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More than 80% of barristers have declined to disclose information about their socio-economic backgrounds when asked to do so by their professional regulator, it has emerged.

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.

Our regular round-up of important news nuggets includes the newest SRA-licensed ABS, an advice contract for the Co-op, a survey of top firms on how they are changing, a probe of SRA files to identify any racial discrimination, heavy fine for spam texters and much more.