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.
The Legal Services Board is launching a formal review of the Bar Standards Board’s leadership and decision-making in the wake of its controversial decision to stop funding the Legal Choices website.
The Council for Licensed Conveyancers has become the first regulator to offer financial help during the coronavirus crisis, allowing the firms it regulates to defer the regulatory fees they pay.
Legal professionals involved in court and tribunal hearings, as well as those advising people deprived of their liberty or on executing wills are ‘keyworkers’, the Ministry of Justice has said.
There has been a “strong improvement” among the legal regulators in their approach to anti-money laundering, their oversight body has reported.
The Competition and Markets Authority has expressed concern that conveyancers’ advice to leasehold clients may be compromised by their relationships with developers.
During uncertain times law firms must be sure that every single marketing activity is driving lead generation, supporting client engagement and protecting brand reputation.
How much will graduates of the SQE be able to use and apply the Standards & Regulations, not in a classroom, or in a hypothetical situation, but on a rainy Tuesday with a client or their boss shouting at them?