The essential guide to conduct, compliance and competence, and the Legal Services Act
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Solicitors warned over store-card fraud
Solicitors need to be vigilant about large debts being run up in their name as a result of fraudulent store card applications, Legal Futures Associate the Lawyers Defence Group has warned. The legal defence and advice organisation raised the alarm after it was revealed by one popular DIY store that a number of solicitors have been targeted in this way.
Solicitors to bear vast bulk of LSB and Legal Ombudsman’s £25m annual running costs
Solicitors are set to shoulder the vast majority of the Legal Services Board (LSB) and Legal Ombudsman’s (LeO) £25m annual running costs for the next three years at least, it emerged today. The LSB confirmed that it would proceed with its plan to levy its own £5m costs on the basis of the number of authorised persons overseen by each approved regulator, and most of LeO’s £20m costs based on the number of complaints generated by each group.
The future of criminal legal aid practice? The one-stop shop barrister/solicitor LDP
It is “absolutely inevitable” that criminal legal aid practices will need to morph into a cross between a solicitors’ firm and barristers’ chambers, one of the founders of a groundbreaking firm in the north-east of England has claimed.
CML and Law Society committee look at making title insurance compulsory
The Council of Mortgage Lenders is investigating the case for making title insurance compulsory for all conveyancing transactions, it has emerged, as a Law Society committee said it should be looked at as a way to reduce solicitors’ professional indemnity insurance premiums.
SRA given green light to fine solicitors
The Solicitors Regulation Authority (SRA) will be able to formally rebuke solicitors and fine them up to £2,000 from next month, it has been confirmed. However, the potential conflict between the civil standard of proof that will be applied in such cases and the criminal standard used by the Solicitors Disciplinary Tribunal – which will hear appeals against SRA decisions – has not yet been resolved and is likely to require further work.
