Tag Results
Regional accountancy firm unveils plan to become ABS
Friday, 25 November 2011A regional firm of accountants is planning to become an alternative business structure (ABS). Becoming an ABS will allow Spofforths to improve the private client service currently provided by an in-house legal team and in time become a legal brand in its local market.
Tags: ABS, accountants, Alternative business structures, Council for Licensed Conveyancers, Institute of Chartered Accountants, reserved legal activities, Solicitors Regulation Authority
Posted in Alternative business structures, Market monitor, News
Licensed conveyancers unveil rival to CQS amid warning that lenders are becoming backdoor regulators
Thursday, 24 November 2011The body representing licensed conveyancers has launched a quality assurance scheme uniquely linked to their regulator in a bid to help detect mortgage fraud. The move by the Society of Licensed Conveyancers goes significantly further than the Law Society’s Conveyancing Quality Scheme.
Tags: conveyancing, Council for Licensed Conveyancers, Legal Services Consumer Panel, licensed conveyancers, mortgage fraud, Society of Licensed Conveyancers
Posted in Competence, News, Other lawyers, Solicitors
Government rejects profession’s call for convictions check on all ABS partners
Thursday, 20 October 2011The government has rejected a call from the legal profession that partners in alternative business structures should have to disclose all convictions and cautions, even if spent. But the SRA is still on track to start licensing ABSs in early 2012.
Tags: ABS, Alternative business structures, bar standards board, Council for Licensed Conveyancers, Law Society, Legal Services Board, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Alternative business structures, News, Regulation
Exclusive: top conveyancing practice becomes the first ever ABS
Thursday, 6 October 2011Legal Futures can reveal that Premier Property Lawyers – one of the largest conveyancing businesses in the country – has today become the first ever alternative business structure as the new regime finally gets underway.
Tags: ABS, Alternative business structures, conveyancing, Council for Licensed Conveyancers, licensed conveyancers
Posted in Alternative business structures, Market monitor, News, Other lawyers
Doors open to first wave of ABS applicants
Monday, 12 September 2011The first wave of alternative business structures is on the way after the Council for Licensed Conveyancers (CLC) opened its doors for applications. The CLC will be able to start licensing ABSs from 6 October.
Tags: ABS, Alternative business structures, Council for Licensed Conveyancers
Posted in Alternative business structures, News
CLC hits back at Lord Chief Justice and Law Society opposition to new rights
Friday, 5 August 2011The Council for Licensed Conveyancers (CLC) has hit back at opposition from the Lord Chief Justice and the Law Society to its application to grant rights to conduct advocacy and litigation. The Legal Services Board is currently considering the CLC’s application, and as one of its statutory consultees, the Lord Chief Justice Lord Judge has expressed his total opposition.
Tags: advocacy, Council for Licensed Conveyancers, ILEX, ILEX Professional Standards, Institute of Legal Executives, Law Society, Legal Services Board, Legal Services Consumer Panel, litigation rights, Office of Fair Trading, probate, reserved legal activities
Posted in Legal Services Board, News, Other lawyers
The ABS blame game
Monday, 18 July 2011There will no doubt be some finger pointing after our revelation today that the Solicitors Regulation Authority will not be in a position to start licensing alternative business structures on 6 October. Those with business plans worked up on the basis of 6 October will be rightly annoyed, and it hardly sends out an impressive signal.
Tags: ABS, Alternative business structures, Council for Licensed Conveyancers, Legal Services Board, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Blog
“Legally Speaking” website to engage with consumers as panel survives quango cull
Wednesday, 6 July 2011The Solicitors Regulation Authority and Bar Standards Board have begun work on creating an online “virtual community” for consumers known as “Legally Speaking”. The news comes as we can reveal the Legal Services Consumer Panel has escaped the “bonfire of the quangos” – just as the panel’s chairwoman is stepping down.
Tags: bar standards board, Citizens Advice, Council for Licensed Conveyancers, ILEX Professional Standards, Legal Services Board, Legal Services Consumer Panel, Solicitors Regulation Authority
Posted in Barristers, Consumer panel, News, Solicitors
Peers call for changes to stop ABSs falling into the hands of criminals
Friday, 1 July 2011Alternative business structures should not be introduced until stronger provisions are put in place to stop those convicted of dishonesty from taking a stake in them, a leading Conservative peer has said. Lord Hunt of Wirral called on the government to introduce exceptions to the Rehabilitation of Offenders Act 1974.
Tags: ABS, Alternative business structures, Council for Licensed Conveyancers, Solicitors Regulation Authority
Posted in Alternative business structures, News
A single regulator for all lawyers post-ABS is “logical and plausible”, says LSB report
Monday, 27 June 2011A single regulator for all legal services is “logical and plausible”, but not inevitable, a report for the Legal Services Board has concluded. Former Ministry of Justice official Nick Smedley argued that the existence of multiple regulators “focused on the differences of individual practitioners” is unlikely to be relevant in a post-alternative business structures market.
Tags: Association of Costs Lawyers, Chartered Institute of Patent Attorneys, CLC, Costs Lawyer Standards Board, Council for Licensed Conveyancers, ILEX, ILEX Professional Standards, Institute of Trade Mark Attorneys, IPReg, Legal Services Board, Master of the Faculties
Posted in Barristers, Legal Executives, Legal Services Board, News, Other lawyers, Solicitors