Legal Services Act
Exclusive: Quindell Legal Services chief departs
The chief executive of Quindell plc’s legal services division has left the company, it has emerged. The news comes in the wake of the ABS’s announcement that it is in talks to sell one of its operating divisions to generate cash.
LeO: law firms should issue two retainers to consumer credit clients
Law firms should issue two separate retainers to clients where they are provided with consumer credit as well as purely legal services, the Legal Ombudsman has suggested.
Senior partner who became direct access barrister sets up alternative business structure
David Hassall, a senior partner turned barrister whose career mirrors recent changes in legal services, has set up an alternative business structure – which he intends to operate on a ‘John Lewis’ profit share model.
Failure to undertake CPD will be “aggravating factor” in investigations, SRA warns
Failure to undertake continuous professional development will be an “aggravating factor” when enforcement decisions are made against those guilty of incompetence, the Solicitors Regulation Authority has said.
LeO opens door to investigating “tightly defined” third-party complaints
There is scope for the Legal Ombudsman (LeO) to offer redress to third parties, as long as the complaints involved could be “clearly and tightly defined”, a report by a LeO working party has found.
Over 250 Quindell shareholders register for planned group action
More than 250 current and former shareholders in AIM-listed alternative business structure Quindell have already registered their interest in a potential group action, Liverpool law firm Camps has said.
Exclusive: “We will be biggest brand in UK,” says LegalZoom
US company LegalZoom today makes plain its ambitions for the UK market by saying there is “no question” that it will become the best-known legal brand on this side of the Atlantic.
SRA to stay on report over ABS licensing
The Legal Services Board still has “concerns” about the way the Solicitors Regulation Authority approves applications for alternative business structures and will not be ending its monitoring for the time being, it has emerged.
QASA barristers in last throw of the dice with appeal to Supreme Court
Four criminal law barristers have appealed to the Supreme Court in their judicial review of the Quality Assurance Scheme for Advocates (QASA) – despite a costs bill which already totals £215,000, Legal Futures can reveal.
Liverpool firm targets investor group action against Quindell
Liverpool law firm Camps is trying to pull together a group action over losses suffered by investors in alternative business structure Quindell plc following the dramatic collapse in the AIM-listed company’s share price, it announced today.
Blog
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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.
