The Solicitors Regulation Authority is to end the monopoly currently enjoyed by the Law Society’s ‘Find a Solicitor’ website, by making the data behind it available to commercial comparison sites. It is also to set up own “online regulatory register” for the public.
Professor Avrom Sherr, one of the country’s leading legal academics, has said that “nobody listens to the Law Society” since it lost its regulatory role.
The Law Society made a one-off payment to its now retired chief executive Des Hudson under a ‘settlement agreement’ to offset a non-compete clause, it has emerged.
The Lord Chancellor should be a “very senior lawyer”, Nicholas Lavender QC, chairman of the Bar Council, has said. Support for the role being held by a lawyer also came from the Chartered Institute of Legal Executives.
More than 2,700 law firms have signed up for Lender Exchange, a website which stores information about conveyancing panel firms for mortgage lenders. However, negotiations with the Law Society over a relationship with the Conveyancing Quality Scheme have stalled.
The Law Society has invested over £5m in a new online conveyancing system, to be launched next spring, which aims to revolutionise the home-buying process.
Solicitors Regulation Authority plans to make it easier for multi-disciplinary practices to be licensed as alternative business structures will give the large accountancy firms a competitive advantage, the Law Society has claimed.
Solicitors are concerned about the lack of certainty on the UK’s future relationship with the European Union, the Law Society has warned the government. It also revealed research that showed that every 100 jobs in the legal services market supports 67 elsewhere in the economy.
The Law Society’s latest advertising campaign, launched today, highlights the role of solicitors as regulated professionals, under the slogan ‘Use a Professional. Use a Solicitor.’
Richard Barnett, former chair of the Law Society’s land law and conveyancing committee, has been referred to the Solicitors Disciplinary Tribunal (SDT).