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The Solicitors Disciplinary Tribunal has condemned the recent Legal Services Board recommendation of a civil standard of proof for use across disciplinary tribunals as “looking like a small tail wagging a large dog”.

Chartered legal executives are to have full rights to practise independently after the Lord Chancellor approved their bid to handle probate and conveyancing work without the supervision of a solicitor.

The prospect of external investment in intellectual property firms is set to soar after the Intellectual Property Regulation Board won the support of the Legal Services Board to become the third alternative business structure licensing authority.

A Manchester law firm has launched a joint venture alternative business structure (ABS) with one of its major insurer clients. Meanwhile, the transitional exemption from ABS licensing currently afforded to not-for-profit organisations has been extended indefinitely.

The Legal Services Board (LSB) has told the regulators it oversees that now is the time for them to prove they can deliver what is expected of them, warning that it will put their promises “to the test”. The LSB said its focus in 2013/14 will be on the performance of the regulators.