LEGAL FUTURES » IPReg

LSB lays down challenge to regulators – prove you can do the job or face action

Neil Rose — Thu, 13 Dec 2012 00:00:04 +0000

The Legal Services Board (LSB) has told the regulators it oversees that now is the time for them to prove they can deliver what is expected of them, warning that it will put their promises “to the test”. The LSB said its focus in 2013/14 will be on the performance of the regulators.

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In brief: latest ABS, Co-op wins contract, top firms “don’t want” external cash, SRA race probe

Neil Rose — Thu, 29 Nov 2012 00:03:03 +0000

Our regular round-up of important news nuggets includes the newest SRA-licensed ABS, an advice contract for the Co-op, a survey of top firms on how they are changing, a probe of SRA files to identify any racial discrimination, heavy fine for spam texters and much more.

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£50,000 cap on claims against IP ABSs criticised

Legal Futures — Fri, 14 Sep 2012 06:03:45 +0000

A proposed £50,000 cap on compensation claims against alternative business structures licensed by the Intellectual Property Regulation Board is too restrictive, it has been argued as the board prepares to become an ABS licensing authority.

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News in brief: CIPA chief eyes ABSs, Co-op boss to bow out, law firms are “cybercrime target”, and more

Legal Futures — Sun, 10 Jun 2012 23:04:19 +0000

Our regular round-up includes strong backing for intellectual property ABSs, Eddie Ryan leaving Co-operative Legal Services, a new digital copyright licence for law firms, an "unacceptable" lack of transparency over PII commissions, and a warning that law firms are being targeted by online espionage.

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Law firms to have extra year before publishing diversity data as LSB flags concerns over Bar exemptions

Legal Futures — Wed, 30 May 2012 23:04:37 +0000

Law firms are to have an extra year before they must publish staff diversity data, after the Legal Services Board approved Solicitors Regulation Authority plans for a delay. But it was unhappy with the Bar Standards Board's proposal to exempt chambers of fewer than 10 people.

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IPReg set to apply this year to become ABS regulator number 3

Legal Futures — Mon, 21 May 2012 23:01:29 +0000

The Intellectual Property Regulation Board (IPReg) will apply this year to become an alternative business structure licensing authority, it has emerged, joining the Solicitors Regulation Authority and Council for Licensed Conveyancers.

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Regulators and professional bodies strike MDP deal

Legal Futures — Thu, 03 May 2012 23:04:51 +0000

Twelve regulators and professional bodies from the legal, accountancy, financial and property sectors have finally signed a formal agreement aimed at co-ordinating the oversight of multi-disciplinary practices.

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News in brief: £1m anti-Jackson ad campaign, Law Society enters The Cube, and more

Legal Futures — Tue, 03 Jan 2012 00:03:16 +0000

Our round-up of other significant news stories includes a law firm using its new PI advertising campaign to highlight its opposition to the Jackson reforms, and the Law Society/SRA moving into swish new Birmingham offices.

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ILEX is first to receive LSB clean bill of health on regulatory independence

Legal Futures — Thu, 21 Jul 2011 23:03:35 +0000

The Institute of Legal Executives is the first approved regulator to receive a clean bill of health for its internal governance arrangements for 2011. The Legal Services Board is currently reviewing the regulatory independence certificates submitted by each approved regulator where there is also a linked representative body. There is no news yet on either the Law Society or Bar Council's certificates.

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A single regulator for all lawyers post-ABS is “logical and plausible”, says LSB report

Legal Futures — Sun, 26 Jun 2011 23:00:34 +0000

A single regulator for all legal services is “logical and plausible”, but not inevitable, a report for the Legal Services Board has concluded. Former Ministry of Justice official Nick Smedley argued that the existence of multiple regulators “focused on the differences of individual practitioners” is unlikely to be relevant in a post-alternative business structures market.

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