Legal Services Board
Chambers “must publish” data on sexual orientation and religion
The Legal Services Board has approved a new rule requiring chambers to include sexual orientation and religion in the diversity data they publish on their websites, whether or not all of their barristers agree.
LSB report: Buy-in vital for legal technology regulation
Achieving buy-in for technology regulation from everyone involved in lawtech – from developers to users – is crucial to it working well, according to an analysis looking at the lessons for legal regulators that can be drawn from the medical and financial sectors.
Lawtech enables firms to sell “invisible” legal services
A key aspect of tech is its potential to help lawyers sell to consumers as part of a multi-disciplinary package that includes unrelated services, where the ‘legal’ part is invisible to the purchaser.
ABSs having “direct and positive impact” on legal market – LSB
Alternative business structures continue to have a “direct and positive impact” on the legal market, the oversight regulator has said, while there are “signs of improvement” at the Legal Ombudsman.
“Formal periodic reaccreditation” for lawyers back on the table
The Legal Services Board is set to begin work on a a review of continuing competence that will revisit the possibility of formal periodic reaccreditation for lawyers.
Dental regulator named new chief executive of LSB
The executive director of strategy, policy and communications at the General Dental Council has been named as the new chief executive of the Legal Services Board.
Green light for new regime on when to report rule breaches
New requirements for reporting rule breaches to the Solicitors Regulation Authority have been approved by the Legal Services Board. The changes include a new ‘early investigation’ rule.
LSB rethinks rule stopping rep bodies from “influencing” regulators
The Legal Services Board is pulling back on proposed rules that would not allow bodies like the Law Society and Bar Council to try and “influence” their regulatory arms.
SRA and BSB praised for enforcement processes
The Legal Services Board has given both the Solicitors Regulation Authority and Bar Standards Board a clean bill of health in the way they enforce their rules.
Accountants lose appeal over regulation refusal
The High Court has rejected a challenge from the ICAEW to the Lord Chancellor’s decision that its members should not be allowed to handle tax-related litigation, advocacy and legal instruments work
Blog
Change in regulator shouldn’t make AML less of a priority
While SRA fines for AML have been climbing, many in the profession aren’t confident they will get any relief from the FCA, a body used to dealing with a highly regulated industry.
There are 17 million wills waiting to be written
The main reason cited by people who do not have a will was a lack of awareness as to how to arrange one. As a professional community, we seem to be failing to get our message across.
The case for a single legal services regulator: why the current system is failing
From catastrophic firm collapses to endemic compliance failures, the evidence is mounting that the current multi-regulator model is fundamentally broken.
