Legal Services Act

RBG Holdings, the listed business that owns City law firm Rosenblatt, has more than doubled in size after announcing the £30m acquisition of London practice Memery Crystal.

The Legal Services Act 2007 has only delivered “a few of the benefits typically associated with deregulation”, a report by Boston Consulting Group has concluded.

There is a long way to go to unlock the potential of technology to transform legal services and regulators have an important role in this, the chief executive of the Legal Services Board has said.

Citizens Advice gave one-to-one advice to two million people during the year of the pandemic, the “vast majority” of them remotely, the service has said.

More than 700 individuals and businesses have agreed to use a standard non-disclosure agreement (NDA) for use when beginning negotiations over corporate transactions.

The major City law firms are on notice that their big hitters want a permanent post-Covid change in work patterns or some will look to leave, new research has found.

An app linking consumers to lawyers who provide free video consultations has been launched this week after three months of testing with 20 law firms – more than 160 firms have now signed up.

A solicitor fired after refusing a demand to vary her contract so her firm could furlough her or reduce her wages to help it cope with the impact of Covid has won a claim for unfair dismissal.

Simplify, the private equity-owned group that leads the conveyancing market, is now one of the largest legal businesses in the country with a turnover of £139m last year, its accounts have shown.

A representative action has been launched against IP law firm Marks & Clerk alleging that it “grossly overcharged” thousands of SMEs through a “secret commissions scheme” with CPA Global.

National consumer giant Irwin Mitchell is planning a stock market float valuing the law firm at £500m, according to press reports at the weekend. It could happen this year, said Sky News.

Revenue and profits at Co-operative Legal Services fell as a result of coronavirus but case volumes grew during last year, its annual results have shown.

There is “no conclusive evidence” to show that consumers who use unregulated services obtain worse outcomes than those using regulated firms, the Legal Services Consumer Panel has said.

Law firms should advertise unbundled services or offer them directly to clients, the Legal Services Consumer Panel has said, highlighting the “untapped potential” to support consumers in accessing advice.

There must be a “third way” of ensuring that qualified lawyers are competent without relying on disciplinary proceedings, the director of regulation and policy at the Legal Services Board has said.