Call for ‘intervention lite’ to turn around distressed firms and halt asset-stripping
The Solicitors Regulation Authority needs to establish a new expert panel that would be called in to help avoid formal intervention into failing law firms – dubbed ‘intervention lite’ – a specialist solicitor has claimed.
Legal Services Board mulls formal probe into SRA’s handling of ABS applications
The Legal Services Board is weighing up whether to launch a formal investigation into the way the Solicitors Regulation Authority is handling alternative business structure applications, Legal Futures can reveal.
Interventions fall but number of solicitors struck off rises by more than half
There has been a 25% fall in the number of law firms closed down by the Solicitors Regulation Authority in the past year, new figures have revealed. But despite the number of solicitors before the tribunal also falling, there was a 55% increase in the number of strike-offs.
IT-driven and partners who manage full-time: is new ABS the model PI firm of the future?
Liverpool-based SGI Legal has set its sights on reshaping the way personal injury law firms operate having received its alternative business structure licence from the Solicitors Regulation Authority.
LSB: concern over behaviour at top of Bar Council and BSB sparked independence probe
The Legal Services Board’s initial probe into the independent regulation of barristers uncovered “a number of concerns about the Bar Council’s and the Bar Standards Board’s behaviour at both junior and senior executive as well as board level”, it has emerged.
Lawyers urged to adapt when advising clients with learning disabilities
Lawyers needs to improve their interpersonal skills, be patient, respectful and remove jargon to provide disabled clients with a better legal service, research has claimed. More also needs to be done to advertise legal services to people with learning disabilities.
Ebay’s former online dispute resolution team targets UK after $5m cash injection
An online dispute resolution business that spun out of eBay is heading to the UK after receiving a $5m cash injection from venture capitalists. Modria is setting up its European operation in the UK, where it will be headed by solicitor Graham Ross.
MPs attack insurers over referral fees and ABSs
MPs have attacked insurance companies for not being more transparent over the referral fees they receive from a range of sources. The transport select committee said “the motor insurance sector remains as opaque as ever”.
Lawyers Online relaunch targets referrals for panel firms
A network of 200 law firms which started life as an internet service provider for lawyers has re-launched as the latest referral website for legal services. Lawyers Online went ‘live’ last Friday, and has immediately set itself up in direct competition with existing marketing collectives.
LeO bids to open doors to clients of unregulated legal services providers
The Legal Ombudsman (LeO) has today begun a debate over whether its remit should be widened to capture complaints against the 130,000 unregulated providers who deliver legal services. It has also raised the prospect of becoming the complaints body for a wide range of professionals.
