Tag Results
LSB attacks “arbitrary nature” of separate business rule
Friday, 10 October 2014The Legal Services Board has attacked the “arbitrary nature” of the separate business rule used by the Solicitors Regulation Authority, and said the list of what is permitted and what is not is “confusing”.
Tags: Legal Services Board, separate business rule, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Regulation, Solicitors
Legal Ombudsman outlines test for dealing with complaints about MDPs
Friday, 19 September 2014The Legal Ombudsman has introduced a policy for dealing with complaints about organisations which provide non-legal as well as legal services, such as some alternative business structures and, shortly, accountants who offer probate advice.
Tags: ABS, Alternative business structures, complaints, Legal Ombudsman, Legal Services Act, LeO, MDP, multi-disciplinary practice, separate business rule
Posted in Alternative business structures, Latest news, Legal Ombudsman
ABSs set to cross the Atlantic
Friday, 15 August 2014The global spread of alternative business structures (ABSs) took a major step forward yesterday after a report by the Canadian Bar Association strongly backed their introduction.
Tags: ABS, Alternative business structures, separate business rule
Posted in Alternative business structures, Latest news, Legal Services Act
SRA chief executive outlines “back to basics” approach
Friday, 16 May 2014The new chief executive of the Solicitors Regulation Authority, Paul Philip, has used one of his first public platforms since being appointed to outline the new “back to basics” approach he wants the regulator to take.
Tags: ABS, Alternative business structures, MDP, Multi-disciplinary practices, separate business rule, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
SRA signals fresh approach to regulation
Thursday, 1 May 2014The Solicitors Regulation Authority has signalled a fresh approach to its work, with a focus on simplifying the requirements it imposes and ensuring they are proportionate.
Tags: OFR, outcomes-focused regulation, separate business rule, Solicitors Regulation Authority
Posted in Latest news, Solicitors
SRA imposes conditions on PwC and Direct Line’s ABS licences
Monday, 3 February 2014The Solicitors Regulation Authority has hedged the award of alternative business structure (ABS) licences to accountants PricewaterhouseCoopers and insurer Direct Line Group with a host of conditions, it has emerged.
Tags: Legal Services Board, separate business rule, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
SRA “loosening shackles” of separate business rule
Monday, 5 August 2013There are signs of the Solicitors Regulation Authority relaxing its strict interpretation of a key rule which may be “dampening” innovation and new entrants to the market, according to the Legal Services Board.
Tags: Legal Services Board, separate business rule, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Legal Services Board, Solicitors
Exclusive: SRA rejects LSB call for review of separate business rule
Wednesday, 20 February 2013The Solicitors Regulation Authority has rejected a demand by the Legal Services Board that it start a review of the separate business rule, saying it can see “very little public interest justification” for doing so.
Tags: Legal Services Board, separate business rule, Solicitors Regulation Authority
Posted in Latest news, Legal Services Board, Solicitors
Legal Services Board presses SRA not to shackle law firms and ABSs delivering non-reserved work
Monday, 18 February 2013The rule which prevents solicitors and alternative business structures from hiving off non-reserved legal work into unregulated businesses risks making legal services more expensive, distorting competition and preventing innovation, the Legal Services Board has warned.
Tags: Legal Services Board, reserved legal activities, separate business rule, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Legal Services Board, Solicitors
Consumer panel: lift ban on law centres and other not-for-profit advisers charging for work
Friday, 13 July 2012The ban on law centres and other not-for-profit organisations charging for advice should be lifted as part of plans to bring them into the alternative business structure regime, the Legal Services Consumer Panel has said.
Tags: ABS, Alternative business structures, Legal Services Board, Legal Services Consumer Panel, not-for-profit, reserved legal activities, separate business rule
Posted in Alternative business structures, Consumer panel, Latest news