Current open consultations

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29 March 2010


Name: Moving toward a fairer fee policy: transitional arrangements
Who: Solicitors Regulation Authority
Closing date: 16 April
In brief: The third consultation on fee policy, this considers ways to moderate the impact of using the firms’ turnover figure to set the new turnover-based fee, where firms have subsequently been hit by the recession.
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Name: Development of authorisation to practise arrangements
Who: Bar Standards Board
Closing date: 1 June
In brief: The board proposed a strengthened approach to the practising certificate renewal process which is more directly linked to compliance with the criteria that must be met in order to practise as a barrister, such as CPD and professional indemnity insurance cover.
To find out more, click here.


Legal Futures Blog

Joint (ad)ventures in the legal sector

Nigel Wallis lo res

We all know that nothing in life is certain. As the actor, director and philosopher Clint Eastwood once said: “If you want a guarantee, buy a toaster.” He also said he’d tried being reasonable and didn’t like it. They should teach this kind of philosophy in law school. One thing in life is reasonably certain though. If you’re a law firm worth your salt, at some point you will be approached by another entity (most probably a work introducer) with a whizzy idea to ‘partner’ with you to ‘help you accelerate your growth’. In commercial speak this means, ‘we’d like to keep feeding you work but we’d also like to share in your profits’. The arrangement may be pitched to you as a joint venture – a win-win no less.

March 27th, 2017