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LSB approves relaxation of separate business rule

24 July 2015

The Legal Services Board has approved radical reforms of the separate business rule for solicitors, while noting that the changes “carry some risks to consumers”. Information on the difference between regulated and unregulated services is to be tested with consumers before the change comes into force.


Law Society to target big business in new “solicitor brand” campaign

23 July 2015

The Law Society’s membership board has approved plans for a long-term campaign to boost the ‘solicitor brand’, which will include bigger businesses and in-house lawyers as buyers of legal services. It is due to be launched next year.


Accountancy and legal ABS aims to be one-stop shop for SMEs

23 July 2015

A former high-flying banker, who worked at Lehman Brothers before the crash, has told Legal Futures how he developed a plan to set up a pioneering alternative business structure while travelling in Vietnam. Zahid Hussein said he wants Z Group to be an integrated one-stop shop for SMEs.


Barnett “very surprised” by striking-off and considering appeal

23 July 2015

Richard Barnett, former chair of the Law Society’s land law and conveyancing committee, has told Legal Futures that he is “very surprised” at the decision by the Solicitors Disciplinary Tribunal (SDT) earlier this week that he should be struck off.


Gender balance among practising barristers “unlikely ever to be achieved”, Bar Council report warns

22 July 2015

An equal gender balance among practising barristers is “unlikely ever to be achieved” if current trends continue, a Bar Council report has warned. However, there was better news on BAME representation, which is due to hit 20%.


SRA: Cyber criminals stalking legal profession

22 July 2015

The legal profession is one of the sectors of the economy most frequently the subjects of data breaches and increasingly the target of scams and attacks cyber criminals, according to the Solicitors Regulation Authority.


RateMyBarrister becomes legalbods.com

22 July 2015

First he allowed solicitors to join, now the founder of RateMyBarrister is relaunching the website as legalbods.com, because “people who need legal advice often ask if anyone knows any good ‘legal bods'”. William Rees said his focus was on obtaining more detailed data from clients.


Legal regulators urge government to ease burdens on ABSs

21 July 2015

Legal regulators have called on the government to make a series of changes to the Legal Services Act that will make it easier to approve and regulate alternative business structures. The move is part of the first output from joint work being done by all of the legal regulators to identify opportunities for deregulation.


Family law solicitors and barristers at war over advocacy competence

21 July 2015

Barristers’ complaints about the quality of solicitor-advocates in family law cases are really about concerns over falling workloads, solicitors have said. Law Society president Jonathan Smithers accused the family Bar of “denigrating solicitor colleagues under the guise of a concern for quality”.


LSB hunts for second chief executive in a year after Moriarty quits

21 July 2015

Legal Services Board chief executive Richard Moriarty is to leave the post next February after just a year in the role, it was announced today. Mr Moriarty is returning to the Civil Aviation Authority as its deputy chief executive and group director for consumers and markets.

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Beyond PCP: Can regulators and lawyers work better together next time?

Nearly a decade after the Financial Conduct Authority began investigating the car finance industry, the story of the PCP commission scandal is still unfinished.


Accountability has to live within governance, not with one person

The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.


The SRA’s client money reforms: good intentions, questionable execution

On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.


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