Three regulators are joining forces to pilot ways for law firms to engage better with comparison websites and online review platforms, starting with conveyancing and employment work.
The Legal Ombudsman’s proposed 19% budget increase is not justified, the Council for Licensed Conveyancers has said in calling for an external task force to help it deal with complaints more quickly.
Directors from two legal businesses which generated £2.5m in fees by providing unregulated immigration advice have been fined nearly £17,000 and ordered to pay over £28,000 in compensation.
The Solicitors Regulation Authority and Council for Licensed Conveyancers have been given a clean bill of health by the Legal Services Board in its latest assessment of regulators’ performance.
There was a muted reaction to yesterday’s call from the Competition and Markets Authority for a review of legal regulation, with CILEx the most prominent supporter.
Transparency over referral fees in conveyancing work will drive out bad practice, a government official said yesterday, while also calling for greater consistency in how law firms publish their prices.
The Institute of Chartered Accountants in England and Wales is considering a new push to regulate reserved legal activities, three years after its last attempt was knocked back.
It was “fundamentally wrong” for Legal Services Board rules to force the Association of Chartered Certified Accountants to withdraw from legal services, another accountancy body has argued.
Compliance with the rules on price and service transparency is improving but a stubborn minority are facing disciplinary action, the Solicitors Regulation Authority has said.
The frontline regulators may be forced to fund the Legal Choices website if it is to reach its potential to become a “flagship consumer resource”, the Legal Services Board has hinted.
The Council for Licensed Conveyancers has attacked a planned partnership between CILEx Regulation and the Association of Chartered Certified Accountants.
Legal regulators will have to explain more clearly how they spend their practising certificate fees under revised rules proposed by the Legal Services Board.
The Association of Chartered Certified Accountants has decided to withdraw from legal services regulation and contract it out to CILEx Regulation, in the first move of its kind.
Larger law firms face a new levy of £100-200 per £1m of revenue to support the government’s economic crime plan, under proposals outlined by the Treasury yesterday.
Progress by the legal regulators in understanding and tackling ongoing inequalities in the profession is “too slow” and lacks “strategic direction”, the Legal Services Board (LSB) has said. The oversight regulator said there were “fundamental shortcomings” in the collection of… Read More
There are many good claims brought for damages that are likely to be significantly less than twice the cost of bringing the claim. These cases present a real challenge for insurers.
Last month, two all-party parliamentary groups published a joint economic crime manifesto that sets out a “comprehensive list of pragmatic reforms” designed to tackle the UK’s dirty money crisis.
Applying AI technology to law firms involves the use of computers, algorithms and big data so that they can function competently, successfully and with foresight in their business environment.