Latest news
Tories pledge early action to consolidate client accounts to earn interest for legal aid
The Conservatives will move quickly if elected to consult on plans to consolidate all solicitor client accounts in one place and apply the interest that accrues to the legal aid fund, Legal Futures can reveal.
Revealed: LSB’s contingency plan to regulate ABSs directly
The Legal Services Board is making contingency plans to regulate alternative business structures itself if none of the current approved regulators are up to the task, it has emerged. The LSB’s 2010/11 business plan, published today, says that it will scope out the requirements for direct licensing during the summer.
Conflict over burden of proof delays SRA’s new powers to fine and rebuke solicitors
The Legal Services Board has delayed a decision on whether the civil standard of proof should apply to the Solicitors Regulation Authority’s new powers to publicly rebuke and fine solicitors because of concerns raised by the Law Society and Solicitors Disciplinary Tribunal.
LSB approves SRA’s new transfer scheme
The Solicitors Regulation Authority has overcome a raft of concerns from the Legal Services Board to win approval for the new Qualified Lawyers Transfer Scheme. Some 26% of new solicitors in 2009 were either former barristers or international lawyers.
LSB tells bar regulator to up its game
The Legal Services Board has told barristers’ regulator that it will need to up its game – and perhaps embrace outcomes-focused regulation – to keep pace with liberalisation of the bar. “We expect that the BSB will invest in its skills and regulatory capacity,” it said.
Consumer chief calls for lawyers’ competence to be tested every five years
Lawyers should undergo five-yearly competence testing, as well as face peer review of the advice they provide clients, the chairwoman of the Legal Services Consumer Panel has said.
Index to measure success of legal reforms
A ‘Consumer Welfare Index’ that will measure the effectiveness of the legal services reforms is to be developed by the Legal Services Consumer Panel, it announced today (30 March). The panel will also look to help price comparison websites operate properly in the legal market.
Green light for barristers to join LDPs, but LSB says bar still has a way to go
The Legal Services Board has approved plans to allow barristers to become partners in legal disciplinary practices but warned that the changes “go only part of the way towards opening up the market in the interests of consumers”.
New advocacy scheme goes live on 1 April
The new scheme for solicitors to acquire rights of audience will finally go live on 1 April after the Ministry of Justice gave the SRA the go-ahead. Qualification will be through an assessment based on competence standards, with no experience exemption any more.
Legal Ombudsman heads towards opening
The Legal Ombudsman – the operating name of the Office for Legal Complaints – has officially opened its new home in central Birmingham and announced its first wave of recruitment for more than 300 workers.
Blog
The cost of systemic failure and childbirth injuries
Recent reports show that the NHS has paid almost £3.5bn in medical claims around childbirth injuries over the past six years.
Mazur: when regulators make simple things complicated
What the last six months have shown is that supervision cannot be treated as a background compliance obligation quietly managed somewhere in a firm’s operational processes.
How unstoppable AI is reshaping UK legal practice
At a time when most technology innovation still flows from the US and China, UK lawtech is attracting growing international attention and capital.
