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A financial services group is to submit its stage two ABS licence application this week as it bids to add a legal practice to its portfolio, Legal Futures can reveal. It comes as the SRA reveals how many would-be ABSs have filed stage two applications.

The government’s plans to reform the county courts have attracted criticism from both claimant and defendant lawyers as well as costs specialists – albeit for different reasons, with the lack of detail a particular bugbear.

The Association of Personal Injury Lawyers will next week launch a final attempt to challenge the Jackson reforms by setting out a new negotiating position that drops outright opposition to the changes. However, defendant lawyers rebuffed any suggestion of compromise.

The government needs to provide further clarity and guidance on how the ban on referral fees will operate in practice, the Solicitors Regulation Authority has warned. Issues such as the definition of a referral fee need to be resolved.

The company that manages the road traffic accident claims portal has issued a cautious response to David Cameron’s announcement last week that he wants to extend the scheme, saying it is at the moment impossible to estimate how long the work would take.