Tag Results
ABS licence for top building society and estate agency
Wednesday, 24 October 2012A volume conveyancing business owned by Britain’s fourth largest building society is targeting a move into other areas of legal services after receiving its alternative business structure (ABS) licence.
Tags: ABS, Alternative business structures, conveyancing, Council for Licensed Conveyancers, licensed conveyancers
Posted in Alternative business structures, Latest news, Market monitor, Other lawyers
LSB: regulating will-writing and estate work will grow market and benefit solicitors
Thursday, 27 September 2012The reservation of will-writing and estate administration should boost the amount of work and allow existing providers such as solicitors to become more competitive, the Legal Services Board said today as it laid out how the regime will work.
Tags: Council for Licensed Conveyancers, estate administration, ILEX Professional Standards, Institute of Professional Will-writers, reserved legal activities, Solicitors Regulation Authority, will-writing
Posted in Latest news, Legal Executives, Legal Services Board, Other lawyers, Solicitors
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
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
Leading conveyancing firms gain ABS status
Tuesday, 28 August 2012Two of the country’s best-known conveyancing practices have become alternative business structures, while an insolvency and litigation practice has also achieved ABS status.
Tags: ABS, Alternative business structures, Council for Licensed Conveyancers, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Market monitor
Exclusive: leading non-solicitor probate provider becomes ABS
Monday, 13 August 2012One of the country’s leading non-solicitor probate providers will today be unveiled as the newest alternative business structure. Kings Court Trust has chosen to be regulated by the Council for Licensed Conveyancers.
Tags: ABS, Alternative business structures, Council for Licensed Conveyancers, estate administration, probate
Posted in Alternative business structures, Latest news, Market monitor, Other lawyers
High Court orders regulator to consider £2.3m compensation claims
Thursday, 19 July 2012The High Court has ordered the Council for Licensed Conveyancers to consider £2.3m claims for compensation after it overturned an internal decision that the CLC was unable to make any grants at all.
Tags: CLC, compensation fund, Council for Licensed Conveyancers
Posted in Latest news, Other lawyers
LeO “going too far” with bid to allow prospective clients and third parties to complain
Tuesday, 26 June 2012The Legal Ombudsman is going too far in proposing to allow prospective clients and third parties to complain about lawyers, the Law Society has claimed. Chancery Lane found support from the Council for Licensed Conveyancers.
Tags: complaints, Council for Licensed Conveyancers, Law Society, Legal Ombudsman, LeO
Posted in Latest news, Legal Ombudsman, Other lawyers, Solicitors
In brief: regulators reassure firms over RBS ‘breaches’, £1m apprenticeships boost and more
Monday, 25 June 2012Our latest round-up of key news includes the SRA and CLC offering relief to solicitors in breach because of RBS/NatWest computer problems, £1m of government money for legal apprenticeships, a destination for dormant client money, the Co-op’s new will-writing partnership, and much more.
Tags: Chartered Institute of Legal Executives, Co-op, conveyancing quality scheme, Council for Licensed Conveyancers, CQS, personal injury, Solicitors Accounts Rules, Solicitors Regulation Authority, will-writing
Posted in Accounts rules, Latest news, News In Brief
Edmonds: LSB is interventionist and proud of it
Wednesday, 20 June 2012The role of the Legal Services Board is to get involved and intervene – not to sit, watch and react – its chairman said yesterday, hitting back at critics of its activism. David Edmonds said the phrase “oversight regulator” does not appear in the Legal Services Act.
Tags: Council for Licensed Conveyancers, Legal Services Act, Legal Services Board, Solicitors Regulation Authority
Posted in Latest news, Legal Services Board
Blog
Five key issues to consider when adopting an AI-based legal tech
As generative AI starts to play a bigger role in our working lives, there are some key issues that your law firm needs to consider when adopting an AI-based legal tech.
Bulk litigation – not always working in consumers interests
For consumers to get the benefit, bulk litigation needs to be done well, and we are increasingly concerned that there are significant problems in some areas of this market.
ABSs, cost and audits – fixing regulation after Axiom Ince
A feature of law firm collapses and frauds has sometimes been the over-concentration of power in outdated and overburdened systems of control.
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