Spiralling partnership disputes and “partner-exiting climate” encouraging specialist ADR
A spiralling number of partnership disputes is encouraging the development of specialist alternative dispute resolution, experts have said. It has led to the Association of Partnership Practitioners launching a Directory of Partnership Dispute Arbitrators and Mediators.
The impact of the VAT rise on lawyers
Experts at the Institute of Legal Finance & Management explain the impact of today’s VAT rise on billing by solicitors, barristers and other lawyers
OFT opposes will-writer regulation, while banks seek exemption from any new regime
The Office of Fair Trading (OFT) is opposing the regulation of will-writers, saying it may well be disproportionate and unnecessary. It has also emerged that the OFT is working with the Solicitors Regulation Authority and Institute of Professional Will-writers to improve advice to consumers on executor services.
Solicitor pays out for poor costs information in first ever ombudsman decision
The Legal Ombudsman service has issued its first formal decision, it has emerged. The first case to go all the way through to a final decision by an ombudsman concerned a complaint over delay and whether the costs were explained clearly.
ABSs to face fines of up to £150m
Alternative business structures face a fine up of to £150 million for misconduct or non-compliance, with a figure of £50 million for individuals working within them, under plans released by the Legal Services Board (LSB). The LSB said such large figures “will have strong deterrence in the market and avoid situations where any entity or individual may consider ‘pricing in’ non-compliance”.
Crackdown on PI advertising begins
The crackdown on personal injury advertising started today as the Ministry of Justice unveiled plans to ban inducements to bring a claim. The current rules for claims management companies only ban the offer of “immediate” cash payments or similar benefits, but a consultation issued today proposes extending that to all inducements for making a claim.
SRA and BSB set to launch “legal services stakeholder network”
The Solicitors Regulation Authority and the Bar Standards Board are set to launch a “legal services stakeholder network”, to give the public a direct say in how legal services are regulated, Legal Futures can reveal.
Anti-Jackson campaign grows amid warning of “monopoly” legal services suppliers
Twelve law firms have so far joined claims management companies and legal expenses insurers in the campaign to oppose implementation of the Jackson reforms. The Access to Justice Action Group has already begun lobbying MPs, and also told the justice select committee that the impact of the reforms on solicitors could lead to monopoly suppliers of personal injury legal services. It has also emerged that some restrictions on personal injury advertising are in the offing.
The salaried partner is dead. Long live the fixed-share partner
In the wake of the recent ruling that a fixed-share partner is a partner, not an employee, Mark Briegal of Legal Futures Associate Ralli looks at the advantages to both law firm and lawyer of a fixed share over a salary
Elite firms pass over good candidates whose accents are not “smart” enough, says study
Some elite London law firms are passing over well-qualified, white working-class job applicants in favour of middle-class graduates from elite universities who they think they are better for their image, new research says. The firms studied had successfully recruited ethnic minority candidates as part of diversity programmes, but rejected able working-class students because their appearance or accent was not thought “smart” enough.
