Legal Services Act


Growing Sheffield law firm exits QualitySolicitors over “brand conflict”

4 October 2016

Sheffield law firm SSB Law has left the QualitySolicitors network to focus on its own brand instead at a time when it says “the traditional law firm approach has a limited future”. It said it joined because “there was a basis for a national brand” but over time there was “an increasing conflict” with its own brand.


PwC Legal to be absorbed into accountancy firm’s wider business

30 September 2016

PwC – the first of the ‘big four’ accountants to gain an alternative business structure (ABS) licence – has become a true multi-disciplinary practice by merging its connected law firm into the wider business, in a move that has been welcomed by the Solicitors Regulation Authority.


Exclusive: James Caan exits law firm investment

28 September 2016

Leading investor James Caan has sold his stake in Staffordshire-based law firm Knights Professional Services, Legal Futures can reveal. Mr Caan invested in Knights in 2012, since when the firm has grown its turnover from £8m to £40m and added complementary services to its core legal offering.


Battle of the “bulge” – Legal Ombudsman’s performance worsens

27 September 2016

The time taken by the Legal Ombudsman to resolve cases increased over the summer, new figures have shown. The proportion of cases resolved within 90 days fell from 50% in June this year to 47% in July – against a target of 60%. This was caused by a “bulge” in cases being assessed.


Creating a ‘two-tier profession’ – Consumer panel joins opposition to SRA plan

27 September 2016

The Legal Services Consumer Panel and the Legal Ombudsman are the latest organisations to come out against the Solicitors Regulation Authority’s proposal that practising solicitors be allowed to handle unreserved legal work for the public from unregulated firms.


PI Futures: government reforms may have been delayed but “they’re coming”

26 September 2016

The personal injury reforms (PI) first announced 10 months ago are still coming, despite the Brexit hiatus – so claimant lawyers have to be prepared, they were told at last week’s PI Futures conference in Liverpool. The default assumption had to be that change would happen.


Legal Services Board fury after IBA claims it is under “government control”

26 September 2016

The Legal Services Board has reacted angrily to a draft report from the International Bar Association which said the oversight regulator was subject to “a degree of government control”, because “the LSB is funded by the Ministry of Justice, and all its members are appointed by the Lord Chancellor”.


Co-op Legal Services recovery continues with growth in sales and profit

23 September 2016

Profit is continuing to rise at Co-operative Legal Services (CLS), half-year results published today have revealed. In the first six months of 2016, sales rose 10% to £11m, and it made a £1m profit – having broken even during the same period of 2015.


Exclusive: Saga exits legal services – for now

22 September 2016

Saga, the over-50s insurance and travel company, has closed its legal services business, Legal Futures can reveal – but said it may yet return to the market in future. The company was hit by the collapse last year of Parabis, with which it had set up a joint venture alternative business structure, Saga Law, in late 2013.


National Accident Helpline eyes expanded role in handling PI claims

21 September 2016

NAHL Group plc – the AIM-listed legal marketing and services business that owns National Accident Helpline – expects to play a “more pro-active role in the entire conduct and financing of a PI case” following the government’s next round of reforms, it told the stock exchange today.

← Older posts Page 140 of 349 Newer posts →

Blog


Amplifying reach through employee-driven thought leadership

Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.


Divorce escrow: asset sales before final settlement

When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.


AML lacks clarity – and standards are suffering

If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.


Loading animation