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If regulators are not loved by those they regulate, then it is no surprise to find that the regulator of regulators is even less loved. And so I don’t imagine that beyond the offices of the Legal Services Board, many tears will be shed that David Edmonds’ second and final term of office is up today. There may, indeed, be some sighs of relief.

Quindell plc is outperforming its two closest alternative business structure comparators – Slater & Gordon and NewLaw Solicitors – the AIM-listed company has told the market. Quindell also insisted that its model complies with the referral fee ban.

Plans to simplify the approval process for non-lawyer owners of alternative business structures are being considered by the Legal Services Board, it has emerged. Private equity purchasers are proving particularly tricky under the current regime.

Christina Blacklaws, who has spearheaded the development of Co-operative Legal Services, left the alternative business structure at the end of last month, Legal Futures can reveal.

The Solicitors Regulation Authority’s approach to licensing non-traditional businesses as alternative business structures is “impacting competition, access to justice and negatively affecting consumers”, the Legal Services Board has claimed.