Latest news
Riverview to change strategy and “grow by acquisition” in response to demand
Riverview Law, the combined law firm and barristers’ chambers that sells fixed-fee advice to businesses, is to shift its strategy of organic growth to one of acquisition to meet unexpected demand just two months after it launched.
ABSs will spark City “litigation revolution” and de facto fusion, says SRA chief
The UK is on the cusp of a “litigation revolution” involving boutique alternative business structures offering externally-funded contingency fee deals, according to the chairman of the Solicitors Regulation Authority, speaking at yesterday’s Legal Futures conference.
Peers reinstate three amendments as clock begins to tick on LASPO
The House of Lords yesterday reinstated three of its amendments to the Legal Aid, Sentencing and Punishment of Offenders (LASPO) Bill to intensify the battle of wills with the Commons. The bill needs to be finalised by next Monday.
Will-writing and estate administration to become reserved legal activities
Will-writing and estate administration should become reserved legal activities, the Legal Services Board has recommended. The long-awaited conclusions of its statutory investigation also highlighted the need to improve standards among regulated providers like solicitors.
SRA to tell insurers: disclose your credit rating to solicitors
Professional indemnity insurers will have to disclose their credit ratings to solicitors under plans to be approved by the SRA next month. However, it is to drop the requirement that insurers give policyholders a month’s notice of their intention not to renew cover.
LSB to investigate regulating all "general legal advice"
The Legal Services Board is to examine whether ‘general legal advice’ given to consumers should be regulated, it announced today, but has rejected the Solicitors Regulation Authority’s call for all solicitor-type services to be reserved.
Not-for-profit providers “should be able to charge” for legal advice
Law centres and other not-for-profit organisations should be allowed to charge for advice to help counter the impact of legal aid cuts and reduced local authority funding, the Legal Services Board said today.
COLP and COFA nomination process to begin next month – but you might not be approved in time
Law firms will be able to start nominating the compliance officers for legal practice and for finance and administration at the end of May – but the Solicitors Regulation Authority has admitted they may not all be approved by the start-date of 31 October.
Barristers and solicitor launch unique law firm dedicated to private prosecutions
Two barristers and solicitor have opened the first law firm dedicated to bringing private prosecutions. Edmonds Marshall McMahon is focused particularly on fraud, counterfeiting and corporate crime.
Law Society to “put its money where its mouth is” with COLP advice service
The Law Society is to pilot an initiative that will provide advice to compliance officers for legal practice (COLPs) and then stand by the COLP if it is then challenged by the Solicitors Regulation Authority.
Blog
A familiar story?
There is no doubt that the rising cost of clinical negligence claims deserves attention. However, the system’s true cost driver is often not the claim itself.
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.
