There has been strong interest from new and existing law firms in being overseen by the regulatory arm of the Chartered Institute of Legal Executives (CILEx), it said yesterday, with over 50 enquiries.
The Bar Standards Board has turned to the Chartered Institute of Legal Executives to provide training to members of staff without legal qualifications. Meanwhile, ILEX Professional Standards – CILEx’s regulatory arm – is on the hunt for a new chief executive.
ILEX Professional Standards (IPS) has applied to the Legal Services Board (LSB) to raise the maximum fines limit for chartered legal executives from the current £3,000 to a top level of £50m.
Chartered legal executives will be able to set up their own law firms in the New Year – a move that ILEX Professional Standards said would for the first time also give solicitors’ firms a choice of regulator, and that the government said would help consumers access legal services.
The House of Lords yesterday gave the final go-ahead for chartered legal executives and others with appropriate expertise to offer probate and conveyancing services without the supervision of solicitors.
Fellows of the Chartered Institute of Legal Executors (CILEx) could be carrying out litigation without supervision by solicitors from the end of November, it has emerged.
The Chartered Institute of Legal Executives (CILEx) has won the approval of the House of Commons to grant rights to conduct reserved probate and conveyancing work.
The Department for Business Innovation and Skills has approved the standards for its new legal apprenticeships, allowing young people to qualify as solicitors, chartered legal executives, licensed conveyancers and paralegals through workplace-based training.
The Institute of Chartered Accountants in England and Wales has been given the green light by Parliament to regulate alternative business structures which provide probate services, with dozens of firms already showing an interest in taking advantage.