Tag Results
SRA and BSB investigate virtual consumer network to improve engagement with public
Tuesday, 21 September 2010The Solicitors Regulation Authority and Bar Standards Board are in discussions about creating a joint online consumer network involving the general public, Legal Futures has learned. The move follows pressure from the Legal Services Consumer Panel for the frontline regulators to improve engagement with consumers
Tags: bar standards board, Legal Services Consumer Panel, Solicitors Regulation Authority
Posted in Barristers, Consumer panel, News, Solicitors
Law Society “reserves right to go to court” over LSB bid to force change in SRA board
Tuesday, 21 September 2010The Law Society has rejected Legal Services Board (LSB) calls to introduce a lay majority on the board of the Solicitors Regulation Authority before 2013, Legal Futures can reveal. The move is likely to lead to a stand-off with the LSB that could end up in the courts, with the society warning that it reserves the right to challenge any formal action which the LSB takes against it as a result.
Tags: Law Society, Legal Services Board, Solicitors Regulation Authority
Posted in Legal Services Board, Solicitors
Weekly round-up: aptitude tests, Susskind, firms squeezed and overblown reputations
Friday, 17 September 2010This week’s round-up of other relevant news and comment on the web takes in reaction to our story on an aptitude test for LPC students, Professor Richard Susskind’s thoughts ahead of an updated version of his book coming out, fears of big financial pressures on law firms, a survey that shows solicitors think too much of their own reputation, and much more.
Tags: LDP, legal practice course, marketing, outsourcing, price comparison, Solicitors Regulation Authority
Posted in Further reading, News
High Court grants SRA first order to force bank to provide information
Tuesday, 14 September 2010The High Court has granted the first order requiring a third party to provide the Solicitors Regulation Authority with information, it has emerged. SRA papers reveal that the High Court granted the order against a bank to assist in a serious and continuing investigation.
Tags: Legal Services Act, Solicitors Regulation Authority
Posted in News, Solicitors
Weekly round-up: criminals target law firms, LPO ethics and accountants eye legal market
Monday, 13 September 2010Our weekly round-up of other useful news and articles highlights worries that criminals are targeting failing law firms, accountants wanting more of the legal services market, concerns over new conflicts rules, a call to change the terms of PII cover, the need for more ethics guidance around LPO and much more.
Tags: conflicts of interest, diversity, legal process outsourcing, LPC, LPO, marketing, professional indemnity insurance, Solicitors Regulation Authority, SRA
Posted in Market monitor, Solicitors
SRA “forced” to require firms to tell existing clients about new rights to complain
Friday, 10 September 2010The Solicitors Regulation Authority has been forced “under duress” to approve a rule change under which solicitors will have to inform existing clients of their right to complain to the Legal Ombudsman, despite efforts to persuade the Legal Services Board to change its position.
Tags: Legal Ombudsman, Legal Ombudsman, Legal Services Board, Solicitors Code of Conduct, Solicitors Regulation Authority
Posted in Client care, Legal Ombudsman, News, Solicitors
SRA in surprise move to revisit guidance on pre-ABS deals with external investors
Friday, 10 September 2010The Solicitors Regulation Authority is to revisit at its next meeting the question of whether to relax its rules on preparations in advance of the launch of alternative business structures next October.
Tags: ABS, Alternative business structures, external investment, Solicitors Regulation Authority
Posted in Alternative business structures, Market monitor, News, Solicitors
SRA to warn firms not to enter into binding agreements with external investors yet
Sunday, 5 September 2010Law firms preparing to become alternative business structures should not enter into binding contractual agreements with prospective external owners, the Solicitors Regulation Authority is likely to warn this week.
Tags: ABS, Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, News, Solicitors
ARP crackdown “on track”, but almost half of firms still owe premiums
Sunday, 5 September 2010Almost half of the law firms in the assigned risks pool (ARP) still owe premiums running to millions of pounds, although the ARP enforcement strategy has encouraged some to pay up, it has emerged.
Tags: assigned risks pool, professional indemnity insurance, Solicitors Regulation Authority
Posted in Indemnity insurance, News, Solicitors
Irish JR over new overseas lawyer rules may just be “negotiating ploy”, LSB suggested
Wednesday, 1 September 2010The Legal Services Board’s initial reaction to the Law Society of Ireland’s threat of legal action over the new rules for overseas lawyers requalifying as solicitors was that it might just be a “negotiating ploy”, Legal Futures can reveal.
Tags: Chris Kenny, Legal Services Board, qualified lawyers transfer scheme, Solicitors Regulation Authority
Posted in Legal Services Board, News, Solicitors