Legal Services Act


Downward trend in conveyancing firms stopped in its tracks as work volumes rise

21 February 2017

The total number of law firms registering conveyancing transactions rose 4% in 2016 to 5,572, halting five years going the other way, and they are busier than before the financial crash, new figures have shown. However, the overall trend of active conveyancing firms has been steeply downwards in the last decade.


Lawyers sue to discover extent of information obtained by “corporate spy”

20 February 2017

A solicitor and barrister who act for an anti-asbestos campaign are in a legal battle over what confidential and privileged information was passed on by a supposed TV documentary maker who was actually placed in the campaign to spy on its activities.


Legal Services Board launches probe into whether Law Society fetters SRA’s independence

17 February 2017

The Legal Services Board has stepped up the pressure on the Law Society’s role as the approved regulator of solicitors by announcing a formal investigation into whether the Solicitors Regulation Authority has sufficient independence.


Gloomy Slater & Gordon sees shares tumble to all-time low after warning of UK trading difficulties

16 February 2017

The recovery of Slater & Gordon’s UK business is going “slower than expected”, with trading results being adjusted downwards as a result, and the negative mood about the firm is now hitting its home business in Australia, it has admitted in a trading update that appeared to be preparing investors for disappointing half-year results later this month.


LSB to put regulators’ efforts to improve diversity under microscope

16 February 2017

The Legal Services Board will next year carry out the first formal assessment of how the profession’s regulators have performed in improving diversity in their parts of the law, it has announced. Publishing its revised diversity guidance, the board said, however, that it expects to see the guidance influencing activities this year.


Legal Ombudsman suspends publication of complaints data over accuracy concerns

13 February 2017

The Legal Ombudsman has pulled from its website the details of law firms and chambers that have been subject to complaints because of concerns over their accuracy, it has emerged. The names of all providers that have been involved in complaints resolved by an ombudsman decision are usually published quarterly.


“Our legal services will stay on top”, minister declares in face of growing threat of competition post-Brexit

13 February 2017

Justice minister Sir Oliver Heald has struck a bullish tone of defiance in response to concerns that Germany and the Netherlands are creating English-language commercial courts to compete with the UK for disputes post Brexit.


Baker McKenzie to introduce AI-based due diligence technology as part of innovation drive

7 February 2017

Baker McKenzie, the world’s second biggest law firm, has announced plans to introduce due diligence software based on machine learning, a form of artificial intelligence, as part of an innovation drive that looks to import ‘design thinking’ into how it delivers legal services.


Burford and Gateley beat the market but most legal stocks underperformed in 2016

6 February 2017

Most listed UK businesses with a strong legal element did not prove good investments in 2016, although litigation finance business Burford Capital and national law firm Gateley both bucked the trend in eye-catching fashion, a Legal Futures analysis has found.


Low-overhead barrister law firm aims “to pass on cost savings to commercial clients”

3 February 2017

Two barristers have launched a Bar Standards Board-regulated entity offering commercial advice as an alternative to traditional chambers, hoping to pass on the savings from low overheads to clients. Lorna Hackett and David Dabbs have formed Hampshire-based Hackett & Dabbs.

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