Legal Services Act


Lord Judge opposes licensed conveyancers’ bid to become litigators and advocates

29 March 2011

The Lord Chief Justice has spoken out against licensed conveyancers being granted rights to conduct litigation and advocacy. Lord Judge said they are areas of work which lie outside the proper sphere of activity of a licensed conveyancer and he could see no strong public interest in giving them those rights.


SGM threat recedes as SRA refutes suggestions that it changed ABS stance

25 March 2011

The Solicitor Sole Practitioners Group has backed away from its threat to call a special general meeting and postal vote of the profession to gauge support for alternative business structures (ABSs). Meanwhile, the Solicitors Regulation Authority has refuted suggestions that it shifted position on how it will regulate ABSs ahead of this week’s Law Society vote.


LeO has first vexatious complainant – and its own complaints ombudsman

25 March 2011

The Legal Ombudsman (LeO) has identified its first vexatious complainant, it emerged last night – but it is a lawyer, not a member of the public. It has also appointed former Financial Services Ombudsman Walter Merricks to adjudicate on complaints over LeO’s own service.


SRA agrees compromises to help ABS application through council vote

24 March 2011

The Solicitors Regulation Authority has compromised on aspects of its application to become an alternative business structure regulator, it emerged last night. Agreement was reached between the society and its regulatory arm on various changes to the application which the SRA’s board agreed last week.


Breaking news: Law Society council gives green light to SRA regulating ABSs

23 March 2011

The Law Society council has today approved the Solicitors Regulation Authority’s application to become a regulator of alternative business structures. It means the SRA should be ready to start taking applications from prospective ABSs from 6 August.


Anti-ABS group could decide as soon as tomorrow on calling Law Society SGM

23 March 2011

The Solicitor Sole Practitioners Group could decide tomorrow whether to seek a special general meeting of the Law Society that would authorise a profession-wide poll on solicitors’ opposition to alternative business structures.


ABSs to pay less to practise than law firms

21 March 2011

Alternative business structures (ABSs) will pay less to practise than traditional law firms, under proposals released by the Solicitors Regulation Authority. A consultation on the fees structure for ABSs recommends that they should not have to contribute to the Law Society’s representative activities, as law firms do.


Criminal standard of proof in disciplinary matters “could expose clients of ABSs”

21 March 2011

Regulators of alternative business structures could expose consumers to risk if they demand an overly high standard of proof in disciplinary hearings, the Legal Services Consumer Panel has warned. Meanwhile, the Bar Standards Board is to consider switching to a civil standard of proof.


LSB lacks understanding, judgement and willingness to listen, says Bar Council

18 March 2011

The Legal Services Board (LSB) has shown a lack of understanding and judgement, and an unwillingness to listen to the approved regulators, the Bar Council has claimed. The Bar Council also expressed surprise at plans to increase LSB staff costs at a time of public sector cuts – saying it should take a “Big Society” approach to its work – and also questioned whether the board is overextending its remit.


Army major launches ABS brokerage

16 March 2011

A former major in the Army has launched a brokerage for alternative business structures, bidding to put law firms together with private equity investors. He predicts that it will be commoditised practices run along corporate lines that will most likely attract external investment.

← Older posts Page 322 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