Latest news
Case fees causes collapse in number of law firm complaints to FOS
The number of complaints to the Financial Ombudsman Service brought by law firms and CMCs has collapsed in the wake of the new case fee.
Legal Services Board sets out scope of Mazur review
The Legal Services Board is to probe “the scale and impact” of breaches of the right to conduct litigation in the wake of the Mazur ruling.
Fifth of law firms looking to option of private equity backing
A fifth of law firms are considering private equity investment as a route to growth and transformation, according to new research.
Minister urges litigation funders to embrace self-regulation
All third-party funders should join the Association of Litigation Funders while the government decides on the way forward for the sector, the courts minister said this week.
Consultancy for law firms and investors spins out of City practice
A specialist strategic consultancy advising lawyers, investors and regulators has spun out of a City law firm as demand for help in navigating the legal market grows.
Law firms disagree on what should be considered a complaint
Law firms are divided over what should be regarded as a complaint from clients, a survey by the Solicitors Regulation Authority has found.
Compensation levels off the table in MoJ whiplash reforms review
The Ministry of Justice has launched a call for evidence to inform its review of the whiplash reform programme, but made clear the damages tariff is not up for debate.
Judge surprised that paralegal did not know legal limits of her work
The High Court has expressed surprise that a paralegal did not know more about the restrictions that the reserved legal activities imposed on her work.
Justice charity gears up to award collective action grants
The Access to Justice Foundation has announced its strategy for dispensing grants from money received from collective actions.
Judge slashes law firm’s costs because of Mazur
A regional costs judge has described how he applied the ruling in Mazur to cut the costs awarded to a law firm in a housing possession case from £3,000 to less than £500.
Blog
Change in regulator shouldn’t make AML less of a priority
While SRA fines for AML have been climbing, many in the profession aren’t confident they will get any relief from the FCA, a body used to dealing with a highly regulated industry.
There are 17 million wills waiting to be written
The main reason cited by people who do not have a will was a lack of awareness as to how to arrange one. As a professional community, we seem to be failing to get our message across.
The case for a single legal services regulator: why the current system is failing
From catastrophic firm collapses to endemic compliance failures, the evidence is mounting that the current multi-regulator model is fundamentally broken.
