The Council for Licensed Conveyancers is set to cut its fees for the firms it regulates by 30%, having originally planned a 20% reduction.
The Legal Services Board has said the Bar Standards Board now meets the standard it set for improving the quality of advocacy – unlike the Solicitors Regulation Authority and CILEx Regulation.
The Bar Standards Board has decided to stop funding Legal Choices, the consumer-facing website which until now has been collectively run and paid for by all the legal regulators.
The Financial Conduct Authority has found “widespread poor practice” in the advertising put out by claims management companies, and begun taking action to address it.
A large commercial law firm will ditch its client account in favour of a third-party managed account by the end of the year, a leading payment processor has predicted.
A law firm regulated by the Intellectual Property Regulation Board has merged with one regulated by the Solicitors Regulation Authority, in what is believed to be the first deal of its kind.
The Legal Services Board has finalised revised rules to ensure clearer separation of regulatory and representative functions at bodies like the Law Society and Bar Council.
The Legal Services Consumer Panel has criticised legal regulators’ continuing “resistance” to publishing complaints data about the lawyers they oversee.
The immigration regulator has expressed its “deep concern” at the rules that will allow practising solicitors to operate from unregulated businesses.
The Legal Services Board is set to begin work on a a review of continuing competence that will revisit the possibility of formal periodic reaccreditation for lawyers.
For any business operating today, change is inevitable. The legal sector is no exception and firms must embrace change to maintain growth, success and their competitive edge.