Legal Services Act


Miscarriages of justice charity transforms itself into law firm

8 June 2015

A registered charity has become a fully-fledged law firm in what is believed to be the first transformation of its kind, after it received approval from the Solicitors Regulation Authority.


Big firms hit hardest by fall in conveyancing transactions, report finds

8 June 2015

The top five conveyancing firms handled 36% fewer transactions in the first quarter of this year, a report has found, and their market share dropped from 8% to 6%. On average, firms handled 14% fewer transactions and the number of firms also fell.


New-model firm pitches white-label regulation to overseas “non-dom” law firms

5 June 2015

New-model practice Carbon Law Partners is set to launch a ‘white label’ service to enable foreign law firms to practise in England and Wales under their own brand, without having to seek regulatory approval or professional indemnity insurance in their own right.


Only 4% of CMC complaints relate to personal injury work, LeO reveals

5 June 2015

Only 4% of complaints about claims management companies (CMCs) received by the Legal Ombudsman (LeO) relate to personal injury work, it has emerged, in the first release of figures since Leo began its new role.


Express Solicitors buys 450 personal injury cases in pre-pack deal

2 June 2015

Manchester-based Express Solicitors has bought 450 personal injury cases in pre-pack deal with a Cheshire sole practice. A spokesman for Express said Ashfields was now insolvent.


External investment the key to changing profession, former Law Society president says as firm becomes ABS

2 June 2015

External investment rather than the number of alternative business structures is the key to changing the legal profession, a former president of the Law Society has said. Meanwhile, well-known ABS Knights has changed structure to retain more of its profit.


Unique ABS aims to capitalise on push by Chinese companies to invest overseas

1 June 2015

The Solicitors Regulation Authority has licensed a unique Chinese-owned alternative business structure targeting Chinese companies looking to invest abroad. It has been set up in association with Exeter-headquartered law firm Michelmores.


Gateley set to raise £30m from AIM listing, as Slater & Gordon’s acquisition of Quindell completes

29 May 2015

National law firm Gateley is looking to raise £30m from its imminent listing on AIM, documents filed at the London Stock Exchange today have revealed. The firm is due to list on 8 June with a market capitalisation of £100m.


Major US divorce firm lands in UK with ambitions to dominate the market

29 May 2015

A family law practice that specialises in acting for men and has more than 100 offices across the US has opened in London with the prediction that it could “very quickly dominate the UK market”. It is already running radio advertisements announcing its arrival.


Linder Myers heading for profit a year after avoiding administration

29 May 2015

Manchester-based Linder Myers is heading back into profit little more than a year after escaping administration, its chief executive has said. Tony Stockdale, chairman of consultants Assure Law, helped secure a refinancing deal with RBS in March 2014.

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