News

Millie Grant

CILEx unveils bid to be next ABS licensing authority

The Chartered Institute of Legal Executives has become the latest legal regulator to apply to license alternative business structures. Chartered legal executives have been able to set up their own law firms since 2015, but not if they have non-lawyer ownership or investment.

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BAR Council

“Be prepared to criticise judges pushing reform,” Bar Council chair tells barristers

The rise in judge-led reform means that barristers may to start speaking out against those they appear before, the chairman of the Bar Council has said. The Bar had to change its habits and be “prepared, where necessary robustly”, to criticise a proposal from a senior and respected judge.

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Fraudsters going to “considerable lengths” to impersonate conveyancers

The many ways in which fraudsters try to trick solicitors, property owners, buyers, sellers, borrowers and lenders have been laid out in new guidance issued jointly by HM Land Registry and the Law Society. Meanwhile, a top London law firm has warned solicitors to beware of the HMRC stamp duty land tax calculator.

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Lammy

“Part of the system” – ethnic minority defendants do not trust solicitors, Lammy report finds

Black, Asian and minority ethnic defendants do not trust legal aid solicitors and often enter not guilty pleas against advice as a result, according to a major report. The Lammy Review said BAME defendants often saw duty solicitors as ‘part of the system’ and so pleaded not guilty.

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London Stock Exchange

NewLaw owner unveils strong results as it strengthens law firm’s non-RTA business

Redde, the AIM-listed accident management company that owns two law firms has recorded strong annual results, with turnover up 25% and profits increasing 16%. It also laid out how it is growing the services offered by its main firm, pioneering alternative business structure NewLaw Solicitors, into areas other than road traffic-related claims.

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Competition and Markets Authority

CMA urges legal regulators to move faster on price transparency

The Competition and Markets Authority is concerned at the pace with which regulators are planning to introduce greater price transparency in the legal market, it has emerged. It has also been suggested that greater use of fixed fees could stimulate unmet legal need.

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Lord Thomas of Cwmgiedd LCJ

Lord Chief Justice highlights concern over focus on consumer interest in legal regulation

The outgoing Lord Chief Justice today outlined the judiciary’s “nascent concern” that the public interest too often gives way to the consumer interest in legal services regulation. The comments by Lord Thomas echo those of the incoming president of the Supreme Court, Baroness Hale earlier this year.

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coins

Solicitor who overcharged by 574% struck off

A solicitor has been struck off after being found by the Solicitors Disciplinary Tribunal to have dishonestly charged an estate “manifestly excessive” fees for probate work – almost nine times the agreed amount. The solicitor had told the executor he would charge 3% of the estate but ended up charging 26%.

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Regulation and Compliance Conference

SRA issues holiday sickness claims warning as it probes 31 firms for referral ban breaches

The Solicitors Regulation Authority has warned law firms that they are not doing enough to weed out “false or dubious” holiday sickness claims and that some are engaging in shady practices like encouraging clients to delete evidence. It is also investigating 31 firms over potentially improper referral arrangements with claims management companies.

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Andrew Lloyd 2017

Conveyancing work falls to lowest level in three years

Conveyancing work has fallen to its lowest level since the middle of 2013, and the number of firms actively doing the work hit a new low, a survey has found. While the top five firms have been “insulated” from the lull in the market, the smallest operators outside the top 1,000 conveyancing practice have suffered the most.

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