Private Client
Wills and probate market tops £2bn with contentious work on the rise
The value of the wills, trusts and probate market topped £2bn for the first time last year, with contentious work on the rise, and law firms’ grip on will-writing work continuing to slip.
Judge excoriates “reckless and quite possibly dishonest” solicitor
The way a solicitor went about preparing a £100m will was “reckless and quite possibly dishonest”, the High Court ruled yesterday.
Immigration solicitor certified LPA without checking client’s capacity
An immigration solicitor certified a lasting power of attorney for a walk-in client without checking his capacity, allowing the man’s son and attorney to misuse some of his money.
Accountancy body refused permission to exit probate regulation
The Legal Services Board has refused to ‘de-designate’ an accountancy body as a probate regulator over concerns that its members are now practising unregulated.
Lawyers back Raab decision to extend remote witnessing of wills
Lawyers have welcomed yesterday’s government’s decision to renew the temporary legislation allowing for the remote witnessing of wills for another two years.
Accountants finally fall into line on price transparency for probate work
The Institute of Chartered Accountants in England and Wales is finally set to impose compulsory price transparency on the accountancy firms that offer probate services.
Ince launches “most wide-ranging” private wealth offering
Listed law firm Ince has heralded a return to City firms offering private client services by launching an integrated private wealth offering for corporate clients.
Raab eyes “drastic action” to keep family disputes out of court
Justice secretary Dominic Raab is “in the market for something quite drastic and bold” to reduce the number of private law family cases in the courts, he said yesterday in a wide-ranging discussion.
Solicitor suspended for “dumping” hours on file to meet billing targets
A solicitor who “dumped” hundreds of hours of unjustified time on a largely completed file in a bid to meet his billing targets has been suspended for nine months.
LSB approves new regulator for accountant probate providers
The Legal Services Board has approved CILEx Regulation’s application to take over the regulation of probate work carried on by members of the Association of Chartered Certified Accountants.