Legal Services Act


Legal Ombudsman suspends publication of complaints data over accuracy concerns

13 February 2017

The Legal Ombudsman has pulled from its website the details of law firms and chambers that have been subject to complaints because of concerns over their accuracy, it has emerged. The names of all providers that have been involved in complaints resolved by an ombudsman decision are usually published quarterly.


“Our legal services will stay on top”, minister declares in face of growing threat of competition post-Brexit

13 February 2017

Justice minister Sir Oliver Heald has struck a bullish tone of defiance in response to concerns that Germany and the Netherlands are creating English-language commercial courts to compete with the UK for disputes post Brexit.


Baker McKenzie to introduce AI-based due diligence technology as part of innovation drive

7 February 2017

Baker McKenzie, the world’s second biggest law firm, has announced plans to introduce due diligence software based on machine learning, a form of artificial intelligence, as part of an innovation drive that looks to import ‘design thinking’ into how it delivers legal services.


Burford and Gateley beat the market but most legal stocks underperformed in 2016

6 February 2017

Most listed UK businesses with a strong legal element did not prove good investments in 2016, although litigation finance business Burford Capital and national law firm Gateley both bucked the trend in eye-catching fashion, a Legal Futures analysis has found.


Low-overhead barrister law firm aims “to pass on cost savings to commercial clients”

3 February 2017

Two barristers have launched a Bar Standards Board-regulated entity offering commercial advice as an alternative to traditional chambers, hoping to pass on the savings from low overheads to clients. Lorna Hackett and David Dabbs have formed Hampshire-based Hackett & Dabbs.


Growth of alternative providers – especially Big 4 – could push law firms into ‘contractor’ role

1 February 2017

Large law firms should consider becoming “general contractors” to manage their clients’ disaggregated legal needs amidst growing demand from in-house lawyers to use alternative legal services providers – with the Big Four accountants a threat “that cannot be overstated” – a new report has suggested.


Dishonest ABS owner who ignored costs ruling is struck off

1 February 2017

A solicitor who lied to clients and ignored a High Court costs ruling has been struck off by the Solicitors Disciplinary Tribunal and ordered to pay costs of nearly £100,000. His ABS was the first to be closed by the SRA on the grounds of a manager’s suspected dishonesty.


Give advice not options, ABS chief tells lawyers

1 February 2017

Lawyers must be prepared to give their clients advice rather than a range of options, the managing director of a fast-growing wealth management and legal services firm has said. The Progeny Group has doubled in size in the past year to 70 staff, including 15 lawyers, and aims to grow just as quickly this year.


Positive client reviews “mean higher fees for lawyers”

31 January 2017

Lawyers who attract a sufficient number of positive client reviews are able to charge higher fees, the head of an online lawyer-matching service has claimed. He also said that having a single “odd-ball review” among a dozen good reviews could increase a lawyer’s standing.


City firm launches ‘alternative legal solutions’ platform

30 January 2017

City law firm Fieldfisher has created an ‘alternative legal solutions’ platform that offers financial services clients “customisable and process-efficient services, all of which go beyond the traditional law firm offering” – and at a lower cost.


LeO investigations of CMCs climbs towards 5,000 as it is warned about impact of PI reforms

30 January 2017

The Legal Ombudsman has investigated almost 5,000 complaints about claims management companies in the two years since its jurisdiction was expanded to cover them. But it has been warned to expect a major influx of more complaints if the government’s personal injury reforms come to pass.


Serial entrepreneur embraces unbundling with launch of ‘para-law firm’

25 January 2017

A legal business which employs paralegals to handle straightforward work directly for clients while managing qualified lawyers on the advisory aspects of their case, has been launched by a serial legal services entrepreneur. He describes it as the UK’s first “para-law firm”.


Pioneering ABS sold to major firm in pre-pack deal

25 January 2017

Pioneering alternative business structure Triton Global has been acquired by national law firm DWF in a pre-pack administration deal that saves all 215 jobs. Triton is a multi-disciplinary insurance business combining legal advice, claims administration and loss adjusting that became one of the first ABSs to introduce employee ownership.


Accounts analysis forecasts grim future for over 500 law firms

24 January 2017

A financial health analysis of law firms based on annual accounts has predicted that at least 500 firms are heading for collapse in the next three years, with law firms at greater financial risk than businesses as a whole – but the profession was warned that the toll could be higher still.


SRA: Law Society governance problems prove need for independence

24 January 2017

The Law Society’s governance troubles – with the resignation of chief executive Catherine Dixon earlier this month – are proof that it is “unsuitable” for any role in the regulation of the profession, the Solicitors Regulation Authority has told the Legal Services Board.

← Page 87 Page 88 of 233 Page 89 →

Blog


AI in family law – drawing the line for clients and lawyers

AI is becoming increasingly intertwined with family law. Clients are using it to draft initial enquiries, prepare statements and, in some cases, to support themselves as litigants in person.


Why AI and leadership choices will define law firm profitability in 2026

Despite rapid advances in legal technology, the future of law will not be determined by software alone. It will be shaped by leadership decisions.


Legal director: an alternative to partnership

Firms are increasingly acknowledging the need for alternative senior roles – positions that offer influence and recognition without the obligations of ownership.