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A single regulator for all lawyers post-ABS is “logical and plausible”, says LSB report
Monday, 27 June 2011A single regulator for all legal services is “logical and plausible”, but not inevitable, a report for the Legal Services Board has concluded. Former Ministry of Justice official Nick Smedley argued that the existence of multiple regulators “focused on the differences of individual practitioners” is unlikely to be relevant in a post-alternative business structures market.
Tags: Association of Costs Lawyers, Chartered Institute of Patent Attorneys, CLC, Costs Lawyer Standards Board, Council for Licensed Conveyancers, ILEX, ILEX Professional Standards, Institute of Trade Mark Attorneys, IPReg, Legal Services Board, Master of the Faculties
Posted in Barristers, Legal Executives, Legal Services Board, News, Other lawyers, 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
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The lonely role of a COFA: sharing the burden of risk management
Compliance officers for finance and administration in law firms can often find themselves walking a solitary path. But what if we could create a collaborative culture of shared accountability?
Mind the (justice) gap: Why are RTAs going up but claims still down?
The gap between the number of road traffic accident injuries and the number of motor injury claims continues to widen, according to the latest government data.
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.
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