CMC boss faces £1.4m confiscation order over illegal PI data
A man found guilty of illegally obtaining people’s personal data and selling it to personal injury solicitors has been fined for breaches of data protection and issued with a £1.4m confiscation order.
ABSs having “direct and positive impact” on legal market – LSB
Alternative business structures continue to have a “direct and positive impact” on the legal market, the oversight regulator has said, while there are “signs of improvement” at the Legal Ombudsman.
Exclusive: First Bar Standards Board ABS closes down
The first alternative business structure licensed by the Bar Standards Board – a combination of barristers and football agents – has shut down, Legal Futures can reveal.
Guidelines “preserve GCs’ independence amidst corporate tension”
Comprehensive guidelines to boost the roles of and relationships between in-house lawyers and non-executive directors have been drawn up, in the hope of minimising the chances of an ethical lapse.
Elevate secures £20m investment to continue growth spurt
Global law company Elevate – which bought UK law firm Halebury earlier this year – has secured a $25m (£20m) minority investment as it continues to scale up.
Privy Council backs law firm in battle over “franchise arrangement”
The Judicial Committee of the Privy Council has backed a leading offshore law firm after it was denied permission to open an office in Bermuda by the local bar council.
“Formal periodic reaccreditation” for lawyers back on the table
The Legal Services Board is set to begin work on a a review of continuing competence that will revisit the possibility of formal periodic reaccreditation for lawyers.
Eversheds uses ABS to build £100m alternative legal services venture
Eversheds Sutherland is to hive off three of its ‘alternative’ legal services teams into an alternative business structure, from which it will seek external investment to help more than double revenue to £100m.
£13k fine for ops chief who resold firm’s mobiles highlights ABS anomaly
The former head of operations at well-known media law firm Schillings has been banned from working for solicitors after reselling the firm’s used mobile phones and pocketing the proceeds.
Accountants bring the one-stop shop to Cornwall with new ABS
An accountancy firm in Cornwall has set up an alternative business structure to provide will writing, trusts and power of attorney services – which it says is the first one-stop shop of its kind in the county.
