- 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
As we look towards the end of 2021 and at how the Bar has adapted to the harsh realities of the pandemic, the question beckons as to what the future holds.
The global coronavirus pandemic, and the rise in people working from home, has unfortunately provoked a growth in cyber-crime. The UK government estimates that the cost of cyber-crime is £27bn per annum.
When does an after-the-event insurance policy provide adequate security for a defendant’s costs? The short answer is that it very much depends on the wording of the particular policy.