Tag Results
Launch of ABSs clears major hurdle
Friday, 19 August 2011Would-be alternative business structures unhappy with decisions taken by the Solicitors Regulation Authority will be able to appeal to the Solicitors Disciplinary Tribunal, it has been decided, in a significant step towards the introduction of ABSs.
Tags: ABS, Alternative business structures, Legal Services Board, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Alternative business structures, Legal Services Board, News
SRA to demand detailed complaints information from law firms
Tuesday, 16 August 2011Law firms will this year have to give the Solicitors Regulation Authority a detailed breakdown of the number and type of complaints they have received in the past 12 months, as part of the process of renewing their authorisation.
Tags: complaints-handling, Legal Ombudsman, Legal Services Act, Legal Services Board, Solicitors Regulation Authority
Posted in News, Solicitors
LSB: mid-tier City firms could be main targets of external investment
Monday, 15 August 2011Mid-tier City law firms may have the greatest incentive to go to the public markets to fund their merger and acquisition activities, the Legal Services Board has suggested. But there is a risk of an “investment bubble” where external investment in alternative business structures proves only temporary for short-term gain.
Tags: ABS, Alternative business structures, external investment, Legal Services Board
Posted in Alternative business structures, Legal Services Board, Market monitor, 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
Ombudsman steps up pressure on LSB to sort out reserved legal activities
Tuesday, 2 August 2011The Legal Ombudsman is stepping up pressure on the Legal Services Board to sort out the current regulatory regime by commissioning research that will look at consumer confusion caused by reserved and unreserved legal activities and how it could be exacerbated by alternative business structures.
Tags: Legal Ombudsman, Legal Services Board, LeO, reserved legal activities
Posted in Legal Ombudsman, Legal Services Board
The future starts here
Friday, 29 July 2011It’s not often that I recommend that people plough through some of the turgid consultations that I plough through on their behalf, but I very much do in the case of the Legal Services Board’s distinctly unturgid discussion document on how it will “assess the boundaries of legal services regulation and connected regulatory decisions”. It is an extremely hard document to do justice to in a news story. This is big stuff – the future shape of legal practice.
Tags: Legal Services Board, reserved legal activities
Posted in Blog
LSB targets conveyancing and corporate work as major review of regulation begins
Thursday, 28 July 2011The regulation of both residential conveyancing and corporate law, as well as general legal advice, is set to be reviewed by the Legal Services Board as it begins a major investigation into the boundaries of regulation and also looks at whether Parliament needs to undertake a “root and branch overhaul of the current system”.
Tags: conveyancing, immigration, Legal Services Act, Legal Services Board, reserved legal activities
Posted in Legal Services Board, News, Regulation
Publish and be damned: LSB says regulators should inspect firms’ diversity data
Tuesday, 26 July 2011Law firms and chambers whose workforces are significantly at odds with the make-up of the wider profession can expect questions from their regulators, the Legal Services Board (LSB) has warned. The LSB today confirmed that it is pressing ahead with controversial plans to make firms and chambers survey and publish the levels of diversity and social mobility in their workforces.
Tags: equality and diversity, Legal Services Board
Posted in hrtraining, Legal Services Board, News, Regulation
Mayson strengthens case to expand list of reserved legal activities
Tuesday, 26 July 2011There is a strong consumer protection justification for making the whole conveyancing process a reserved legal activity, Professor Stephen Mayson has argued in the final version of his influential report on the case for reservation. He said the “guarantee” of title registration is incomplete.
Tags: conveyancing, immigration, Legal Services Board, probate, reserved legal activities, will-writing
Posted in Legal Services Board, News, Regulation
LSB to press ahead with forcing firms and chambers to publish staff diversity data
Monday, 25 July 2011The Legal Services Board looks set to force legal practices to gather and publish equality and diversity data, despite concern that the policy could provoke non-compliance and create a false view of the profession because of relcutance to disclose sensitive information such as sexual orientation or religious belief.
Tags: bar standards board, equality and diversity, Legal Services Board
Posted in Barristers, Legal Services Board, News, Regulation