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LSB going back to “first principles” as it mulls how to replace Legal Services Act

The Legal Services Board is returning to “first principles” as work begins to consider whether the Legal Services Act 2007 should be replaced, its chairman said today.

March 11th, 2015 | No Comments »

“Unbalanced promotion of competition” puts lawyers’ ethical standards at risk

The “unbalanced promotion of competition” in the legal services market “carries dangers” and puts ethical standards at risk, a major report based on a survey of 966 solicitors and barristers has concluded.

November 26th, 2014 | 1 Comment »

Plant tells “flat earth” Society that SRA independence is inevitable

The outgoing chairman of the Solicitors Regulation Authority has urged the “flat-earthers” at the Law Society to accept that full structural independence for the regulator from Chancery Lane is inevitable.

November 20th, 2014 | No Comments »

Competition and Markets Authority mulls review of legal sector

The Competition and Markets Authority is considering whether to launch a review of the legal services market, it has emerged. It was a report in 2001 by its predecessor, the Office of Fair Trading, which began the process that led to the Legal Services Act 2007.

November 17th, 2014 | No Comments »

Deech calls for full independence for legal regulators

The legal regulators should have full independence, and ‘approved regulator’ role of the Bar Council, Law Society and other professional bodies should be abolished, the chair of the Bar Standards Board argued yesterday.

October 15th, 2014 | 2 Comments »

Revealed: SRA seeks five-fold increase in fining power

The Solicitors Regulation Authority has reined in its ambitions for massive internal powers to fine solicitors and ‘traditional’ law firms, applying to increase the current £2,000 limit to £10,000.

September 24th, 2014 | No Comments »

Legal Ombudsman outlines test for dealing with complaints about MDPs

The Legal Ombudsman has introduced a policy for dealing with complaints about organisations which provide non-legal as well as legal services, such as some alternative business structures and, shortly, accountants who offer probate advice.

September 19th, 2014 | No Comments »

Pitt cools talk of single regulator as he bids to build reform consensus

In his first interview since taking over as chairman of the Legal Services Board, Sir Michael Pitt has cooled talk of a single regulator for all legal services. Sir Michael also praised the Solicitors Regulation Authority for its current programme of reform.

September 15th, 2014 | No Comments »

We need more independence, BSB director says

Dr Vanessa Davies, director of the Bar Standards Board (BSB), has made it clear that the regulator will push for more independence in the future.

September 12th, 2014 | 1 Comment »

LSB chair: regulators need to help push down cost of legal services

More needs to be done to reduce the cost of legal services to meet the needs of small businesses and people who are neither wealthy nor eligible for legal aid, the chairman of the Legal Services Board has said in his first public speech.

September 10th, 2014 | No Comments »