Latest news


SRA and claims regulator dismiss Law Society speculation of referral fee ban “difficulty”

9 January 2013

The Solicitors Regulation Authority and the Claims Management Regulator have dismissed a Law Society suggestion that they will not be ready to implement the referral fee ban on 1 April. The society said there was a possibility the pair “may have some difficulty” in doing so.


Bank launches free online work matching service

9 January 2013

A free online business supplier community that allows law firms and other providers to pitch for service requirements posted by other UK businesses has been launched by NatWest and RBS. BizCrowd aims to take online the bank manager’s role in connecting businesses.


SRA mulls making firms that want to hold client money seek permission

8 January 2013

The Solicitors Regulation Authority giving solicitors positive permission to hold client money is one of the options it will consider as part of the review of conveyancing, it has emerged. It has also expressed concern about mortgage lenders using solicitors as an insurance policy against problems.


ABS start-up targets combination of legal and non-legal advice for SMEs

8 January 2013

A start-up company aimed at offering small and medium-sized businesses a wide range of legal and non-legal advice has received its alternative business structure (ABS) licence from the Solicitors Regulation Authority.


Consumers not empowered enough to drive competition in legal market, says study

8 January 2013

Regulators face an “uphill struggle” to put consumers in a position where they can be useful in helping to driving competition in the legal market, a study has warned. The Legal Services Consumer Panel suggested consumers are “currently not very empowered” and lack confidence.


Cherie Booth’s international government consultancy wins ABS licence

7 January 2013

An international boutique legal consultancy headed by Cherie Booth QC, which advises governments on strategy, has received an alternative business structure licence from the Solicitors Regulation Authority. Omnia Strategy hit the headlines last year when it was reported to be advising the government of Bahrain.


Stress dominates calls to LawCare as charity outlines concerns over alcohol danger

7 January 2013

Stress continues to dominate calls to legal healthcare charity LawCare, and this in turn leads some lawyers to alcoholism later in their careers, its review of 2012 has said. More than two-thirds (69%) of the 378 case files opened last year related to stress.


Government seeks to overturn Lords vote bringing bailiffs within LeO's remit

7 January 2013

The government is to try and overturn a House of Lords vote that the Legal Ombudsman’s (LeO) jurisdiction should extend to bailiffs – although the ombudsman himself has said he is open to the idea. Shortly before Christmas, peers voted 233 to 191 in favour of an amendment to the Crime and Courts Bill.


ABS first as individual non-lawyers invest in firm

4 January 2013

The first law firm with individual non-lawyer investors has been granted its alternative business structure licence. Everyman Legal – which both employs lawyers at its Oxfordshire base and has developed a network of home-working solicitors around the country – has six private investors who will shortly become shareholders of the firm.


Hogan Lovells and 39 Essex Street survive as LSB rejigs its legal advisers panel

4 January 2013

The Legal Services Board has rejigged and expanded its legal advisers panel, although its two previous main sources of external advice – City firm Hogan Lovells and London chambers 39 Essex Street – have retained their places on it.

← Older posts Page 1148 of 1234 Newer posts →

Blog


Amplifying reach through employee-driven thought leadership

Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.


Divorce escrow: asset sales before final settlement

When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.


AML lacks clarity – and standards are suffering

If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.


Loading animation