Other lawyers

Exclusive: Paralegal bodies split by “irreconcilable differences” as regulator pushes for expansion

PPR event

One of the two paralegal bodies which developed the Professional Paralegal Register (PPR) to act as a voluntary regulator for the sector, has decided to pull out after only two years, it has emerged. The National Association of Licensed Paralegals withdrew this summer, citing “irreconcilable differences” over the values and purpose of the PPR.

December 8th, 2017

LSB rejects call to harmonise indemnity insurance and compensation rules

A blank file in a filing cabinet

The Legal Services Board has rejected a call from its consumer panel to consider a centralised regime of financial protection for clients to replace what the panel called the “fragmented” nature of insurance and compensation arrangements across the different legal regulators.

December 1st, 2017

CMC which failed in its due diligence over text messages loses bid to overturn regulator’s £50,000 fine

text message

A claims management company has failed to overturn a £50,000 fine imposed by the Claims Management Regulator last summer for breaching the rules relating to third-party referrals, misleading information and keeping proper records.

November 30th, 2017

LSB reveals “stream of disagreements” as it begins review of regulatory independence rules

Neil Buckley

A “steady stream of disagreements” between legal regulators and representative bodies means the rules governing their relationships may need to be rewritten, the Legal Services Board said yesterday. The oversight regulator said it had been notified of 30 disputes over the past three years.

November 10th, 2017

Government floats referral fee ban and acting for both sides in bid to improve home-buying process

Sajid Javid

A ban on estate agents charging solicitors referral fees along with loosening the restriction on conveyancers acting for both seller and buyer were suggested by the government yesterday as possible reforms to improve the home-buying process. It also said it wanted to look at how competition in the conveyancing sector could be improved.

October 23rd, 2017

Claims management regulator bids to stem unauthorised businesses

Closed sign

The Claims Management Regulator has stepped up its focus on businesses operating without authorisation, particularly those in the holiday sickness market, after receiving more than 200 complaints in just three months. It prosecuted one company earlier this month, resulting in a £40,000 fine.

October 23rd, 2017

LSB removes run-off obstacle to firms switching regulators

A blank file in a filing cabinet

The Legal Services Board has approved a rule change by the Solicitors Regulation Authority which will make it easier for law firms to switch regulators. In a move which is likely to see more firms leave the SRA than join it, the requirement that they must obtain six years of run-off cover before switching to another regulator will be removed.

October 5th, 2017

LSB gives thumbs up to regulators’ action plans for price and service transparency

Neil Buckley

The Legal Services Board has marked as “sufficient” action plans produced by legal regulators to introduce price transparency and release other information to the public to help with purchasing decisions. The verdict on the original action plans published at the end of June came in the wake of the regulators moving to the next stage of consulting on how they would implement transparency.

October 3rd, 2017

Revealed: BSB set to expand price transparency obligation beyond public access to referral Bar

Sheila Kumar 2

The Bar Standards Board will say today that new rules on publishing prices should extend to referral barristers as well as those handling public access work. It comes as the Council for Licensed Conveyancers also issued their plans for improving transparency to help the consumers of legal services.

October 2nd, 2017

March of accountants halted as Lidington rejects bid to handle tax litigation and advocacy

David Lidington

The Lord Chancellor, David Lidington, has unexpectedly rejected the Legal Services Board’s recommendation that chartered accountants should be able to handle litigation, advocacy and legal instruments in taxation work. It is the first time the Ministry of Justice has rejected a regulatory extension of this nature,

September 22nd, 2017