Tag Results
Score one for the Law Society
Thursday, 4 November 2010In the short time I’ve known her, the chairwoman of the Legal Services Consumer Panel, Baroness/Dr Dianne Hayter (she seems to operate under her non-enobled title), has not minced her words. However, she is perhaps being restrained when she tells Legal Futures that the panel is “disappointed” with the agreement that has been struck over the introduction of lay majorities on the boards of the Solicitors Regulation Authority and Bar Standards Board.
Tags: bar standards board, internal governance rules, Law Society, Legal Services Board, Legal Services Consumer Panel
Posted in Blog
Exclusive: SRA and OFT stump up £60,000 to help fund LSB will-writing research
Wednesday, 3 November 2010The Solicitors Regulation Authority (SRA) and Office of Fair Trading (OFT) have each pledged around £30,000 to support the Legal Services Board’s (LSB) research into the will-writing market, Legal Futures can reveal. However, the Law Society has declined to contribute, citing concerns over the impact its involvement could have on how the impartiality of the research is viewed.
Tags: Law Society, Legal Services Board, Legal Services Consumer Panel, reserved legal activities, Solicitors Regulation Authority, will-writing
Posted in Consumer panel, Legal Services Board, News, Solicitors
Solicitors to bear vast bulk of LSB and Legal Ombudsman’s £25m annual running costs
Monday, 1 November 2010Solicitors are set to shoulder the vast majority of the Legal Services Board (LSB) and Legal Ombudsman’s (LeO) £25m annual running costs for the next three years at least, it emerged today. The LSB confirmed that it would proceed with its plan to levy its own £5m costs on the basis of the number of authorised persons overseen by each approved regulator, and most of LeO’s £20m costs based on the number of complaints generated by each group.
Tags: Bar Council, Barristers, Council for Licensed Conveyancers, Institute of Legal Executives, Law Society, Legal Executives, Legal Ombudsman, Legal Services Act, Legal Services Board, Master of the Faculties, Solicitors, Solicitors Regulation Authority
Posted in Barristers, Legal Executives, Legal Ombudsman, Legal Services Board, News, Other lawyers, Regulation, Solicitors
Rules confusion leads firms to “annoy” commercial clients by sending them to LeO
Friday, 29 October 2010Confusion in the rules around complaints means law firms are having to “err on the side of annoyance” by referring commercial clients to the Legal Ombudsman even though it does not have jurisdiction to deal with them, it has been claimed.
Tags: complaints, Law Society, Legal Ombudsman, Legal Ombudsman
Posted in Legal Ombudsman, News, Regulation
Record number of solicitors struck off
Friday, 22 October 2010There has been a 47% jump in the number of solicitors struck off and the figure is now at its highest for over a decade, the Solicitors Disciplinary Tribunal has revealed. Some 84 solicitors were removed from the roll in the year to 30 April 2010, compared to 57 in the previous 12 months. It is the highest number since at least 1999, which is the furthest back Legal Futures has been able to trace.
Tags: dishonesty, Law Society, Legal Services Board, Solicitors Disciplinary Tribunal
Posted in News, Solicitors
Law Society strikes deal with LSB to expand SRA board and produce solicitor/lay parity
Monday, 18 October 2010The Law Society is to enlarge the board of the Solicitors Regulation Authority so as to introduce parity between the number of solicitor and lay members in a deal struck with the Legal Services Board. It follows a similar agreement between the LSB and Bar Standards Board, whose offer to introduce parity on the road to a lay majority has been accepted.
Tags: Bar Council, bar standards board, internal governance rules, Law Society, Legal Services Board, Solicitors Regulation Authority
Posted in Barristers, Legal Services Board, News, Solicitors
Senior partners should undergo diversity training, LSB-funded research recommends
Thursday, 14 October 2010Regulators should consider making diversity training mandatory for senior partners and line managers in law firms, say academics after research uncovered a complex web of barriers between minorities and women, and the upper reaches of the legal profession. The findings will be backed up by a forthcoming study into pay disparity by the Law Society that has uncovered “a kind of structural inequality”.
Tags: diversity, Law Society, Legal Services Board
Posted in Barristers, hrtraining, Legal Services Board, News, Other lawyers, Solicitors
Court of Appeal: for Parliament, not courts, to extend legal professional privilege
Wednesday, 13 October 2010The Court of Appeal has today unanimously confirmed that legal professional privilege does not apply to any other professional except solicitors and barristers. It follows a case in which the Law Society and Institute of Chartered Accountants in England and Wales intervened on opposite sides.
Tags: Institute of Chartered Accountants, Law Society
Posted in Barristers, News, Solicitors
Law Society to unveil £4m conveyancing quality scheme to head off competition
Tuesday, 5 October 2010The Law Society will this month unveil a £4m conveyancing quality scheme that aims to help solicitors maintain market share and improve profitability. At the centre of the scheme will be an updated conveyancing protocol to which all members will have to adhere from 1 April 2011, alongside core practice management standards.
Tags: conveyancing, Law Society
Posted in News, Solicitors
Law Society launches “SafetyNet” for firms struggling to find indemnity insurance
Tuesday, 28 September 2010The Law Society and broker PYV have today launched a scheme designed to assist law firms which are having difficulty securing professional indemnity insurance renewal terms by working to improve their risk profile.
Tags: assigned risks pool, Indemnity insurance, Law Society, professional indemnity insurance
Posted in Indemnity insurance, News