The Solicitors Regulation Authority and Council for Licensed Conveyancers have been given a clean bill of health by the Legal Services Board in its latest assessment of regulators’ performance.
The case for wholesale reform of the way legal services are regulated is even stronger than it was four years ago when the Competition & Markets Authority last recommended it, the watchdog said today.
The LSB has sketched out a future where most households have a legal expenses insurance policy to access a wide range of legal services, and there are approved ‘simple legal products’ in the market.
The decision on whether to approve a 19% increase in the Legal Ombudsman’s budget is likely to be “finely balanced”, with the possibility of having to find an alternative to it lurking in the background.
There is “much to celebrate” from the first decade of the Legal Services Act but the basic legal needs of many citizens are still not being met, the Legal Services Board said today.
The Legal Ombudsman’s first ever in-year call for supplementary budget, seeking an extra £344,000, has gone to the Lord Chancellor for approval after being given the green light by the Legal Services Board.
The new way of qualifying as a solicitor, including passing a centralised, two-part examination, will go live from 1 September 2021 after the Legal Services Board approved the reforms.
The Institute of Chartered Accountants in England and Wales is considering a new push to regulate reserved legal activities, three years after its last attempt was knocked back.
The Solicitors Regulation Authority is applying for charitable status as part of becoming a distinct legal entity within the Law Society Group, it has emerged.
It was “fundamentally wrong” for Legal Services Board rules to force the Association of Chartered Certified Accountants to withdraw from legal services, another accountancy body has argued.
Whilst many firms have made admirable leaps to improve diversity, both at board level and more broadly, one area of diversity that is less well-known or reported on is that of cognitive diversity.
HMCTS has embarked on an ambitious reform programme that has undeniably instigated significant progress in the modernisation of the criminal justice system.