Other lawyers
CLC targets wider brief as property sector regulator
The Council for Licensed Conveyancers wants the power to regulate lawyers other than licensed conveyancers, as part of a strategy targeted at expanding its role within the property sector.
LSB to impose controversial lay chair requirement on regulators
The frontline regulators will be required to have lay chairs in future after the Legal Services Board (LSB) pressed ahead with its controversial change to the internal governance rules.
Gulf opens between profession and consumer groups over LSB lay chairs proposal
The Legal Services Board’s consultation on its plan to oblige frontline regulators to have lay chairs has met a barrage of opposition from regulators and lawyers, pitted against consumer advocates, which strongly backed the measure.
Will-writing body set for rule change after report questions value of pre-paid probate plans
The Society of Will Writers is set to adopt a code of conduct change that will prevent its members from taking advance payments for acting in the administration of a client’s estate after research found few benefits for consumers.
SRA, BSB and other regulators join forces to demystify the law for consumers
The frontline legal regulators yesterday launched a groundbreaking consumer-facing information website that aims to demystify the legal profession for ordinary people.
STEP volunteers will writing code of practice to fill regulatory vacuum
Society of Trust and Estate Practitioners members will have to abide by a code of practice when they write wills, part of an attempt by the society to fill the regulatory vacuum.
IPReg poised to become ABS licensing authority number 3
The prospect of external investment in intellectual property firms is set to soar after the Intellectual Property Regulation Board won the support of the Legal Services Board to become the third alternative business structure licensing authority.
Will writing body seeks to expand legal services options for members
The Institute of Professional Will Writers has appointed a solicitor to be its first chief executive, as part of a radical overhaul of the organisation that it hopes will involve licensing legal services businesses.
CMC numbers slump as referral fee ban hits home
The number of claims management companies has fallen by nearly a quarter since the introduction of the referral fee ban and prohibition on offering inducements, new figures have shown.
Lack of diversity should raise flag about firms, LSB tells regulators
Legal regulators should in future rate the risk that firms present to the public on the basis of the diversity of their workforce, and focus supervision on those with the worst records, according to a report.
Blog
Client account interest is not spare change
The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.
The formula for finance-enabled business development
Client concentration or over-dependence now counts as a top strategic risk for 26% of firms. Cross-selling is an antidote – a way to bolster revenue resilience without relying on client acquisition.
Whistleblowing guidance for in-house lawyers – a call to arms
In-house lawyers are in a unique position to spot wrongdoing. But reporting it is not just potentially dangerous from a personal point of view.
