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Don’t fear AI, says tech chief – it will mean there are more lawyers in the future

31 March 2016

There will be more lawyers in the future, not fewer, the head of Rocket Lawyer UK has predicted. Mark Edwards said that the size of the legal services market would grow, and the playing field between regulated and unregulated law firms be levelled.


Law Commission considers “incentivising” conveyancers to detect fraud by imposing new duties

31 March 2016

Conveyancers may need to be placed under extra duties of care so as to reduce the risk of fraudulent changes being made to the Land Register, the Law Commission has suggested. A major review of the Land Registration Act 2002 also put forward ways the law could encourage the development of electronic conveyancing.


Bar Standards Board set to become ABS licensing authority

30 March 2016

The Bar Standards Board has received the green light to license alternative business structures. The approval from the Legal Services Board needs to be confirmed by the Ministry of Justice. The BSB’s initial focus will be on “low-risk, advocacy focused ABSs”.


Legal services market is failing us, say small businesses

30 March 2016

This is a “considerable failure” of the legal services market to meet the needs of small businesses, a major lobbying group has told the Competition and Markets Authority. The Federation of Small Business said the barriers small businesses face in resolving legal problems were “numerous”.


Virtual assistants will mean fewer lawyers, Riverview predicts

30 March 2016

The spread of virtual assistants will not remove the need for lawyers but it will reduce their number, the chief executive of Riverview Law has predicted. Karl Chapman said he was “amazed” by the number of lawyers doing things they did not need to do.


CMC fights off challenge from Lloyds over PPI advert

30 March 2016

Crystal Legal Services, a claims management company (CMC), has seen off a challenge from Lloyds Banking Group to one of its PPI adverts after three other CMCs had fallen foul of complaints by the bank.


SRA fines family lawyer for failing to record cash payments

29 March 2016

A family lawyer who failed to record cash payments from clients has agreed to a £2,000 fine by the Solicitors Regulation Authority, while in another regulatory settlement agreement, a former head of private client at a West Midlands law firm agreed to remove herself from the roll following poor file management.


Denton’s IT accelerator looks short and long term with Apperio investment and ROSS expansion

29 March 2016

NextLaw Labs, the business accelerator set up by global law firm Dentons, has invested in an IT product which claims to improve the transparency of fees and cement the bond between lawyers and corporate clients. Meanwhile, another of its investments, AI venture Ross, is opening up to more law firms.


Land Registry can sue conveyancers for mortgage misrepresentations, High Court rules

29 March 2016

The Land Registry can sue a former law firm for negligent misrepresentation in not checking whether a mortgage discharge form was genuine, the High Court has decided. Master Matthews admitted there was no fiduciary relationship between law firm and Land Registry.


High Court quashes Legal Ombudsman’s decision against barrister – because there was no complaint

24 March 2016

The High Court has strongly criticised the Legal Ombudsman as it quashed a decision sanctioning a barrister for pursuing court action against a direct access client for fees – when the client had not complained about it. It also expressed surprise at “the vehemence of the language used by the LO” in its finding.

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Accountability has to live within governance, not with one person

The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.


The SRA’s client money reforms: good intentions, questionable execution

On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.


Recruitment, retention and reward in the legal accounts world

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.


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