Tag Results
Consumer panel questions Law Society reaction to single compensation fund proposal
Monday, 1 July 2013The Legal Services Consumer Panel has questioned the Law Society’s strong reaction to its recommendation that the possibility of a single compensation fund across the legal profession be explored, including whether the society has actually read all of its work on the issue.
Tags: compensation fund, Law Society, Legal Services Consumer Panel
Posted in Consumer panel, Latest news
Law Society lays into consumer panel over single compensation fund
Friday, 28 June 2013The Law Society has dismissed the Legal Services Consumer Panel’s call to consider a single compensation fund for all legal service providers. It claimed that the panel’s report “lacks the degree of rigour necessary for it to be considered seriously”.
Tags: compensation fund, Law Society, Legal Services Board, Legal Services Consumer Panel
Posted in Consumer panel, Latest news, Solicitors
Accountants hit back after Law Society protests over ABS regulator bid
Thursday, 27 June 2013The Institute of Chartered Accountants in England and Wales has hit back against Law Society objections to its application to become an alternative business structure regulator, claiming the public interest was “built into accountants’ DNA”.
Tags: ABS, Alternative business structures, ICAEW, Institute of Chartered Accountants, Law Society, Legal Services Act, Legal Services Board, probate
Posted in Alternative business structures, Latest news
Law Society takes on insurers with “mugging” advertising campaign
Tuesday, 25 June 2013The Law Society yesterday unveiled its “bold” new advertising campaign to promote personal injury solicitors, with the strap-line ‘Don’t get mugged by an insurer – use a solicitor’. As revealed by Legal Futures last week, the campaign is costing around £300,000.
Tags: Law Society, personal injury
Posted in Latest news, Marketing & PR
PI firm reprimanded for “irresponsible” radio spot as Law Society prepares £300k ad campaign
Thursday, 20 June 2013A personal injury firm has been reprimanded for an “irresponsible” radio ad which encouraged accident victims to claim compensation “irrespective of injury”. The news comes ahead of a £300,000 Law Society national advertising campaign that will promote PI lawyers.
Tags: Law Society, personal injury
Posted in Latest news, Marketing & PR
1,300 law firms face emergency hunt for new indemnity insurer
Wednesday, 19 June 2013The 1,300 law firms who have their professional indemnity insurance with Balva face the prospect of having four weeks to find new cover if the winding-up process the Latvian company started yesterday becomes an “insolvency event”, the Solicitors Regulation Authority has warned.
Tags: Law Society, professional indemnity insurance, Solicitors Regulation Authority
Posted in Indemnity insurance, Latest news, Solicitors
Law Society kicks out committee members who failed to undergo E&D training
Tuesday, 18 June 2013Eight members of Law Society committees have been kicked off for failing to undergo mandatory equality and diversity training, it has emerged. All members of boards and committees had a 30 April 2013 deadline to undergo the training.
Tags: equality and diversity, Law Society
Posted in hrtraining, Latest news
Co-op distances itself from claim that good client service is “alien to solicitors”
Friday, 7 June 2013The Co-operative Legal Services has disassociated itself from comments made by its sales and marketing director that putting consumers at the heart of what they do is “alien” to solicitors, after complaints by the Law Society.
Tags: Co-op, Law Society
Posted in Latest news, Marketing & PR
Law Society backs SRA “raid” on compensation fund but calls for alternatives to intervention
Friday, 31 May 2013The Solicitors Regulation Authority needs to consider alternatives to intervening in failing law firms, the Law Society has said, while accepting the “emergency” need for the regulator to dip into the Compensation Fund to pay for the unexpectedly high cost of interventions this year.
Tags: intervention, Law Society, Solicitors Compensation Fund, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Solicitors’ support for OFR crashes
Monday, 20 May 2013A Law Society survey finding that a growing number of senior solicitors think outcome-focused regulation places too heavy a burden on firms has drawn a rapid rebuttal from the Solicitors Regulation Authority.
Tags: Law Society, OFR, outcomes-focused regulation, Solicitors Regulation Authority
Posted in Latest news, Solicitors