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Exclusive: Unique ABS joining licensed conveyancers with accountants looks to expand

A multi-disciplinary alternative business structure is looking to build on its unique combination of licensed conveyancers and chartered accountants. Known as Optimum Professional Services, it is hoping to expand into commercial property work and possibly other areas of law.

January 22nd, 2018 | No Comments »

ABS “engenders more entrepreneurialism” among conveyancers

Alternative business structures are far more likely to invest in their businesses than non-ABSs, research in the licensed conveyancer community has suggested. The survey provided an unprecedented snapshot of how this part of the legal market operates, including what it charges.

November 29th, 2016 | No Comments »

CLC set to resume narrowed litigation rights battle

The Council for Licensed Conveyancers is to continue its bid to regulate the conduct of litigation but will focus on property-related litigation, it has announced. Meanwhile, the regulator is to farm out its role as an education provider because of a “clear conflict”.

October 9th, 2013 | No Comments »

Call to end “double regulation” of conveyancers through CQS and lender criteria

The Law Society’s conveyancing quality scheme and lender-specific requirements amount to double regulation of lawyers and there needs to be a sector-wide effort to resolve the problem, the Council for Licensed Conveyancers has urged.

September 5th, 2013 | 2 Comments »

Conveyancers face new referral fee disclosure rules but no ban

The Legal Services Board has backed improvements to the transparency of referral fees paid by licensed conveyancers following a review that found absolutely no justification for a ban.

August 8th, 2013 | 1 Comment »

Licensed conveyancers support retaining referral fees

A ban on referral fees in conveyancing is unjustifiable, according to a narrow majority of respondents to a Council for Licensed Conveyancers consultation – but there was strong support for enhanced disclosure requirements.

April 30th, 2013 | 1 Comment »

Home-buyers have little interest in conveyancing from brand names, says survey

Just 8% of recent home-buyers would seek out a big brand such as the Co-op to handle their conveyancing the next time they move, a consumer survey has found as Conveyancing Association launched customer service ‘pledges’ that it says are a first for the industry.

December 14th, 2012 | No Comments »

Ombudsman warns of dangers of ABS conveyancing factories putting volume over service

Alternative business structures will create “conveyancing factories” that exert a downward pressure on prices and could lead to an upsurge in complaints because of a focus on volume over service, the Legal Ombudsman has warned.

December 11th, 2012 | 3 Comments »

Conveyancers reject Law Society call for referral fee ban

The Council for Licensed Conveyancers has rejected Law Society calls for a ban on referral fees in conveyancing, although it is proposing to increase the disclosure requirements on firms. It found “little evidence of significant detriment” to consumers.

December 10th, 2012 | 1 Comment »

ABS licence for top building society and estate agency

A volume conveyancing business owned by Britain’s fourth largest building society is targeting a move into other areas of legal services after receiving its alternative business structure (ABS) licence.

October 24th, 2012 | 1 Comment »