Transparency over referral fees in conveyancing work will drive out bad practice, a government official said yesterday, while also calling for greater consistency in how law firms publish their prices.
The Institute of Chartered Accountants in England and Wales is considering a new push to regulate reserved legal activities, three years after its last attempt was knocked back.
It was “fundamentally wrong” for Legal Services Board rules to force the Association of Chartered Certified Accountants to withdraw from legal services, another accountancy body has argued.
Compliance with the rules on price and service transparency is improving but a stubborn minority are facing disciplinary action, the Solicitors Regulation Authority has said.
The frontline regulators may be forced to fund the Legal Choices website if it is to reach its potential to become a “flagship consumer resource”, the Legal Services Board has hinted.
The Council for Licensed Conveyancers has attacked a planned partnership between CILEx Regulation and the Association of Chartered Certified Accountants.
Legal regulators will have to explain more clearly how they spend their practising certificate fees under revised rules proposed by the Legal Services Board.
The Association of Chartered Certified Accountants has decided to withdraw from legal services regulation and contract it out to CILEx Regulation, in the first move of its kind.
Larger law firms face a new levy of £100-200 per £1m of revenue to support the government’s economic crime plan, under proposals outlined by the Treasury yesterday.
Progress by the legal regulators in understanding and tackling ongoing inequalities in the profession is “too slow” and lacks “strategic direction”, the Legal Services Board (LSB) has said. The oversight regulator said there were “fundamental shortcomings” in the collection of… Read More
A revised accounts code that expressly allows firms of licensed conveyancers to use third-party managed accounts has been approved by the Legal Services Board.
Legal regulators have reacted coolly to the recommendation of Professor Stephen Mayson that they be replaced by a single organisation, arguing instead the case for specialism.
A law firm shut down by its regulator last year has been ordered to pay former staff £375,000 for multiple employment law breaches.
The Bar Council and Bar Standards Board have announced a series of measures – including furloughing – to make savings of more than £200,000 to support the profession during the Covid-19 crisis.
Seven of the eight frontline regulators have “confirmed their continued commitment” to the Legal Choices website, despite the Solicitors Regulation Authority no longer wanting to run it.
German investment bank Deutsche Bank recently recommended that those working remotely should pay more in taxes, saying it was a viable solution to create a more inclusive economy.
Attitudes to technology in access to justice might beneficially follow the trajectory of the earlier debate about the best way to deliver legal aid services.
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