Legal Executives

There was a muted reaction to yesterday’s call from the Competition and Markets Authority for a review of legal regulation, with CILEx the most prominent supporter.

It was “fundamentally wrong” for Legal Services Board rules to force the Association of Chartered Certified Accountants to withdraw from legal services, another accountancy body has argued.

The Law Society’s Conveyancing Quality Scheme is a “market barrier”, blocking entry to non-solicitor law firms, the Competition and Markets Authority has been told.

The frontline regulators may be forced to fund the Legal Choices website if it is to reach its potential to become a “flagship consumer resource”, the Legal Services Board has hinted.

The Council for Licensed Conveyancers has attacked a planned partnership between CILEx Regulation and the Association of Chartered Certified Accountants.

Accountants and firms regulated by the ACCA will have a pathway to handling all the reserved activities under the plan to transfer supervision of their legal work to CILEx Regulation.

Legal regulators will have to explain more clearly how they spend their practising certificate fees under revised rules proposed by the Legal Services Board.

The Association of Chartered Certified Accountants has decided to withdraw from legal services regulation and contract it out to CILEx Regulation, in the first move of its kind.

A highly experienced chartered legal executive who forged her client’s signature after forgetting to ask the client to sign a consent order has been banned from working for law firms.

Larger law firms face a new levy of £100-200 per £1m of revenue to support the government’s economic crime plan, under proposals outlined by the Treasury yesterday.