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Gove poised to back call for less overbearing regulatory regime for ABSs

19 November 2015

Lord Chancellor Michael Gove indicated yesterday that he would support legislative changes to make it easier to approve and regulate alternative business structures while the scope of the wider review of the Legal Services Act 2007 is worked out.


Council of Europe report: ODR can improve access to justice

19 November 2015

A report for the Council of Europe has argued that online dispute resolution and use of IT could improve access to justice by “offering solutions to the problems of judicial inefficiency, the high cost of litigation and geographical barriers”.


Top 20 accountants expands commercial law services as City practice evolves with accountancy arm

18 November 2015

Top 20 accountancy firm Kingston Smith is expanding its commercial law services, the firm’s new head of legal services has said. Meanwhile, City firm Bates Wells Braithwaite, which became an alternative business structure last year to bring in an accountant to provide non-legal services, is evolving into a firm of business advisers, its managing partner said.


Court of Appeal gives explicit backing for “valuable” unbundling

18 November 2015

Solicitors who offer ‘unbundled’ legal advice to help litigants deal with challenging parts of the process provide an “invaluable” service to both the court and litigants, the Court of Appeal said yesterday. In a ruling that gave explicit backing to unbundling, the court refused to read broader responsibilities into a limited retainer.


Paraskeva highlights “unfinished business” of Legal Services Act as she sets out stall at CLC

18 November 2015

Real separation of representative and regulatory functions at organisations like the Law Society and Bar Council is “unfinished business” of the Legal Services Act, according to the woman who led the society’s negotiations with the government in the run-up to the Act.


Major survey finds consumers increasingly satisfied with their lawyers

17 November 2015

There are positive signs about improving consumer satisfaction with how they find, compare and then use law firms, major research by the Legal Services Consumer Panel has revealed. However, the panel said more vulnerable consumers “are potentially being left behind as those more empowered are able to take advantage of market changes”.


Probate manager who admitted 140 “improper withdrawals” from client accounts blamed pressure of work

17 November 2015

A probate manager who admitting making 140 “improper withdrawals” over a period of 11 years, resulting in a client account shortage of £730,000, has been banned from working for law firms. Though he acted recklessly, the Solicitors Disciplinary Tribunal did not find him dishonest.


Law Society set for governance review as it unveils new strategy

17 November 2015

The Law Society is set to review its governance structure as part of a new strategy set against a background of a legal market which it said by 2020 would see more and faster consolidation among law firms, changing employment practices and an increased number of “diverse business models”.


Taking separation seriously: surveyors in country mansion set up ABS in coach house

16 November 2015

A firm of quantity surveyors, based in a country mansion in Warwickshire, is setting up an alternative business structure in the coach house. Solicitor Warren Berwick said clients needed a “clear distinction”.


Lawyers should collaborate with ‘robots’, Law Society president says

16 November 2015

Lawyers should use artificial intelligence to improve their work, drive efficiencies, increase accuracy and retain clients, the president of the Law Society has said. However, Jonathan Smithers said “expert intervention by lawyers” would always be needed.

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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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