Regulation

The Solicitors Regulation Authority is set to continue regulating most consumer credit activities carried out by law firms after new proposals were issued last week. A consultation said solicitors would be able to carry out mainstream consumer credit activities as long as they are central to the legal services they provide.

Solicitors running two firms caught out by changes to the indemnity insurance rules and the closure of the assigned risks pool in 2012-13 have been fined by the Solicitors Disciplinary Tribunal for failing to wind-down their practices in an orderly manner.

The Quality Assurance Scheme for Advocates (QASA) is finally set to go ahead after the Supreme Court ruled that it was “the only way” to protect all members of the public involved in criminal proceedings “at an upper level”. But it has been claimed that the decision will make it harder for similar schemes to be introduced for other areas of law.

A commercial barrister who was fined by a Bar disciplinary tribunal earlier this month for handling £5,000 of client money, faces suspension after a second tribunal found that he later handled a further £400,000 from another direct access client.

The Bar Council has joined forces with the two Preston-based barristers behind the Direct Access Portal to relaunch it as the “go-to website” for consumers looking for a barrister. The portal will replace the Bar Council’s existing direct access register.

The Law Society recorded a £33m surplus last year, its annual report has shown, while former chief executive Des Hudson received a pay packet of £407,000 in his final year. However, the society has proposed retaining the practising certificate fee at £320.

The Government Legal Service has decided to open its lawyer job vacancies to fellows of the Chartered Institute of Legal Executives for the first time. The first job being advertised is a £53,196 position as lawyer at HM Revenue & Customs.

Removing the ban on referral fees in criminal cases could lead to “arrest chasing” by solicitors, the Bar Council has warned, and result in “as much public opprobrium” as ambulance chasing. However, the Bar Council backed third-party accounts for solicitors.

Two partners have been cleared by the Solicitors Disciplinary Tribunal of misconduct relating to errors and omissions in their firm’s application for indemnity insurance, and unusually were allowed to maintain their anonymity throughout.

The Law Society has launched a sustained attack on plans by the Solicitors Regulation Authority to introduce third-party accounts, allow referral fees in legal aid cases and remove the requirement on firms to carry out reserved activities.