Paraskeva returns to the law as CLC chair
Former Law Society chief executive Dame Janet Paraskeva has been named as the new chair of the Council for Licensed Conveyancers. Dame Janet, a non-lawyer, has been appointed for an initial four-year term.
‘We’ve done our homework on Quindell,’ Slater & Gordon insists
Slater & Gordon has moved to dispel any doubts about the wisdom of its acquisition of Quindell’s professional services division (PSD), emphasising the work it put into going over the books. It also revealed that the PSD will operate as a standalone division.
Not so clever: 80% of lawyers rate themselves as ‘above average’ but only 40% of clients see it that way
Although 80% of lawyers at small firms rate their services as ‘above average’ only 40% of clients rate them that way, a major study has found. The survey found that lawyers misunderstood clients’ priorities.
Now barrister ‘named and shamed’ by LeO is suspended for not paying other barristers
Tariq Rehman, the first lawyer to be ‘named and shamed’ by the Legal Ombudsman for a series of complaints, has been suspended by a Bar disciplinary tribunal. The tribunal suspended him for failing to pay three other barristers for work they had carried out.
Quindell sale moves closer after shareholders approve deal
The sale of Quindell’s professional services division moved a major step closed today after the company’s shareholders approved the disposal to Slater & Gordon.
Solicitors set for client account alternative this year
Solicitors will soon be able to ditch client accounts and instead use “third-party managed accounts”, their regulator has revealed. THe SRA said the use of such accounts may offer a lower-cost alternative that continues to provide appropriate protection.
SRA pokes hornets’ nest as it asks whether to drop referral fee ban in legal aid cases
The Solicitors Regulation Authority yesterday started an “open” debate about allowing solicitors to pay referral fees for legal aid and criminal work, saying the present ban acts as a barrier to consumer choice. The move is likely to be met with anger by the Bar Council.
Unnecessary ABS approval rules to be scrapped in latest regulation bonfire
The rule which requires the Solicitors Regulation Authority to approve the individuals who own companies that in turn own alternative business structures is set to be scrapped. The requirement for firms to keep a record of non-material breaches of the SRA Handbook may also go.
Almost half of law firms say PII brokers failed to disclose commissions
Almost a half of law firms using insurance brokers to secure their indemnity cover in last year’s renewal said brokers failed to reveal their commissions, a Law Society survey has revealed.
Global insurance giant backs legal business’s ambitious growth plans
Insurance giant Markel has laid out its plans to rapidly expand LHS Solicitors, an alternative business structure which combines the law firm and legal helpline it bought last year as part of its acquisition of Abbey Protection Group plc.
