“Productive and innovative” ABSs beginning to make their mark, says LSB
New business structures are more productive and innovative than traditional law firms, Legal Services Board research has found. It also said that alternative business structures are “starting to have an impact” on some parts of the market and collectively have a 5% market share.
Solicitors Disciplinary Tribunal: increase in dishonesty findings and strike-offs
The number of solicitors found to be dishonest and struck off rose in the past year, even though there has been a sharp fall in the number of applications made to the Solicitors Disciplinary Tribunal, according to its annual report.
SRA refuses to licence ABSs aiming to circumvent referral fee ban
The Solicitors Regulation Authority has rejected potential alternative business structures on the basis that the aim was really to continue illegal referral fee arrangements, it emerged this week.
ASA rejects complaints from unhappy client unable to post negative review on ratings website
The Advertising Standards Authority has rejected complaints that positive online reviews for a law firm were fake and that the website hosting them would not accept negative reviews. This was the first complaint of its kind involving a law firm.
Consumers fear stepping into the unknown when using lawyers, says SRA
Not knowing what to expect when using a lawyer is the key problem faced by many consumers, research by the Solicitors Regulation Authority has found. The SRA, with other legal regulators, is set to tackle this in part through a new consumer-facing website, called Legal Choices.
The legal textbook publisher that’s now a law firm
Jordans – the business known for company formation services and publishing legal textbooks – now has a corporate law firm after receiving its alternative business structure licence.
NAH teams up with top insurer as PI firm unveils trio of ABSs
Minster Law – the major claimant practice now owned by insurance group BGL – has joined top personal injury marketing business National Accident Helpline (NAH), becoming its largest panel member.
MoJ insists it has “appetite” for legal regulation review
The Ministry of Justice has dismissed suggestions that it is not committed to its review of legal regulation. However, it is not putting a timetable on how quickly it will decide the next steps after reviewing the submissions received.
SRA: Law Society “inadvertently” makes case for independent regulation
The Law Society’s bid to regain responsibility for much of the regulation of solicitors has “inadvertently” made the case for completely independent regulation, a leading figure at the Solicitors Regulation Authority has claimed.
ABS licence allows Devon accountants to add legal service
A firm of accountants in Devon has become only the third to launch a legal arm after winning an alternative business structure licence. Davisons Legal Services began trading last week, with former City lawyer Philip Vickery as its head of legal practice.
