Legal Services Board
Tribunal judges call for regulatory controls over non-lawyer employment advisers
The Legal Ombudsman should have jurisdiction over non-lawyer employment advisers as part of work to improve consumer protection in the field, employment judges have suggested. Their primary concern was the lack of consistency in the redress available to claimants.
Government, LSB and Law Society join forces to take pre-ABS temperature of high street law firms
The Legal Services Board is joining forces with the Ministry of Justice and the Law Society to ask 2,000 high street law firms how ready they are for the introduction of alternative business structures. It will form part of what is likely to be the largest ever survey of high street legal provision.
Will-writer regulation and the need to address poor-quality work by solicitors
In a robust defence of the will-writing industry, Steve Jenkins of leading provider Trust Inheritance argues that while some targeted regulation of the sector could help, there needs to be a strong focus on improving the quality of solicitors’ work.
Legal Services Board to intervene in Prudential privilege appeal
The Legal Services Board is to intervene in the high-profile Supreme Court case on whether the right to claim legal professional privilege should extend beyond the clients of solicitors and barristers. The Prudential case concerns tax law advice from accountants.
News in brief: SRA renewals delay, referral fee “ignorance”, and much more
Our regular round-up of news you need to know includes the appeal court quashing an ILEX disciplinary ruling, delays for solicitors renewing practising certificates, a survey of young drivers on referral fees, a survey finding support for outsourcing and much more besides.
Bar Council fails governance test again while Law Society goes to the wire
The Bar Council is once again not compliant with the rules on ensuring the independence of its regulatory arm, the Legal Services Board has decided – while the Law Society’s compliance remains unresolved. But the Bar Council has been given one more year to get its house in order.
LSB: City firms can overcome worries about international reaction to ABSs
City firms’ concerns over the international rejection of alternative business structures can be overcome quite easily, a Legal Services Board study has concluded – but they are not interested in ABSs anyway, confirming the findings of a host of other surveys and reports.
Bid to shut down will-writing companies as LSB launches regulation evidence call
The Insolvency Service last week presented petitions to wind up three will-writing businesses. The news comes as the Legal Services Board issues a call for evidence on whether to make will-writing, the entire probate process and estate administration reserved legal activities.
Launch of ABSs clears major hurdle
Would-be alternative business structures unhappy with decisions taken by the Solicitors Regulation Authority will be able to appeal to the Solicitors Disciplinary Tribunal, it has been decided, in a significant step towards the introduction of ABSs.
LSB: mid-tier City firms could be main targets of external investment
Mid-tier City law firms may have the greatest incentive to go to the public markets to fund their merger and acquisition activities, the Legal Services Board has suggested. But there is a risk of an “investment bubble” where external investment in alternative business structures proves only temporary for short-term gain.
Blog
Listening, learning and leading The Solicitor’s Charity with care
As I prepare to hand over the mantle of chair of The Solicitor’s Charity next month, it doesn’t feel like an end. Instead, it feels like a wonderful journey.
Is competition in the legal sector stifling innovation?
As the legal sector’s competitive landscape continues to evolve, Nobel laureates remind us that innovation is not inevitable,and that competition may not always be an incentive to innovate.
What high-performing consumer claims firms get right
Recurring concerns about parts of the volume claims sector show that the gap between well-run firms and those struggling to manage volume effectively is widening.
