Tag Results
First legal executives granted historic independent practice rights
Monday, 30 March 2015A member of the Chartered Institute of Legal Executives who specialises in conveyancing has become the first to receive independent practice rights. A probate specialist and a legal executive who runs his own immigration firm were also granted independent rights.
Tags: chartered legal executives, CILEX Regulation, conveyancing, immigration, practice rights, probate, reserved legal activities
Posted in Latest news, Legal Executives
KPMG granted wide-ranging waivers from SRA rules
Thursday, 2 October 2014The Solicitors Regulation Authority has granted KPMG 12 waivers from the rules governing solicitors, in what appears to be a work-around ahead of proposed new rules that will make it easier for multi-disciplinary practices to become alternative business structures.
Tags: ABS, Alternative business structures, reserved legal activities
Posted in Alternative business structures, Latest news
LSB chair: regulators need to help push down cost of legal services
Wednesday, 10 September 2014More needs to be done to reduce the cost of legal services to meet the needs of small businesses and people who are neither wealthy nor eligible for legal aid, the chairman of the Legal Services Board has said in his first public speech.
Tags: Legal Services Act, Legal Services Board, reserved legal activities
Posted in Latest news, Legal Services Board
Last hurdle before accountants can offer probate services: a two-day course
Friday, 15 August 2014Passing a two-day course will enable accountants to start offering probate law services to the public, after the Institute of Chartered Accountants in England and Wales yesterday officially received the power to regulate probate and licence alternative business structures.
Tags: ICAEW, Institute of Chartered Accountants, probate, reserved legal activities
Posted in Alternative business structures, Latest news, Other lawyers
LSB paves way for CLC to expand beyond conveyancing
Monday, 28 July 2014The statutory framework of the Council for Licensed Conveyancers (CLC) could be changed in a way that would potentially enable it to regulate all reserved legal activities, under plans outlined by the Legal Services Board (LSB).
Tags: conveyancing, Council for Licensed Conveyancers, Legal Services Board, reserved legal activities
Posted in Latest news, Legal Services Act, Legal Services Board, Other lawyers, Regulation
Accountants able to handle probate work without solicitors from next month
Thursday, 17 July 2014Chartered accountants will be able to carry out reserved probate work themselves, without the need to instruct a solicitor, from next month, the Institute of Chartered Accountants in England and Wales (ICAEW) has said.
Tags: accountants, Alternative business structures, Chartered Institute of Legal Executives, CILEX, ICAEW, Institute of Chartered Accountants, probate, reserved legal activities
Posted in Alternative business structures, Latest news, Legal Executives, Legal Services Act, Regulation
European law firms to be exempt from SRA oversight despite competition concerns
Tuesday, 8 July 2014The Solicitors Regulation Authority (SRA) has decided to press ahead with plans that would allow European law firms that do not conduct reserved work to set up in England and Wales outside of the regulatory regime.
Tags: reserved legal activities, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Grayling gives accountants ABS and probate green light
Friday, 7 March 2014The Lord Chancellor yesterday approved the application by the Institute of Chartered Accountants in England and Wales (ICAEW) to become a regulator of probate services and licensing authority for alternative business structures.
Tags: ABS, Alternative business structures, ICAEW, Institute of Chartered Accountants, Legal Services Board, probate, reserved legal activities, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news
Legal executives to enjoy same rights as solicitors
Friday, 20 December 2013Chartered legal executives are set to have full parity with solicitors after the Legal Services Board gave them the right to practise litigation and advocacy independently.
Tags: Chartered Institute of Legal Executives, Legal Services Board, reserved legal activities
Posted in Latest news, Legal Executives, Legal Services Board
Here come the accountants and legal executives…
Wednesday, 11 December 2013Competition in the law is to increase further after the Legal Services Board backed accountants to handle reserved probate work and set up alternative business structures, as well as chartered legal executives to set up their own conveyancing and probate practices.
Tags: ABS, Alternative business structures, Chartered Institute of Legal Executives, ICAEW, ILEX Professional Standards, Institute of Chartered Accountants, Legal Services Board, probate, reserved legal activities
Posted in Alternative business structures, Latest news, Legal Executives, Legal Services Board