Tag Results
OECD urges competition bodies to help open up legal markets to disruptive innovators
Thursday, 19 May 2016Regulation of lawyers across the developed world is under pressure from technological and other disruptions, and national competition authorities should seize the opportunity to guarantee market access for new entrants, the OECD has advised.
Tags: competition
Posted in Latest news, Technology
Competition and Markets Authority mulls review of legal sector
Monday, 17 November 2014The Competition and Markets Authority is considering whether to launch a review of the legal services market, it has emerged. It was a report in 2001 by its predecessor, the Office of Fair Trading, which began the process that led to the Legal Services Act 2007.
Tags: competition, Competition and Markets Authority, Legal Services Act, Legal Services Board, Office of Fair Trading
Posted in Latest news, Legal Services Board
BIS mulls ban on law firms and third-party funders launching new collective actions
Thursday, 26 April 2012Law firms and third-party funders will not be allowed to initiate group actions for breach of competition law – and such cases will be exempt from the move towards allowing solicitors to work on a contingency fee basis, under proposals published this week by the government.
Tags: competition, contingency fees, Litigation Funding, Office of Fair Trading
Posted in Latest news
Minister behind ABSs warns over the threat they pose to legal ethics
Sunday, 20 February 2011Lord Falconer, who as Lord Chancellor steered the Legal Services Act through Parliament, last week warned about the challenges alternative business structures provide for “the preservation of legal ethics”.
Tags: ABS, Alternative business structures, competition, ethics, external investment, legal education
Posted in Alternative business structures, Barristers, News
Spreading your wings
Tuesday, 16 February 2010North Yorkshire firm Coles turned to technology to make its services more accessible and affordable, explains Epoq, a Legal Futures Associate.
Tags: competition, Online Legal Services, Technology
Posted in Practice Management, Technology
Service with an e-smile
Tuesday, 16 February 2010The experience of north-west law firm Farleys shows how an online service delivery capability can help law firms meet the challenges presented by the Legal Services Act, explains Epoq, a Legal Futures Associate.
Tags: competition, Legal Services Act, Online Legal Services
Posted in Practice Management, Technology