BSB apologises for failing to review contractual terms and cab-rank rule
Vanessa Davies, director of the Bar Standards Board (BSB), has apologised “for any impression that may have been created that we do not take our regulatory obligations seriously” after the BSB failed to launch a review of the standard contractual terms and the cab rank rule.
Osborne’s tax changes take gloss off benefits of incorporating law firms
The tax benefits for law firms of incorporating have been reduced thanks to surprise changes announced by the Chancellor in this week’s Autumn Statement. Law firms have been incorporating in large numbers, with tax advantages in both the initial transition and the ongoing practice.
‘Public access’ barrister disbarred for lying about immigration application
A barrister has been disbarred for lying about submitting an immigration application on behalf of a client’s mother-in-law. It also emerged at a Bar disciplinary tribunal that Michael William Wainwright was not qualified to act as a public access barrister.
Big legal brands unveil new marketing campaigns
Forget the John Lewis Christmas advert – lawyers have stepped up efforts to target the over-50s and the victims of medical accidents in the latest high-profile marketing pushes by QualitySolicitors and First4Lawyers respectively.
IPS applies to raise fines limit for legal executives from £3,000 to £50m
ILEX Professional Standards (IPS) has applied to the Legal Services Board (LSB) to raise the maximum fines limit for chartered legal executives from the current £3,000 to a top level of £50m.
SRA rejects bid to give law firms open access to BARCO
A request by the Bar Council for law firms to be given automatic access to BARCO has been rejected by the Solicitors Regulation Authority, it has emerged.
Bar Council warns on potential “cost to quality” from CPD move
The Bar Council has warned of a potential “cost to quality”, following an announcement from the Bar Standards Board (BSB) that from next month it will only accredit CPD providers, and not individual courses.
Unbundling – a necessity for consumers or risk to professional standards?
The potential for unbundling legal services to help consumers – and particularly litigants in person – is to be examined in a research project being commissioned by the Legal Services Board and Legal Services Consumer Panel.
BSB anticipating hundreds of barrister businesses after receiving entity regulation green light
The Bar Standards Board has doubled its prediction of how many entities it expects to be overseeing by the end of 2015 after receiving Legal Services Board approval to regulate businesses.
Phone scams hit solicitors, with four firms losing £2m
Four law firms have recently lost £2m from their client accounts after falling victim to scammers who tricked them into disclosing bank security information over the telephone, the Solicitors Regulation Authority has warned.
