News

the road of money

SDT throws out case against solicitor over SRA abuse of process

The Solicitors Disciplinary Tribunal has taken the highly unusual step of throwing out proceedings taken against a solicitor, finding that the actions of the Solicitors Regulation Authority constituted an abuse of process.

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Legal Futures conference April 2012

Edmonds: LSB is interventionist and proud of it

The role of the Legal Services Board is to get involved and intervene – not to sit, watch and react – its chairman said yesterday, hitting back at critics of its activism. David Edmonds said the phrase “oversight regulator” does not appear in the Legal Services Act.

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Cell Phone

Three-quarters of people have received CMC ‘pest texts’, says research

Three in four people have received an unsolicited text or phone call from a claims management company offering them the chance to claim compensation, even though almost all had no grounds to bring a claim, according to research.

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Legal Futures conference April 2012

LSB calls on profession to engage with comparison websites and “will consider” accrediting them

The Legal Services Board has urged regulators and professional bodies to engage with comparison websites for the benefit of consumers, including providing access to their registers, Legal Futures can reveal.

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for sale sign

Co-op accuses solicitors of hiding conveyancing charges in small print

Co-operative Legal Services has accused some solicitors of hiding extra charges in the small print of their quotes. The warning to consumers is the first sign of an aggressive push now it has its ABS licence.

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Scottish boy with the flag of Scotland

ABSs stimulating a surge in the Anglo-Scottish urge to merge, say experts

The recent spate of Anglo-Scottish mergers will not be the last as Scotland gears up for its own alternative business structure regime going live, it has been predicted. There has been a “surge in M&A activity in the Scottish legal market”.

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inns of court

Revealed: new “bias” concern ramps up Bar disciplinary controversy

The controversy brewing over faulty appointments to Bar disciplinary panels – and the impact this could have on the decisions they took over recent years – has taken a new turn, Legal Futures can reveal.

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Making the Neil Hudgell Solicitors TV ad in Hull

News in brief: Quindell targets CMC aggregation, “charitable referral fees”, solicitor ad wins TV award

Our regular round-up of news snippets features another acquisition by ABS-in-waiting Quindell Portfolio, a solicitor’s TV ad winning a Royal Television Society award, a firm donating referral fees to charity, and ABS compensation fund arrangements.

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Anthony Bellau

Exclusive: mid-market private equity house targets law firm investment

Mid-market private equity business August Equity has become the latest to outline its intention to invest in the legal market, Legal Futures can reveal. It typically invests between £10m and £30m in equity.

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Ten Pounds

Consumer panel calls for five-fold increase in LeO’s compensation limit to £150,000

The current limit of compensation that the Legal Ombudsman can award complainants should increase five-fold to £150,000, the Legal Services Consumer Panel has recommended. It also called for abolition of the two ‘free’ complaints every firm/lawyer is allowed each year without incurring a case fee.

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