Tag Results
Reserved activities rule removed after SRA assurance that it is not looking to regulate the unregulated
Wednesday, 10 February 2016Law firms no longer need to carry out reserved activities in order to be regulated by the Solicitors Regulation Authority – but the regulator has offered assurances that it will not seek to bring the currently unregulated into its net as a form of quasi-accreditation.
Tags: Legal Services Board, reserved activities, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Legal Services Act, Legal Services Board, Regulation, Solicitors
Lawyers denied further chance to complain, as LSB avoids government review
Wednesday, 23 December 2015Lawyers will have to wait patiently for another chance to complain to the government about the Legal Services Board (LSB) as it emerged that the board’s second ‘triennial review’, due this year, has been scrapped.
Tags: bar standards board, Legal Services Board, Ministry of Justice
Posted in Latest news, Legal Services Act, Legal Services Board
LeO to get new performance plan next year as it falls even further behind on targets
Thursday, 17 December 2015The Office for Legal Complaints is to put in place a new performance plan for the Legal Ombudsman next year to tackle falling standards, it has emerged. Steve Green, chair of the OLC, promised things would be on an “upward trajectory” next year.
Tags: Legal Ombudsman, Legal Services Board, Office for Legal Complaints
Posted in Latest news, Legal Ombudsman, Legal Services Act, Legal Services Board
LSB joins solicitors in questioning government’s criminal advocacy plans
Tuesday, 1 December 2015The Legal Services Board has joined solicitors in questioning government plans to introduce additional regulation of criminal advocacy. The Bar Council supported the proposals by the Ministry of Justice.
Tags: advocacy, Bar Council, Barristers, Legal Services Board
Posted in Barristers, Consumer panel, Latest news, Legal Services Board, Regulation, Solicitors
Help firms switch regulator by scrapping run-off rules, CILEx Regulation tells LSB
Tuesday, 1 December 2015Law firms that switch regulator should not be forced to buy six years of run-off insurance cover, CILEx Regulation has argued in a report for the Legal Services Board. It said that only firms which were actually closing should have to buy run-off cover.
Tags: CILEX Regulation, Indemnity insurance, Legal Services Board
Posted in Latest news, Legal Executives, Regulation
Government promises to clear way for supermarket and estate agent ABSs
Monday, 30 November 2015The government said today that it will “further reduce barriers” to make it easier for alternative business structures, such as supermarkets and estate agents, to offer legal services like conveyancing, probate and litigation. It will also seek the complete separation of regulators from representative bodies.
Tags: Alternative business structures, Legal Services Board, Treasury
Posted in Alternative business structures, Latest news, Legal Services Act
Gove poised to back call for less overbearing regulatory regime for ABSs
Thursday, 19 November 2015Lord Chancellor Michael Gove indicated yesterday that he would support legislative changes to make it easier to approve and regulate alternative business structures while the scope of the wider review of the Legal Services Act 2007 is worked out.
Tags: Legal Services Act, Legal Services Board, Ministry of Justice
Posted in Alternative business structures, Latest news, Legal Services Act
Under new management
Thursday, 19 November 2015Lawyers got something of a dressing down last week from Rocket Lawyer boss Mark Edwards. Mr Edwards said lawyers were not “great innovators” and not much would change while most firms were run entirely by lawyers. He was speaking in a small, cramped room in a basement of the Department of Business, Innovation and Skills – possibly reflecting the BIS view of legal services, but hopefully not.
Tags: Alternative business structures, Legal Services Board
Posted in Blog
Dispute looms over how Law Society can spend practising fee income
Monday, 16 November 2015A “potentially high-profile and contentious” dispute between the Legal Services Board (LSB) and the Law Society is looming over how the latter spends money derived from practising fees. The LSB is to review its 2009 Practising Fee Rules after a hole was found in the Legal Services Act 2007.
Tags: Law Society, Legal Services Board, PC fee
Posted in Latest news, Regulation, Solicitors
LSB to probe whether competition has brought down cost of legal services
Friday, 13 November 2015A probe into what impact post-Legal Services Act competition has had on the cost of legal services has been launched. The Legal Services Board said that understanding changes in prices over time was one of the “key measures of the impacts of regulatory reforms designed to promote competition”.
Tags: Legal Services Board
Posted in Latest news, Legal Services Act, Legal Services Board