Legal Services Board
New LSB chairman joins calls for single regulator
Sir Michael Pitt, the new chairman of the Legal Services Board, has joined calls by the Lord Chief Justice, Lord Thomas, and Lord Neuberger, president of the Supreme Court, for a single regulator.
Neuberger backs single regulator but criticises LSB for adding “cost and confusion”
The President of the Supreme Court, Lord Neuberger, has backed calls for single legal regulator, while accusing the Legal Services Board of adding to cost and confusion.
Kenny to leave Legal Services Board
The changing of the guard at the top of the legal regulators has continued today with news that Chris Kenny, who has been chief executive of the Legal Services Board since its creation in 2009, will step down at the end of November.
I took this job to change legal services market, says new LSB chair
Sir Michael Pitt, the new chairman of the Legal Services Board, has said he took the job to “help change the legal services market”. He argued that “more change is needed” to deliver a better legal services market and better access to justice.
Kenny: BIS data-sharing plans could be a “dead letter”
Plans by the Department for Business, Innovation and Skills for improved data sharing between different regulators could be a “dead letter” if they are not applied to all of the legal regulators, the Legal Services Board has warned.
SRA slashes ABS licensing backlog
The Solicitors Regulation Authority has slashed its backlog of ABS licensing applications from 142 in January 2013 to 52 in April this year, it has emerged. The average age of work-in-progress ABS applications is now three months.
Grayling tells LSB to work towards its own abolition
The Lord Chancellor has set the Legal Services Board the task of working towards its own abolition as part of a push to reduce the burden of regulation on the legal profession, he revealed yesterday.
New LSB chief: primary legislation needed to reduce regulatory complexity
Sir Michael Pitt, the new chairman of the Legal Services Board, has said that primary legislation will be needed to reduce the complexity of legal regulation and ensure it moves “at market pace”.
Fewer than one in ten people with legal problems see a lawyer, major study finds
There is a huge unmet need for legal services among individual consumers, the most detailed ever study of the issue has revealed, with fewer than one in 10 people experiencing a legal problem seeking advice from a lawyer.
Consumers need help with decisions on legal services, says LSB research
Frontline regulators need to trial a range of materials to help consumers make better decisions in the wake of the legal aid cuts, academic research commissioned by the Legal Services Board has urged.
Blog
Why this is the year for law firms to embrace generative AI
After more than a year of pilots, proofs of value and early experimentation, firms are increasingly embedding AI into day-to-day workflows.
Client account interest is not spare change
The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.
The formula for finance-enabled business development
Client concentration or over-dependence now counts as a top strategic risk for 26% of firms. Cross-selling is an antidote – a way to bolster revenue resilience without relying on client acquisition.
