Latest news
Claims management company wound up over misused client funds
A Bradford-based payment protection insurance claims management company, has been wound up by the High Court, following an investigation by the Insolvency Service.
Lawyers expect more MDPs and big brands to enter market – and they’re not happy about it
Lawyers expect the opening up of the legal market to lead to more multi-disciplinary professional services companies, offering consultancy, business and legal advice, research has shown.
SRA: law firms should be allowed to provide accountancy services
Law firms should be able to provide accountancy and other services without setting up separate businesses to help them compete with alternative business structures, the Solicitors Regulation Authority has proposed.
Government plans could “undermine our independence”, LSB warns
Chris Kenny, chief executive of the Legal Services Board, said he had written to “senior officials” at the Ministry of Justice objecting to plans that risk “undermining our independence from government”.
SRA to end Law Society’s ‘Find a Solicitor’ monopoly
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.
Knowledge gap between lawyers and consumers “narrowing all the time”
The “traditionally wide” knowledge gap between lawyers and consumers is “narrowing all the time”, Canadian futurologist Jordan Furlong told delegates at this week’s Legal Futures Annual Conference.
SRA in touch with Quindell on “regular basis”
The Solicitors Regulation Authority (SRA) is already in touch with AIM-listed alternative business structure Quindell, it has emerged. There has been widespread speculation about what action the SRA is taking over Quindell, whose share price has nose-dived in recent weeks.
Genus Law makes first acquisition
Genus Law, the Leeds-based alternative business structure formerly known as Brilliant Law that is backed by gambling entrepreneur Bert Black, has made its first acquisition. The purchase of niche employment firm Pharos Legal is a “model for what we’re going to do going forward”.
Exclusive: Connect2Law relaunches with ‘platinum’ law firm members working alongside Parabis
Law firm network Connect2Law has this week been relaunched with a new format and seven ‘platinum’ members who will work alongside leading alternative business structure Parabis.
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.
Blog
Mazur: a symptom not a cause?
If Mazur is a symptom, what does it mean for the underlying health of our civil justice system: the ‘finest legal system in the world’?
Cross-generation collaboration: the key to in-house legal tech adoption
In-house legal function leaders will increasingly have to evolve their thinking on how to manage multigenerational teams containing differing levels of technological expertise.
AI and law firm risk – the view of professional indemnity insurers
In considering law firm applications for cover, many insurers will expect to see evidence of how firms are adapting to AI and preparing for the future.
