Latest news
“Real appetite” for change as 18 barrister firms make contact with regulator
The Bar Standards Board (BSB) has spoken of a “real appetite” for change as barristers aiming to set up 18 niche advocacy firms contacted the regulator.
Grayling promises crackdown on criminal law referral fees
Justice secretary Chris Grayling has promised criminal law barristers that the government will “take measures” to strengthen the Legal Aid Agency’s ban on solicitors demanding referral fees.
Here come the Americans: LegalZoom gains ABS licence
US online legal services provider LegalZoom – which claims to be the best-known legal brand in America – has today become the first US business to be licensed as an alternative business structure.
Law Society questions value of cab-rank rule
The Law Society has responded to a Bar Standards Board call for evidence on the cab-rank rule by questioning its “operational value”. A survey of solicitors who regularly use barristers found that only one person had actually invoked the rule.
CMCs which break the rules face huge fines
Claims management companies (CMCs) which break the rules this year face potentially huge fines – of up to 20% for those with an annual turnover of more than £500,000. Smaller CMCs can be fined up to £100,000.
Exclusive: Quindell Legal Services chief departs
The chief executive of Quindell plc’s legal services division has left the company, it has emerged. The news comes in the wake of the ABS’s announcement that it is in talks to sell one of its operating divisions to generate cash.
SRA fines firm £2,000 for role in stamp duty avoidance schemes
A small firm in Hertfordshire has become the latest law firm to be fined by the Solicitors Regulation Authority for its involvement in stamp duty land tax (SDLT) avoidance schemes.
LeO: law firms should issue two retainers to consumer credit clients
Law firms should issue two separate retainers to clients where they are provided with consumer credit as well as purely legal services, the Legal Ombudsman has suggested.
Artificial intelligence in the law moves step closer as Riverview teams up with top academics
The application of artificial intelligence (AI) to the legal market has moved a step closer after Riverview Law teamed up with Liverpool University to leverage the university’s leading AI expertise.
Senior partner who became direct access barrister sets up alternative business structure
David Hassall, a senior partner turned barrister whose career mirrors recent changes in legal services, has set up an alternative business structure – which he intends to operate on a ‘John Lewis’ profit share model.
Blog
Awaab’s Law phase 2: New hazards council tenants can now claim for
The conversation on housing disrepair is moving beyond damp and mould alone. With the rollout of phase 2 of Awaab’s Law, the scope of issues covered is expanding significantly,
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.
