Tag Results
Law Society hits out at 'inadequate' client-care rules in Bar's new public access training
Wednesday, 30 January 2013The Bar Standards Board’s plans to strengthen public access training for newly qualified barristers in client care are inadequate and should include extensive supervision to ensure competence as is required of trainee solicitors, according to the Law Society.
Tags: Bar Council, bar standards board, Law Society, public access
Posted in Barristers, Latest news
Government closes door on accountants' last hope to change privilege rule
Thursday, 24 January 2013The government does not intend to extend legal professional privilege to non-lawyers, the Ministry of Justice confirmed yesterday after accountants urged Parliament to level the playing field for multi-disciplinary entities.
Tags: ABS, Alternative business structures, Bar Council, Institute of Chartered Accountants, Law Society, MDP, multi-disciplinary practice
Posted in Alternative business structures, Client care, Latest news
PI firms outperform all others and are keenest on ABSs, finds ‘state of the nation’ survey
Thursday, 17 January 2013Personal injury firms have weathered the recession better than any other area of practice – and are far more likely to be looking for external investment than any other as well, one of the largest-ever surveys of solicitors’ firms has found. It said employment, family and corporate / commercial specialists also performed better than average.
Tags: ABS, Alternative business structures, external investment, family law, Law Society, legal aid, Legal Services Board, personal injury
Posted in Alternative business structures, Latest news, Legal Services Board, Market monitor
Call for gender targets as Law Society president says some men do not deserve to be senior partners
Friday, 11 January 2013Law firms should introduce targets to increase the representation of women lawyers in partnership and senior roles, and turn talk of flexible working into reality, a major new report has recommended, with the Law Society president saying that if career progression was based on pure merit, some senior partners would have got nowhere near the top.
Tags: equality and diversity, Law Society
Posted in hrtraining, Latest news
SRA and claims regulator dismiss Law Society speculation of referral fee ban “difficulty”
Wednesday, 9 January 2013The Solicitors Regulation Authority and the Claims Management Regulator have dismissed a Law Society suggestion that they will not be ready to implement the referral fee ban on 1 April. The society said there was a possibility the pair “may have some difficulty” in doing so.
Tags: claims management companies, claims management regulator, Law Society, referral fees, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Revealed: Law Society and SRA at odds again over regulator’s budget
Wednesday, 5 December 2012The latest spat between the Law Society and Solicitors Regulation Authority (SRA) has been rumbling on over the latter’s budget for 2013, it has emerged. However, Legal Futures can reveal that the SRA is to reduce its budget by around £2m to £30.6m.
Tags: internal governance rules, Law Society, Solicitors Regulation Authority
Posted in Latest news, Solicitors
“Bizarre” move to keep ABSs within compensation fund indefinitely gets green light
Tuesday, 4 December 2012The Solicitors Regulation Authority is to keep alternative business structures within the coverage of the Law Society’s compensation fund indefinitely, although the move was described as “bizarre” by the Shadow Minister for Justice.
Tags: compensation fund, Law Society, Legal Services Act, Legal Services Board, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
Law Society tells solicitors to ignore SRA’s financial services reform as IFAs threaten JR
Friday, 30 November 2012The Solicitors Regulation Authority’s decision to change the rules on recommending financial advisers to clients has come under fire from opponents, with the Law Society taking “the unprecedented step” of urging the profession not to follow the new provisions and IFAs threatening judicial review.
Tags: financial services, Financial Services Authority, Law Society, Solicitors Regulation Authority
Posted in Latest news, Solicitors
SRA set to reject solicitor lobbying and change controversial referral rule
Tuesday, 27 November 2012The Solicitors Regulation Authority is to push ahead with controversial changes to the rules on referrals to financial advisers that will no longer preclude them from choosing those tied to particular institutions, despite opposition from the Law Society, SIFA and others.
Tags: financial services, Financial Services Authority, Law Society, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Hudson: give law firms option of ditching client account
Monday, 19 November 2012The Law Society is to investigate giving solicitors the choice of not having a client account as a way to reduce the cost of regulation, it has emerged. Chief executive Des Hudson said the “cost and burden of regulation will have to fall” to enable solicitors to compete.
Tags: Law Society, Solicitors Regulation Authority
Posted in Accounts rules, Latest news, Solicitors
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.
Reports
Associates
