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Legal Services Board fury after IBA claims it is under “government control”

26 September 2016

The Legal Services Board has reacted angrily to a draft report from the International Bar Association which said the oversight regulator was subject to “a degree of government control”, because “the LSB is funded by the Ministry of Justice, and all its members are appointed by the Lord Chancellor”.


SDT slams regulator for “shambolic” handling of banking facility case

26 September 2016

The Solicitors Disciplinary Tribunal has slapped down the Solicitors Regulation Authority for its conduct in a disciplinary case involving alleged money laundering, describing it as having “verged on the shambolic” and dismissing five out of the seven charges laid.


Co-op Legal Services recovery continues with growth in sales and profit

23 September 2016

Profit is continuing to rise at Co-operative Legal Services (CLS), half-year results published today have revealed. In the first six months of 2016, sales rose 10% to £11m, and it made a £1m profit – having broken even during the same period of 2015.


Criminal Bar urges government action to stamp out solicitors’ “corrupt practices”

23 September 2016

Criminal defence work is still beset by the “corrupt practices” of a minority of solicitors, as well as law firms sending incompetent in-house advocates to court – instead of instructing counsel – because of the financial benefits, the chairman of the Criminal Bar Association has claimed.


Diamonds are not forever – SRA “will shut down” firms involved in dodgy investment schemes

23 September 2016

The Solicitors Regulation Authority has revealed that it is investigating law firms involved in “dubious” high-yield investment schemes – and promised to close down those practice involved in them “urgently”. It said these schemes were costing consumers “many millions” of pounds,


Law Society and Bar Council condemn regulators for “attacks” on profession

23 September 2016

The Law Society has raised its opposition to the Solicitors Regulation Authority’s (SRA) plan to allow practising solicitors to operate from unregulated law firms to an unprecedented level, issuing a report that said there would be little or no economic benefit from the move.


Exclusive: Saga exits legal services – for now

22 September 2016

Saga, the over-50s insurance and travel company, has closed its legal services business, Legal Futures can reveal – but said it may yet return to the market in future. The company was hit by the collapse last year of Parabis, with which it had set up a joint venture alternative business structure, Saga Law, in late 2013.


Lawyers need to prepare for “customer service revolution”

22 September 2016

A regulatory agenda that is looking to help consumers shop around for legal advice means that many law firms are running out of time to get to grips with customer service, a report being launched at today’s PI Futures conference has warned.


Solicitor removed from injured child case over conflict of interest

22 September 2016

A court has arranged for a woman whose child suffered “shocking” injuries at home to be represented by a new law firm in family law proceedings after her previous solicitor was found to have a conflict of interest on both professional and personal grounds.


SDT strikes off solicitor who left “trail of destruction” behind her

22 September 2016

The Solicitors Disciplinary Tribunal has struck off a solicitor after she was convicted on four counts of providing immigration advice or immigration services while suspended from practice. The judge at Luton Magistrates’ Court had described “a trail of destruction towards vulnerable people she left in her wake”.

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Understanding the legal finance market is important – not just for those actively involved in it day-to-day but also for leaders within law firms.


From ‘year zero’ to £6.5m – how a law firm found its second life

In 2018, I hit what I call ‘year zero’. On paper, Olliers Solicitors was a top-tier criminal defence firm but beneath the surface, I could see we were at a crossroads.


Linklaters’ chief growth officer takes the ‘blank sheet’ challenge

In the third and final part of this series, Lucy Murphy, chief growth officer at magic circle firm Linklaters, outlines her vision for the law firm of the future.


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