Uncategorized
Gibraltar-based law firm launches ABS and eyes external investment
An international finance and technology law practice involved in the online gaming and electronic payments industries, has become an alternative business structure to help its plans to grow as a group and set up offices across the European Union.
Niche ABS goes public ahead of market listing “in three or four years”
A niche health and social care alternative business structure has incorporated as a public limited company as a prelude to a future expansion and stock exchange listing. Ridouts Solicitors has no immediate plans to become a listed company but was getting it “ducks in a row” so as to be ready for when it happens.
All change at the Ministry of Justice under new PM
It is all change at the Ministry of Justice yesterday after accountant Liz Truss was named as the first woman Lord Chancellor and Secretary of State for Justice, and it appeared that civil justice minister Lord Faulks was stepping down from his role.
Chambers in “widespread non-compliance” with diversity rules, study finds
Large numbers of barristers’ chambers are flouting an obligation to publish diversity data and the Bar Standards Board has been “unsophisticated” in its implementation of Legal Services Board diversity rules, a significant study has concluded.
Search Acumen comments on HMRC property transactions for September
Andy Sommerville, director of Search Acumen, comments on the HMRC property transactions for September
LexisNexis Enterprise Solutions wins ‘2015 Microsoft Dynamics ISV of the Year’ award
LexisNexis Enterprise Solutions, a provider of technology solutions to professional services organisations, today announced that the company has won the title of 2015 Microsoft Dynamics ISV of the Year Winner for the United Kingdom.
Landmark ruling means will disputes could rise
A landmark ruling by the Court of Appeal could make it easier for adult children to challenge wills if they don’t believe their parents have left them a reasonable provision leading to a rise in the number of wills being disputed.
SRA plans radical liberalisation of CPD requirements
The Solicitors Regulation Authority is looking at whether to abolish all of the prescriptive requirements around continuing professional development (CPD) and leave it to solicitors and their firms to decide how best to ensure their continuing competence.
Wedding planners, dentists, pizza chefs – and solicitors, naturally
A marketing group that is set to link wedding planning, cosmetic dentistry and ultimately a pizza chain, is aiming to create the largest legal brand in the UK with an annual advertising spend of £6m by early next year.
New alternative business structure invests in Eclipse's Proclaim solution
Autonet Law LLP, which was granted its ABS licence by the SRA in April 2013, has selected Eclipse’s Proclaim Practice Management Software solution.
Blog
Change in regulator shouldn’t make AML less of a priority
While SRA fines for AML have been climbing, many in the profession aren’t confident they will get any relief from the FCA, a body used to dealing with a highly regulated industry.
There are 17 million wills waiting to be written
The main reason cited by people who do not have a will was a lack of awareness as to how to arrange one. As a professional community, we seem to be failing to get our message across.
The case for a single legal services regulator: why the current system is failing
From catastrophic firm collapses to endemic compliance failures, the evidence is mounting that the current multi-regulator model is fundamentally broken.
