Latest news
Stobarts, MyHomeMove and Riverview outline ambitious growth plans
Three of the best-known innovative players in legal services have revealed ambitious plans for the future, building on strategies that have seen them develop rapidly in a fast-changing market. They were speaking at this week’s Legal Futures conference.
Lawyers face £1.4m bill after government confirms end to ‘free’ ombudsman cases
Thousands of law firms are set to contribute £1.4m to the Legal Ombudsman after the government confirmed that they will no longer be eligible for two ‘free’ complaints every year. Meanwhile, LeO has not ruled out entertaining complaints by third parties, such as against the opposing party’s lawyer.
Unsustainable pricing means most conveyancing firms are "bust", says leading enterpreneur
Fewer than half of the current number of residential conveyancing specialist firms will be in business within three years and probably just one in ten, according to the entrepreneur who founded the UK’s most successful property website.
First successes in red tape challenge with SRA set to sweep away City irritants
The end of the “crazy” requirement that law firms have to go through multiple notification processes to nominate the same people as compliance officers for affiliated entities is in sight as one of the first changes flowing from the Solicitors Regulation Authority’s ‘red tape challenge’.
Get advice and service right, and price becomes less important – major survey of client needs
Quality of legal advice and service still trump cost when clients choose a lawyer, although certainty about price and a firm’s use of technology are increasingly important, according to a major survey of client needs being released at today’s Legal Futures conference.
Hudson: give law firms option of ditching client account
The Law Society is to investigate giving solicitors the choice of not having a client account as a way to reduce the cost of regulation, it has emerged. Chief executive Des Hudson said the “cost and burden of regulation will have to fall” to enable solicitors to compete.
Let the Bar regulate solicitor-advocates? Are you having a laugh, asks Law Society?
Law Society chief executive Des Hudson has responded to calls for all advocates – including solicitors – to be regulated by the Bar Standards Board by saying: “Are they having a laugh?” And SAHCA chief says QASA and ABSs give solicitor-advocates a “golden opportunity” to compete with barristers.
Neuberger: legal education and training review may be fatally flawed
The Legal Education and Training Review may end up “unbalanced or worse” because it has incorrectly identified its purpose, the president of the Supreme Court warned last night. Lord Neuberger also questioned the need for root-and-branch change.
Law firm franchise reinvents itself as online legal service for businesses
Simplify the Law – a law firm franchise concept which launched last year – has reinvented itself as an online legal service that aims to help commercial lawyers repel new competition in the market, Legal Futures can report.
Hate the Handbook? Curse the code? SRA sets out ‘red tape challenge’
The Solicitors Regulation Authority will next month launch its own version of the government’s Red Tape Challenge, chairman Charles Plant announced yesterday at the official opening of the authority’s new headquarters in Birmingham.
Blog
When AI becomes a line on the client’s bill
On 23 June, Legora changed how it charges. The platform announced that its most capable product was moving away from a flat per-seat licence fee to consumption-based pricing
Which legal AI will still matter in 12 months?
Four years ago, when senior partners asked me which legal AI they should buy, I would have walked them through a vendor comparison. Now I tell them the question is wrong.
Supreme Court redraws line between member and employee in LLPs
For anyone advising professional services firms on LLP structuring, and of course for those in LLPs themselves, last week’s Supreme Court ruling is an essential read.
