- Monday, 27 June 2011
A single regulator for all legal services is “logical and plausible”, but not inevitable, a report for the Legal Services Board has concluded. Former Ministry of Justice official Nick Smedley argued that the existence of multiple regulators “focused on the differences of individual practitioners” is unlikely to be relevant in a post-alternative business structures market.
Tags: Association of Costs Lawyers, Chartered Institute of Patent Attorneys, CLC, Costs Lawyer Standards Board, Council for Licensed Conveyancers, ILEX, ILEX Professional Standards, Institute of Trade Mark Attorneys, IPReg, Legal Services Board, Master of the Faculties
Posted in Barristers, Legal Executives, Legal Services Board, News, Other lawyers, Solicitors
- Monday, 1 November 2010
Solicitors are set to shoulder the vast majority of the Legal Services Board (LSB) and Legal Ombudsman’s (LeO) £25m annual running costs for the next three years at least, it emerged today. The LSB confirmed that it would proceed with its plan to levy its own £5m costs on the basis of the number of authorised persons overseen by each approved regulator, and most of LeO’s £20m costs based on the number of complaints generated by each group.
Tags: Bar Council, Barristers, Council for Licensed Conveyancers, Institute of Legal Executives, Law Society, Legal Executives, Legal Ombudsman, Legal Services Act, Legal Services Board, Master of the Faculties, Solicitors, Solicitors Regulation Authority
Posted in Barristers, Legal Executives, Legal Ombudsman, Legal Services Board, News, Other lawyers, Regulation, Solicitors
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.