Our weekly round-up of other relevant news from elsewhere finds alternative business structures on the minds of virtually everyone, whether in England, Scotland, Canada or the USA. If one theme emerges, it is that everyone is waking up to the threats and possibilities inherent in them.
This week’s round-up of other relevant news and comment on the web takes in reaction to our story on an aptitude test for LPC students, Professor Richard Susskind’s thoughts ahead of an updated version of his book coming out, fears of big financial pressures on law firms, a survey that shows solicitors think too much of their own reputation, and much more.
Our weekly round-up of other interesting regulation/Legal Services Act type stories begins with the Law Society Gazette’s ever-interesting Euro blog by Jonathan Goldsmith, secretary-general of Council of Bars and Law Societies of Europe. He looks at a European Commission consultation on how it can encourage e-commerce, with lawyers one of the key targets.
Only two approved regulators currently have open consultations – the Solicitors Regulation Authority on transitional arrangements to its new practising fee arrangements, and the Bar Standards Board on developing authorisation to practise arrangements
Legal Futures Blog
Legal professionals, as communicators, serve a crucial role in social conversations, but have not been quick to adopt a strong presence on social media. Many lawyers are reluctant to start a social media profile as they don’t foresee any benefits to having one. The bottom line is that lawyers won’t get clients from social media if they are not using it. With 62% of adults having a Facebook account, your clients – and competitors – are using social media and you can no longer afford to treat it as an afterthought in the digital age.