News

cardiff

15 south Wales law firms join forces with chambers to bid for criminal contract

Fifteen south Wales law firms are set to merge back-office operations and link up with a leading chambers with a view to bidding for a criminal legal aid contract as a single business. It is a move that could foreshadow the future organisation of criminal defence work.

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surgeons

Seriously injured and disabled could suffer under Jackson reforms, MPs warn

The Jackson reforms could “impact negatively on some of the most seriously injured or disabled claimants”, an influential committee of MPs has warned. It also called for a review of the regulation of claims management companies amid concerns about their role in clinical negligence claims.

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Ten Pounds

Commercial lawyers “are failing to understand their clients”, reports survey

A sizeable slice of corporate lawyers is misunderstanding the fundamental drivers of client satisfaction, according to new research which also found that less than a fifth of general counsel have final choice over selecting external legal advisers.

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ChrisKenny

A single regulator for all lawyers post-ABS is “logical and plausible”, says LSB report

A single regulator for all legal services is “logical and plausible”, but not inevitable, a report for the Legal Services Board has concluded. Former Ministry of Justice official Nick Smedley argued that the existence of multiple regulators “focused on the differences of individual practitioners” is unlikely to be relevant in a post-alternative business structures market.

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Dianne Hayter web

Consumers have benefited from legal reforms but still “lack power”, says report

The four years since the Legal Services Act have seen “positive changes” for consumers, but many problems persist, the first ever assessment of the reforms has concluded. The consumer impact report, published today by the Legal Services Consumer Panel, says consumers usually get the outcomes they want and most are happy with the service they receive – although it points out that they have little experience against which to judge this.

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graduation students

Would you have spent £90K on your law degree? Half of lawyers say “No”

Increases in tuition fees means the overall cost of a law degree is nearly £90,000 and only half of lawyers would have gone to university had it cost as much when they studied, a survey has found. Legal recruiter Laurence Simons argued that this shows UK universities are failing and need to adopt the controversial approach of the philosopher AC Grayling, who is setting up a new private university, and also embrace apprenticeships.

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will 2

ICAEW bids to regulate accountant-led ABSs on back of probate rights application

The Institute of Chartered Accountants in England and Wales (ICAEW) is investigating how it can license accountancy firms to become alternative business structures and provide legal advice to clients, Legal Futures can reveal. The ICAEW is set first to apply for the right to regulate its members to provide reserved probate activities.

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hiding bewind an umbrella

Insurer blames SRA after opting not to enter solicitors’ professional indemnity market

A potential new professional indemnity insurer has blamed the Solicitors Regulation Authority’s failure to tackle the market’s problems more quickly as the reason it will not be offering cover to law firms this year.

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test

New research on aptitude tests warns of potential inherent bias

There are a number of risks and dangers associated with using an aptitude test to select law students – particularly that it will favour those from privileged and certain class and ethnic backgrounds – a report commissioned by the Legal Services Board has concluded.

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Big Ben

Client account interest safe as legal aid lawyers face £430m income cut

The government today dropped the idea of creaming off interest from solicitors’ client accounts to offset the cost of legal aid. The decision will come as a small consolation to legal aid law firms, which the Ministry of Justice impact assessment says will earn, along with barristers, £430m less from legal aid than they do now.

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The legal sector is enjoying its strongest period of growth in 15 years, driven by private equity investment, merger and acquisition activity, AI and a wave of new business models The Law Firm Growth Report explores the strategic choices facing… Read More