Private Client
CILEx calls for permanent power of attorney change
The Chartered Institute of Legal Executives has called for a permanent law change after the Land Registry began accepting copies of lasting powers of attorney certified by CILEx lawyers.
Farewill raises £20m to fuel exponential growth
Online will-writer Farewill has raised £20m as it targets a major expansion in revenue, staff numbers and new services, including powers of attorney.
Why the rise in contentious probate cases is set to continue
There is no doubt that contentious probate work is growing. We do not like paying more than a couple of hundred pounds for a will, but then are seemingly happy to spend thousands taking our relatives to court, and the two do not sit happily together.
Financial adviser owned by staff and clients launches ABS
A firm of financial advisers has launched an alternative business structure to provide its clients with legal services which it claims are faster and “at least a third cheaper”.
Employment and commercial work fare best during crisis
Employment and commercial work are seeing the biggest increases in demand from clients, research has found. However, lockdown has had a “devastating impact” on other practice areas.
Judge: Investor who lost pension was not law firm’s client
A man who lost his pension after investing in self-storage pods with disastrous results was not the client of the law firm who advised on it, a judge has held.
Tribunal “incredulous” after firm secretary ends up in client’s will
An employment tribunal has expressed its “incredulity” at the way a solicitor’s former secretary befriended one of his clients and ended up in the client’s will.
Blog
Change in regulator shouldn’t make AML less of a priority
While SRA fines for AML have been climbing, many in the profession aren’t confident they will get any relief from the FCA, a body used to dealing with a highly regulated industry.
There are 17 million wills waiting to be written
The main reason cited by people who do not have a will was a lack of awareness as to how to arrange one. As a professional community, we seem to be failing to get our message across.
The case for a single legal services regulator: why the current system is failing
From catastrophic firm collapses to endemic compliance failures, the evidence is mounting that the current multi-regulator model is fundamentally broken.
