Tag Results
Edmonds: LSB is interventionist and proud of it
Wednesday, 20 June 2012The role of the Legal Services Board is to get involved and intervene – not to sit, watch and react – its chairman said yesterday, hitting back at critics of its activism. David Edmonds said the phrase “oversight regulator” does not appear in the Legal Services Act.
Tags: Council for Licensed Conveyancers, Legal Services Act, Legal Services Board, Solicitors Regulation Authority
Posted in Latest news, Legal Services Board
When will there be good news?
Wednesday, 20 June 2012Amid all the bad news assailing solicitors, various third parties have grasped a fundamental truth about them – they are good at the law but many of them are not really interested in business. This is where the good news starts. There are now several conglomerates operating in the legal services market offering solicitors the business acumen, back office, bulk purchasing, mentoring and management training that they need.
Tags: mergers, OFR, outcomes-focused regulation, Solicitors Regulation Authority
Posted in Blog
News in brief: Quindell targets CMC aggregation, “charitable referral fees”, solicitor ad wins TV award
Monday, 18 June 2012Our regular round-up of news snippets features another acquisition by ABS-in-waiting Quindell Portfolio, a solicitor’s TV ad winning a Royal Television Society award, a firm donating referral fees to charity, and ABS compensation fund arrangements.
Tags: claims management companies, Legal Services Board, referral fees, Solicitors Compensation Fund, Solicitors Regulation Authority
Posted in Latest news, Legal Services Board, Marketing & PR, News In Brief
The referral fees hospital pass
Thursday, 14 June 2012It is no great secret that the Solicitors Regulation Authority (SRA) sees its role in enforcing the government’s ban on referral fees in personal injury as a hospital pass. It would much rather that paying or receiving a referral fee be made a criminal offence and taken out of its hands. After all, the SRA (in its previous guise as part of the Law Society) has been down this road before and it wasn’t a happy experience.
Tags: Legal Aid Sentencing and Punishment of Offenders Act, referral fees, referral services, Solicitors Regulation Authority
Posted in Blog
SRA: referral fee ban could drive many firms out of business – and may not even stop dodgy claims
Wednesday, 13 June 2012The impending ban on referral fees in personal injury could result in a “steep increase” in the number of financial failures amongst small law firms – but may not actually discourage spurious claims – the Solicitors Regulation Authority has warned.
Tags: ABS, Alternative business structures, claims management companies, Legal Aid Sentencing and Punishment of Offenders Act, personal injury, referral fees, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Marketing & PR, Solicitors
Complaints reviewer warns SRA over appearing that it is “intent on looking after solicitors”
Tuesday, 12 June 2012Dissatisfaction with the response of the Solicitors Regulation Authority to allegations of misconduct by solicitors is the most common source of complaints against the authority, with the introduction of risk-based regulation making the situation worse, its independent reviewer has found.
Tags: complaints, Legal Ombudsman, LeO, Solicitors Regulation Authority
Posted in Latest news, Solicitors
LSB urges SRA to speed up review of “unsustainable” in-house lawyer rules
Monday, 11 June 2012The Legal Services Board has told the Solicitors Regulation Authority that it needs to complete its review of in-house practice as soon as possible because the current regulatory arrangements are not sustainable.
Tags: ABS, Alternative business structures, in-house lawyers, Legal Services Act, Legal Services Board, Solicitors Regulation Authority
Posted in Latest news, Legal Services Board, Solicitors
SRA defends bid to increase power to fine law firms from £2,000 to £250m
Friday, 8 June 2012The Solicitors Regulation Authority has rejected calls for it to have greater powers to fine ABSs than traditional law firms. It has also dismissed suggestions by the Law Society that it should not have substantial fining powers at all.
Tags: ABS, Alternative business structures, Law Society, Legal Services Board, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
High Court rejects bid to replace “kiss of death” practising certificate conditions with undertakings
Thursday, 7 June 2012The High Court has rejected a bid to replace conditions on a solicitor’s practising certificate with undertakings despite claims that the current state of the professional indemnity insurance market made them the “kiss of death” to a continuing career.
Tags: practising certificate, professional indemnity insurance, Solicitors Regulation Authority
Posted in Latest news, Solicitors
SRA and OISC make competing land-grabs for immigration work
Friday, 1 June 2012The Solicitors Regulation Authority has launched a bid to regulate non-lawyer immigration advisers. However, at the same time the body that oversees them – the Office for the Immigration Services Commissioner – is seeking to take over the regulation of specialist lawyers.
Tags: bar standards board, immigration, Law Society, Legal Services Board, Office for the Immigration Services Commissioner, OISC, Solicitors Regulation Authority
Posted in Barristers, Latest news, Legal Executives, Legal Services Board, Other lawyers, Solicitors, Uncategorized