Legal Services Act


Exclusive: Chief Legal Ombudsman resigns in accounts dispute

19 November 2014

The Chief Legal Ombudsman, Adam Sampson, has resigned from his role after a controversy about travel expenses meant his organisation’s accounts are likely to be qualified by the National Audit Office.


Kenny: redress “safety net” will enable innovation and access to justice

19 November 2014

Chris Kenny, the outgoing chief executive of the Legal Services Board, yesterday called on legal regulators to implement a “trade off” between access to the law and quality of service, with a “safety net” of easy redress when things go wrong.


Lawyers will be seen in future as “small part of diverse legal ecosystem”

18 November 2014

Regulated lawyers should be viewed in the future as “a small part of an increasingly diverse ecosystem”, the Legal Services Consumer Panel has said in a report being launched at today’s Legal Futures Annual Conference.


Terry quits as chairman of ailing Quindell

18 November 2014

The pressure on AIM-listed alternative business structure Quindell has today resulted in founder and executive chairman Rob Terry resigning from the board of directors with immediate effect.


One in four top-250 firms mulling external investment

18 November 2014

Almost one in four top-250 law firms are considering securing some form of external equity investment, according to a survey. The highest proportion said they would look to raise between £5m and £20m, many to fund acquisitions.


Bad news keeps on coming for Quindell as financial adviser quits

17 November 2014

The turmoil at AIM-listed alternative business structure Quindell – which lost 45% of its value last week – has continued unabated this morning after announcing that its financial adviser and joint broker has resigned.


Competition and Markets Authority mulls review of legal sector

17 November 2014

The Competition and Markets Authority is considering whether to launch a review of the legal services market, it has emerged. It was a report in 2001 by its predecessor, the Office of Fair Trading, which began the process that led to the Legal Services Act 2007.


Quindell’s week of misery continues as shares dive on biggest institutional investor halving stake

14 November 2014

The shares of alternative business structure Quindell plc suffered yet another dive yesterday after it emerged that the company’s largest institutional investor has halved its stake in recent months.


BSB says sorry for slow march towards new business structures

14 November 2014

The Bar Standards Board has apologised for the “inordinately slow” progress in implementing Legal Services Act changes that will enable barristers to practice in novel ways, as it set out a timetable for broadening its reach into entity regulation.


Quindell in freefall as it loses 20% of share value for second day running

12 November 2014

Alternative business structure Quindell plc suffered another day of dizzying collapse in its share price on Tuesday, with a second consecutive 20% fall. The AIM-listed legal outsourcing business has now lost more than half of its value in just three weeks.

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