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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
Blog
Succession (Season 5) – Santa looks to the future
It’s time for the annual Christmas blog from Nigel Wallis, consultant at Legal Futures Associate O’Connors Legal Services.
The COLP and management 12 days of Christmas checklist
Leading up to Christmas this year, it might be a quieter time to reflect on trends, issues and regulation, and how they might impact your firm.
The next wave of AI: what’s really coming in 2025
The most exciting battle in artificial intelligence isn’t unfolding in corporate labs; it’s happening in the open-source community.
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