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LSB to put heat under approved regulators over how they spend practising fees
Tuesday, 13 May 2014The Legal Services Board is to tell the approved regulators that they must consult those they regulate about setting the level of practising fees beyond what is needed simply for regulation, it has emerged.
Tags: Legal Services Act, Legal Services Board, permitted purposes, practising certificate fee
Posted in Latest news, Legal Services Board, Regulation
Money for nothing?
Friday, 28 September 2012The Legal Services Board’s call last week for an “open debate” on the cost of regulation will not have gone down a storm at Chancery Lane, I’d wager. The part of the practising fees most under threat from such a conversation is surely the 24% that goes to the Law Society for work that is essentially representative in nature but seen as being sufficiently in the public interest for solicitors to fund via compulsory levy. For now, anyway.
Tags: Law Society, permitted purposes
Posted in Blog
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The rise of the agent
We believe AI agents are going to represent the biggest change to the way in which the general public interact with professional services business for generations.
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.
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