Practice Management


Direct access chambers and specialist financial services set launch BSB ABSs

1 June 2017

A ‘virtual’ chambers that supports direct access work has set up an alternative business structure, as has a niche financial services chambers, which become the second and third to be regulated by the Bar Standards Board. It licensed its first ABS, a collaboration between a London chambers and football agents, earlier this month.


Flexible resourcing business for in-house teams and law firms hits 1,000 lawyers

1 June 2017

Obelisk Support – the outsourcing business that uses former City solicitors to provide temporary support services to in-house teams and law firms – has hit the 1,000-lawyer mark. Set up in 2010, it has doubled in size in less than three years and founder Dana Denis-Smith said she hoped to do so again in the next two years.


Keep calm and carry on: BSB finds no evidence of “widespread change” at the Bar

31 May 2017

Widespread change” is yet to happen at the Bar, with only a small minority of barristers planning to change the way they work or charge fees, a report for the Bar Standards Board has found. Despite the presence of “strong drivers for change”, the report said this did “not necessarily equate to a need or desire for a new approach”.


High Court strikes out negligence claim against private client firm

31 May 2017

The High Court has struck out a negligence claim against London private client specialists Harcus Sinclair on the grounds that it was statute-barred. The judge said it could not be argued that a partner had deliberately concealed his conduct when it was “done in plain sight” of his client and other parties’ lawyers.


Law firm loses £110,000 after e-mail scam as serial conveyancing fraudster faces jail

30 May 2017

A law firm has lost more than £100,000 from a property transaction after falling for an e-mail scam, it has been reported. It comes as a conveyancer who had already been convicted of fraud and banned from working in law firms has been convicted again after defrauding three firms where she secured employment after changing her name.


Law Society “abused dominant position” with CQS training monopoly, competition tribunal rules

26 May 2017

The Law Society abused its dominant position by requiring over 3,000 law firms to buy its own training in order to maintain their Conveyancing Quality Scheme accreditation, the Competition Appeal Tribunal has ruled. It is likely that the case will cost the society at least £1m.


LSB decides against changing rules on telling clients about complaints procedures

24 May 2017

The Legal Services Board has dismissed concerns about the “negative” impact of its requirement that lawyers tell clients about their complaints procedures before any work has been done. Research found “negative reactions” to the prominence of this information but the board said the problem was how some lawyers have chosen to provide it.


Land Registry to trial blockchain-backed digital property transfer

23 May 2017

HM Land Registry plans to live test a ‘Digital Street’ scheme which will enable the “almost instant” transfer of property ownership, backed by technology including blockchain – the secure distributed ledger underpinning the Bitcoin currency – it has emerged.


Lord Chief Justice emphasises vital role of law schools in face of education reforms

18 May 2017

The Lord Chief Justice has signalled concerns about the impending reform to educating law students, saying that a “very broadly based legal education” and law schools “as the centres of excellence” must not be diluted. Lord Thomas said the start of a legal career “must be at law school”.


In-house lawyers “reluctant” to embrace technology

17 May 2017

In-house lawyers have been significantly slower to adopt technology than their counterparts in business, according to a prominent legal technology innovator. Former in-house lawyer D Casey Flaherty, an advisor to Dentons’ lawtech incubator NextLaw Labs, said lawyers as a group were “reluctant” to embrace technology

← Older posts Page 95 of 222 Newer posts →

Blog


Why good governance matters when managing Law Society forms

Everyday legal transactions rely on Law Society forms. But they are often treated as static templates rather than what they really are: living documents that change over time.


A letter from the SRA? Your first reaction matters

An email from the SRA has a way of rearranging a working day. It arrives in the same inbox as everything else, often in the same measured tone, yet it carries a different weight.


Regulate sole practices on evidence, not turnover

For a sole practice, the SRA’s plan that I cannot hold a compliance role if my firm has more than £600,000 of turnover is not a measure of risk. It is a ceiling on growth.


Loading animation