A trainee chartered legal executive has spoken about how she is due to become a partner in a law firm less than 12 months after finishing her law degree.
The government, legal regulators and others need to come together to ensure that the next generation of lawyers have the chance to study social welfare law or face even more ‘advice deserts’.
The Chartered Institute of Legal Executives has become the first approved legal regulator to announce its intention to give its regulatory body complete structural independence.
The Solicitors Regulation Authority is “not sufficiently transparent” in explaining its decisions at board level, the Legal Services Board has said, while ticking off other regulators too.
Chartered legal executives operate on a par with solicitors and it is only “professional snobbery” stopping them from being part of the solution to many current systemic problems.
The £30m that the Law Society levies on solicitors for its representative work is to be put under the microscope by the Legal Services Board next year.
New rules which clearly limit the influence the Law Society can have on the Solicitors Regulation Authority, and the Bar Council on the Bar Standards Board, have been published.
A barrister who spent six years fruitlessly trying to obtain a pupillage has instead become an immigration practitioner as the head of her own firm, overseen by CILEx Regulation.
The frontline regulators are making “very good progress” in improving price transparency, the Legal Services Board has said – but its consumer panel was far less impressed.
When small businesses believe they can trust the transparency of legal providers on fees, they are twice as likely to seek the advice of lawyers, according to the Legal Services Board.
There are a number of changes to the accounts rules from 25 November, which law firm managers and compliance officers will need to take into account in order for their firms not to be in breach.