Latest news
"Door is open" on regulation of will-writing, Kenny says
The government may look again at the question of whether to regulate will-writing, the chief executive of the Legal Services Board has indicated. Justice minister Shailesh Vara has left open the door “for further consideration”, Chris Kenny said.
CML warns on indemnity reforms: “Lenders will cut their panels”
Small firms and sole practitioners could be removed from conveyancing panels if the Solicitors Regulation Authority goes ahead with its indemnity insurance reforms, the Council of Mortgage Lenders (CML) has warned.
SRA slashes ABS licensing backlog
The Solicitors Regulation Authority has slashed its backlog of ABS licensing applications from 142 in January 2013 to 52 in April this year, it has emerged. The average age of work-in-progress ABS applications is now three months.
Grayling tells LSB to work towards its own abolition
The Lord Chancellor has set the Legal Services Board the task of working towards its own abolition as part of a push to reduce the burden of regulation on the legal profession, he revealed yesterday.
Partners in the spotlight as a fifth of firms report “competence failures”
Almost a fifth of firms have reported “failures in competent legal service delivery” in the last 12 months, a major study for the Solicitors Regulation Authority has found.
ASA orders leading PI firm to stop adverts due to NHS ‘confusion’
A well-known personal injury firm has been ordered to stop running a TV advert which directed clients to its NHSLaw.co.uk website, on the grounds that the public might confuse it with the National Health Service.
Not-for-profit’s groundbreaking ABS eyes expansion
In the third part of our series in which we catch up on the progress of the new breed of alternative business structures (ABSs), we speak to Castle Park Solicitors, which was the first ABS to be created by a legal advice charity.
New law to target “corrupt lawyers” who help criminals
“Corrupt lawyers” who help who organised crime gangs and hide behind a “veneer of respectability” will be targeted by a new offence, the Home Office announced yesterday.
Firms should consider setting ethnic minority diversity targets, says SRA
Law firms should consider setting diversity targets for BME lawyers and staff, just as some have done with women, the Solicitors Regulation Authority has said.
Medium-sized firms lead way on fee income, profits and PEP
Law firms with 11 to 25 partners are leading the way out of recession, with rising fee incomes, net profits and a 21% surge in profit per equity partner (PEP), research has found.
Blog
Motor finance – the FCA is more worried about banks than consumers
The Financial Conduct Authority’s motor finance redress scheme announced last week amounts to one of the largest ever consumer failures by the regulator.
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.
