LSB approves SRA’s new transfer scheme
The Solicitors Regulation Authority has overcome a raft of concerns from the Legal Services Board to win approval for the new Qualified Lawyers Transfer Scheme. Some 26% of new solicitors in 2009 were either former barristers or international lawyers.
LSB tells bar regulator to up its game
The Legal Services Board has told barristers’ regulator that it will need to up its game – and perhaps embrace outcomes-focused regulation – to keep pace with liberalisation of the bar. “We expect that the BSB will invest in its skills and regulatory capacity,” it said.
Consumer chief calls for lawyers’ competence to be tested every five years
Lawyers should undergo five-yearly competence testing, as well as face peer review of the advice they provide clients, the chairwoman of the Legal Services Consumer Panel has said.
Index to measure success of legal reforms
A ‘Consumer Welfare Index’ that will measure the effectiveness of the legal services reforms is to be developed by the Legal Services Consumer Panel, it announced today (30 March). The panel will also look to help price comparison websites operate properly in the legal market.
Green light for barristers to join LDPs, but LSB says bar still has a way to go
The Legal Services Board has approved plans to allow barristers to become partners in legal disciplinary practices but warned that the changes “go only part of the way towards opening up the market in the interests of consumers”.
New advocacy scheme goes live on 1 April
The new scheme for solicitors to acquire rights of audience will finally go live on 1 April after the Ministry of Justice gave the SRA the go-ahead. Qualification will be through an assessment based on competence standards, with no experience exemption any more.
Legal Ombudsman heads towards opening
The Legal Ombudsman – the operating name of the Office for Legal Complaints – has officially opened its new home in central Birmingham and announced its first wave of recruitment for more than 300 workers.
SRA reaches out over new regulatory regime
The SRA has launched what it describes as its biggest-ever consultation exercise as it seeks to engage the profession over the introduction of outcomes-focused regulation and alternative business structures.
Strong results for Co-op Legal Services
Profits at Co-operative Legal Services more than doubled last year, preliminary figures have shown. Sales from the legal arm grew 45%, to £20 million, with operating profits up £2.1 million to £3.8 million.
Conveyancers not diversifying despite growing competition
High street conveyancers are not comfortable about diversifying into other areas of practice, research has found. Some 60% were wary of moving into fields such as litigation and probate.
