Tag Results

Will-writer eyes conveyancing opportunity after receiving ABS licence, while IFA plans MDP

A will-writer is planning to use his new alternative business structure (ABS) licence to expand into the conveyancing market, Legal Futures can report. Further, an IFA is planning a specialist multi-disciplinary ABS with a law firm focusing on the over-55s.

September 12th, 2012 | Comments Off

The satisfied probate client: face-to-face advice from a solicitor on a fixed fee, says major survey…

Consumers of probate and estate administration services are significantly more satisfied when they receive their advice face to face, rather than by e-mail, post or telephone, major research has found, while those on fixed fees pay a third less than those charged by the hour.

March 19th, 2012 | 1 Comment »

Regional accountancy firm unveils plan to become ABS

A regional firm of accountants is planning to become an alternative business structure (ABS). Becoming an ABS will allow Spofforths to improve the private client service currently provided by an in-house legal team and in time become a legal brand in its local market.

November 25th, 2011 | 1 Comment »

In-Deed: we will invest in law firms to build consumer legal brand

AIM-listed In-Deed has today become the first business to announce its explicit intention to invest in law firms. The company is looking for approaches from “successful and profitable provincial legal practices” to help make In-Deed a leading consumer legal brand.

November 10th, 2011 | 2 Comments »

Bid to shut down will-writing companies as LSB launches regulation evidence call

The Insolvency Service last week presented petitions to wind up three will-writing businesses. The news comes as the Legal Services Board issues a call for evidence on whether to make will-writing, the entire probate process and estate administration reserved legal activities.

September 6th, 2011 | No Comments »

Saga markets probate service with dig at lawyers “exploiting bereaved people”

Some lawyers and financial advisers may be exploiting bereaved families by overcharging for probate, over-50s organisation Saga has suggested – pointing consumers to its own, cheaper, legal services arm instead. It says it will charge 1% of the estate, compared to up to 5% by other providers.

July 19th, 2011 | No Comments »

LSB launches formal probe into regulating will-writing, probate and estate work

The Legal Services Board today launched its first statutory investigation into whether to extend the scope of regulation, after its consumer panel recommended making will-writing a reserved activity. It goes further, however, by looking at what measures are required to protect consumers in the probate and estate administration markets as well,

July 14th, 2011 | 2 Comments »

Mayson: expand list of reserved legal activities

Conveyancing, immigration advice, preparing wills and powers of attorney, and estate administration should all become reserved legal activities, a leading thinktank has recommended. However, the report from the Legal Services Institute – headed by Professor Stephen Mayson – says this work should not be the sole preserve of the legally qualified.

February 10th, 2011 | 2 Comments »

Can ABSs spark a revolution in wills and probate services?

Daniel Curran looks at how ABSs could improve the offering in the wills and probate market, and where probate genealogists fit in with the mix. On the face of it, he says, this should be one area where the benefits of the ongoing reform of legal services regulation should be most keenly and most beneficially felt by consumers.

September 30th, 2010 | No Comments »