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LSB to put heat under approved regulators over how they spend practising fees

The Legal Services Board is to tell the approved regulators that they must consult those they regulate about setting the level of practising fees beyond what is needed simply for regulation, it has emerged.

May 13th, 2014 | 1 Comment »

Money for nothing?

The Legal Services Board’s call last week for an “open debate” on the cost of regulation will not have gone down a storm at Chancery Lane, I’d wager. The part of the practising fees most under threat from such a conversation is surely the 24% that goes to the Law Society for work that is essentially representative in nature but seen as being sufficiently in the public interest for solicitors to fund via compulsory levy. For now, anyway.

September 28th, 2012 | No Comments »

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