Tag Results
LSB bids to stamp authority on post-LETR reform agenda
Thursday, 19 September 2013The Legal Services Board is to issue statute-backed guidelines to compel legal regulators to follow its vision of how reforms resulting from the Legal Education and Training Review should be implemented.
Tags: legal education and training review, Legal Services Act, Legal Services Board, LETR
Posted in Barristers, hrtraining, Latest news, Legal Executives, Legal Services Board, Solicitors
Time for a single regulator and code of conduct? Consumer panel calls for the nuclear option
Monday, 2 September 2013A single regulator for all legal services providers and a single code of conduct is the way forward for the market, the Legal Services Consumer Panel argued today. It essentially recommended tearing up the Legal Services Act 2007 and starting again.
Tags: Legal Services Act, Legal Services Board, Legal Services Consumer Panel
Posted in Consumer panel, Latest news, Legal Services Board, Regulation
LeO bids to open doors to clients of unregulated legal services providers
Tuesday, 30 July 2013The Legal Ombudsman (LeO) has today begun a debate over whether its remit should be widened to capture complaints against the 130,000 unregulated providers who deliver legal services. It has also raised the prospect of becoming the complaints body for a wide range of professionals.
Tags: Legal Ombudsman, Legal Services Act, Legal Services Board, LeO, reserved legal activities
Posted in Latest news, Legal Ombudsman
Legal Services Board “fears legal challenge” over Legal Ombudsman compromise
Friday, 26 July 2013The Legal Services Board fears a successful legal challenge should it accept the compromise aimed at resolving the impasse over moving the handling of complaints about claims management companies to the Legal Ombudsman, Legal Futures has learned.
Tags: claims management companies, claims management regulator, Legal Ombudsman, Legal Services Act, Legal Services Board, LeO
Posted in Latest news, Legal Ombudsman, Legal Services Board
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
LSB stands its ground against critics and warns: you can’t turn back the clock
Wednesday, 12 June 2013The Legal Services Board has hit back at continuing criticism of its role and work by insisting that it has a legal duty to take positive action – and that turning the clock back to a pre-Legal Services Act world is not an option.
Tags: Legal Services Act, Legal Services Board
Posted in Latest news, Legal Services Board
Are we headed for the Legal Services Act 2015?
Wednesday, 15 May 2013Yesterday’s announcement that Lord Chancellor Chris Grayling had rejected the Legal Services Board’s (LSB) recommendation that will-writing become a reserved legal activity was not a total shock. I reported in February that the LSB was nervous given Mr Grayling’s anti-regulation agenda and it was encouraging supporters to lobby the Ministry of Justice (MoJ). If nothing else, those (mainly abroad) who fear that the LSB is too close to the government can rest easy – this is the second significant slap in the face for the LSB after the MoJ in 2011 disregarded its conclusion that the case to ban referral fees was not made out.
Tags: Legal Services Act, Legal Services Board, reserved legal activities, will-writing
Posted in Blog
New duty to support growth should not allow regulators to block “risky business models”
Thursday, 25 April 2013A proposed statutory duty on frontline regulators to consider economic growth must not be used to probe the business plans of new entrants to the market or block “risky business models”, the Legal Services Board has cautioned.
Tags: Legal Services Act, Legal Services Board
Posted in Latest news, Legal Services Board
SRA set to relax rules on non-material breaches as nearly 1,000 firms face COLP/COFA action
Wednesday, 24 April 2013Requiring all 10,000 law firms to report non-material breaches to the Solicitors Regulation Authority is “unsustainable and cannot be justified”, the regulator’s board will be told today. Meanwhile, the number of firms and individuals facing action over COLP/COFA nomination failures has risen to 928.
Tags: ABS, Alternative business structures, COFA, COLP, compliance officer for finance and administration, compliance officer for legal practice, Legal Services Act, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
Fresh cab-rank rule row as LSB approves public access reforms
Tuesday, 2 April 2013The Legal Services Board has criticised the Bar Standards Board’s failure to apply the cab-rank rule to public access work and said this omission will reduce the impact of rule changes that widen the scope for barristers dealing directly with clients.
Tags: Bar Council, bar standards board, cab rank rule, legal aid, Legal Services Act, Legal Services Board, public access
Posted in Barristers, Latest news, Legal Services Board