- Wednesday, 12 April 2017
The Legal Services Board has persuaded all the legal regulators to produce straightforward annual statements on their costs so that practitioners can clearly see how their money is being spent, it has emerged. As a result, the LSB has shut down its cost of regulation project and publish its own statement of costs.
Tags: Legal regulators, Legal Services Board
Posted in Latest news, Legal Services Act, Legal Services Board, Regulation
- Monday, 19 September 2016
The Federation of Small Businesses has recommended that legal services regulators be given sweeping powers to force providers to make public wide-ranging information on pricing and client feedback. The not-for-profit organisation, which lobbies for the interests of SMEs, also advised that ‘unmet need’ among small businesses is addressed by boosting the information available on what problems might have legal remedies.
Tags: comparison sites, Federation of Small Businesses, Legal regulators, SMEs
Posted in Latest news, Regulation
- Thursday, 23 July 2015
There are a lot of things that lawyers and the government do not agree about. One area where they do, generally speaking, is the need for deregulation. The ‘legal regulators’ (this now includes the Institute of Chartered Accountants in England and Wales) were keen to show just how much they agree in the three reports sent by the Legal Services Board to justice minister Shailesh Vara this week.
Tags: client accounts, Legal regulators, Solicitors Regulation Authority
Posted in Blog
Planning for retirement
8 July 2020
In 2006 I started thinking about retirement whilst founding a boutique practice specialising in partnership and employment law. Ten years later, a friend told me that I would never be able to retire.
Time for a new regulatory settlement
3 July 2020
The problem with reform based on a compromise with vested interests is that it ends up being more pig’s ear than silk purse and the Legal Services Act 2007 is no exception.