Legal Services Board
Legal regulators “too slow” with diversity action
Progress by the legal regulators in understanding and tackling ongoing inequalities in the profession is “too slow” and lacks “strategic direction”, the Legal Services Board (LSB) has said. The oversight regulator said there were “fundamental shortcomings” in the collection of… Read More
SRA to review regime for checking solicitors’ competence
The Solicitors Regulation Authority is to launch a review of its approach to solicitors’ continuing competence, amid calls for spot checks or accreditation schemes to reassure consumers.
Tribunal upholds LSB decision not to release Leigh Day emails
The First-tier Tribunal has upheld the decision of the Legal Services Board not to release an email exchange with the Solicitors Regulation Authority over the Leigh Day case.
Licensed conveyancers to embrace third-party managed accounts
A revised accounts code that expressly allows firms of licensed conveyancers to use third-party managed accounts has been approved by the Legal Services Board.
LSB eyes major changes to legal regulation
The Legal Services Board is set to conduct a major review on the extent to which it can reform the regulatory regime – including the reserved legal activities – using its existing powers.
SRA to press ahead with launch of SQE in autumn 2021
The Covid-19 crisis will not stop the introduction of the Solicitors Qualifying Exam in September 2021, the Solicitors Regulation Authority has said as it published the exam’s final design.
Legal Ombudsman set for major leadership shake-up
The Legal Ombudsman is set for a major leadership shake-up in the wake of its recent budget debacle and following the decision of the chief ombudsman to leave.
Lawtech products “may need direct regulation”
Lawtech products may need to be directly regulated as they become more complex, and it is harder for lawyers to understand how the underlying algorithms work, new research has suggested.
Minister: “No plans” for review of Legal Services Act
A review of the Legal Services Act 2007 is not on the agenda, the government has confirmed. It also indicated that it was happy with the work done by the Legal Services Board
Legal tech education “disjointed and ad hoc”
Legal technology education is focused too much on ‘hot topics’ like machine learning and blockchain, making it “disjointed and ad hoc” in character, a paper for the Legal Services Board has argued.
Blog
Could unpredictable AI costs finally lead firms to true value pricing?
For years, the legal profession has talked of moving away from the billable hour to value-based pricing without quite managing it.
Is your Google Ads budget funding your competitors’ AI visibility?
If your cost-per-click has crept up again this year, you’ve probably assumed the market simply got more expensive. That’s the wrong way to read what’s happening.
Containing the spread of unapproved AI
Nearly 60% of fee-earners admit to using unapproved tools (like free versions of ChatGPT). Yet 68% of firm leaders are confident there is zero risk of unapproved AI being used for client work.
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