Tag Results
Will-writer eyes conveyancing opportunity after receiving ABS licence, while IFA plans MDP
Wednesday, 12 September 2012A will-writer is planning to use his new alternative business structure (ABS) licence to expand into the conveyancing market, Legal Futures can report. Further, an IFA is planning a specialist multi-disciplinary ABS with a law firm focusing on the over-55s.
Tags: ABS, Alternative business structures, conveyancing, Council for Licensed Conveyancers, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Market monitor, Other lawyers
Law Society calls on Cable to broker long-term peace agreement with lenders
Wednesday, 12 September 2012The Law Society has called on the government to lead a “mediated dialogue” with mortgage lenders to deliver “an amicable long-term solution” to the ongoing arguments over conveyancing panels. It has asked business secretary Vince Cable to intervene.
Tags: conveyancing, Council of, Financial Services Authority, Law Society, licensed conveyancers, mortgage fraud, separate representation
Posted in Latest news
Mortgage fraud inquiry delays SRA’s draft conveyancing strategy further
Tuesday, 11 September 2012The Solicitors Regulation Authority is to review efforts to combat mortgage fraud, a move that will push back final approval of its draft conveyancing strategy to 2014 – more than two years later than first planned.
Tags: conveyancing, mortgage fraud, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Conveyancers and PI firm named latest ABSs
Thursday, 6 September 2012The residential conveyancing department of a Leicester law practice has left the firm to become an alternative business structure, while a sole practitioner targeting lender panels and a personal injury practice in Cheshire have also gained licences.
Tags: ABS, Alternative business structures, conveyancing, Council for Licensed Conveyancers, personal injury, referral fees, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Market monitor
Report: indemnity insurance market softening this year but underwriters wary of non-lawyer owners
Friday, 17 August 2012There are signs of a softer professional indemnity insurance market for some law firms this year, but underwriters are looking to handle alternative business structures with care, a new report has claimed.
Tags: ARP, assigned risks pool, conveyancing, mortgage fraud, professional indemnity insurance, Solicitors Regulation Authority
Posted in Indemnity insurance, Latest news
Survey reveals mixed response to Conveyancing Quality Scheme
Thursday, 9 August 2012Just over half of conveyancing firms have applied for accreditation under the Law Society’s Conveyancing Quality Scheme, with those yet to do so unconvinced of the benefits, according to new research.
Tags: conveyancing, conveyancing quality scheme, CQS, Law Society, licensed conveyancers
Posted in Competence, Latest news
Regulators “failing consumers” by not cracking down on bad pricing practices
Wednesday, 25 July 2012Frontline legal regulators have failed to involve consumers when designing their policies and must in future target resources on improving “bad pricing practices”, according to the Legal Services Consumer Panel.
Tags: conveyancing, fixed fees, Legal Ombudsman, Legal Services Board, Legal Services Consumer Panel, LeO, probate, Solicitors Regulation Authority
Posted in Consumer panel, Latest news
High level of consumer satisfaction with legal services providers, says research
Wednesday, 18 July 2012Satisfaction with legal services providers is high, major new research has found, with those using solicitors likely to get a better result than those who sought advice from other providers. But fewer than half of those with legal needs sought professional help.
Tags: conveyancing, Legal Services Board, probate, reserved legal activities, will-writing
Posted in Latest news, Legal Services Board
New CILEx president: give us independent practice rights
Wednesday, 11 July 2012The absence of independent practice rights for chartered legal executives has created a series of “absurdities” and there is no sensible reason to deny those rights, the incoming president of the Chartered Institute of Legal Executives has claimed.
Tags: Chartered Institute of Legal Executives, chartered legal executives, conveyancing, ILEX Professional Standards, Legal Services Board, practice rights, probate
Posted in Latest news, Legal Executives
Co-op accuses solicitors of hiding conveyancing charges in small print
Tuesday, 19 June 2012Co-operative Legal Services has accused some solicitors of hiding extra charges in the small print of their quotes. The warning to consumers is the first sign of an aggressive push now it has its ABS licence.
Tags: Co-op, conveyancing
Posted in Latest news, Market monitor