legal Services Board approved an application by the Institute of Chartered Accountants in England and Wales. Its recommendation will now go to the Lord Chancellor for approval, despite the opposition of the Lord Chief Justice.

June 26th, 2017

Passed on Thursday, in force today – new AML regulations thrust on profession

Money Laundering Series

Law firm compliance officers and money laundering reporting officers have been scrambling to get to grips with the biggest shake-up in anti-money laundering rules in a decade, with the final regulations – which were only published on Thursday – coming into force today.

June 26th, 2017

Legal regulators eye piloting new price and service transparency requirements

Vanessa Davies

Plans to force lawyers to be more transparent about their fees and complaints records could first be piloted across areas of work that have different regulators. The Solicitors Regulation Authority could also widen its plan for an online register of solicitors’ regulatory data to encompass all regulated lawyers.

March 9th, 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

CMA responses: Law Society and SRA at odds, but McKenzie Friends are happy

Janet_Paraskeva

The Competition and Market Authority’s report on legal services yesterday provoked a predictably mixed response that pitted the Law Society against the Solicitors Regulation Authority, and found support from the body representing paid McKenzie Friends. Meanwhile, the Council for Licensed Conveyancers called on the Legal Services Board to use its powers to force regulatory independence to happen.

December 16th, 2016

Conveyancing firm apologises for “Christmas premium” letter

Christmas tree

A volume conveyancing firm has apologised after sending out letters to clients asking for an additional £200 fee to “prioritise” their files in the run-up to Christmas. Meanwhile, the Council for Licensed Conveyancers is to launch a ‘secure badge’ to help the firms it regulates combat their websites being cloned.

December 13th, 2016

Notarial firm in ABS first

SONY DIGITAL CAMERA

A notarial firm based in Norwich has become the first to be regulated as an alternative business structure by the Solicitors Regulation Authority. The move was triggered by the decision to appoint its first non-notary employees earlier this year.

November 24th, 2016

MoJ set to press ahead with regulatory independence

Ministry of Justice sign

The Ministry of Justice has no intention of dropping its plans to separate the legal regulators from their representative bodies, it said yesterday as it unveiled reviews of how the Legal Services Board and Legal Ombudsman are operating.

October 28th, 2016

McKenzie Friend firm grows – and thanks judiciary and Bar for the publicity

Mark Grayson

With the unregulated sector and McKenzie Friends under growing scrutiny, one firm of fee-charging McKenzie Friends is continuing to expand by opening new offices and taking on a trainee, who will eventually qualify as a lawyer, its senior partner has said.

September 27th, 2016

Scots seek freedom for their notaries in England and Wales

Scottish boy with the flag of Scotland

The failure to give Scottish notaries public the right to practise in England and Wales is having a “significant impact on clients in terms of cost and inconvenience”, the Law Society of Scotland has claimed. While intra-UK practice rights for solicitors have been in place since 1990, there are no corresponding provisions concerning notaries public.

August 31st, 2016