Radical regulatory change – LPM magazine, April 2017 – Big bang two

Resource - 30/03/2017 : capital law, cloud technology, cybercrime, General, IT systems management, law firm finance, legal fees, Legal Practice Management, Legal Services Act, LPM magazine, records management strategy, Finance, Human Resources, Knowledge Management, Marketing & BD, Risk & Compliance, Technology, Practice Management

This month, LPM delves into the impact of the potential new regulatory changes set to hit legal.

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LSB: More reform needed to build on ‘positive’ Legal Services Act

News Article - 06/07/2016 : General, Legal Services Act, LSB, solicitors journal

Consumers need to be empowered so that their legal needs are met, says 'super regulator' chairman

The Legal Services Act 2007 has made a positive impact on the legal services market but more legislative reform is...

The legal industry is going through a period of intense transformation - make sure your firm is up to date

Resource - 29/03/2016 : archiving, data management, legal liability, Legal Services Act, paperless, Technology

ARTICLE BY DAVID MARTIN FROM ITQ

Legal Services Act 2007

The legal industry is going through a period of intense transformation, with profit margins under ever-increasing pressure from clients,...

SearchFlow forecasts a buoyant property market amid a sea change for the conveyancing sector

News Article - 05/01/2016 : 2016, conveyancing, Legal Services Act, property market, solicitors regulation authority, Practice Management

Maud Rousseau, group marketing and communications director of SearchFlow, takes a look at the property market for the conveyancing sector for 2016.

“Last year, we witnessed a buoyant housing market with consumer confidence remaining...

LPM magazine, December 2014 – From here to Clementi

Resource - 10/12/2014 : barry davies, clementi report, david albans, General, glyn morris, Janine Parker, jitendra valera, john banister, Keystone Law, Legal Services Act, macdonald oates, nick ellin, QualitySolicitors, Richard Hill, royds, Wiggin, william robins, Finance, Human Resources, Knowledge Management, Marketing & BD, Risk & Compliance, Technology, Practice Management

 

A decade of difference

Did the Legal Services Act really reformat the law business? Or could the recession have done just as good a job on its own? And how has the LSA lived up to the Clementi report's...

Big corporations can look after themselves, says SRA as it unveils fresh approach to regulation

News Article - 08/05/2014 : Legal Services Act, risk and compliance, solicitors regulation authority, SRA, Risk & Compliance

Consumers of legal services do not all need the same level of protection and some of them, such as big corporations, might not need “any protection at all”, the Solicitors Regulation Authority (SRA) has said in a policy statement on...

A New Year’s revolution from document direct

News Article - 13/01/2014 : client services, digital transcription, document direct, law firms, Legal News, legal sector, Legal Services Act, Martyn Best, solicitors regulation authority, SRA, typing and document production services, Human Resources, Practice Management

Martyn Best is CEO of the fast growing north-west and London based digital transcription business Document Direct...

IPReg poised to become ABS licensing authority number 3

News Article - 10/12/2013 : Chartered Institute of Patent Attorneys, Institute of Trade Mark Attorneys, Intellectual property, intellectual property regulation board, IPReg, Legal Services Act, legal services board, Risk & Compliance

The prospect of external investment in intellectual property firms is set to soar after the Intellectual Property Regulation Board (IPReg) won the support of the Legal Services Board (LSB) to become the third alternative business structure (ABS)...

Edmonds to step down as chair of LSB

News Article - 11/10/2013 : bar council, david edmonds, law society, Legal Service Board, Legal Services Act, LSB, MOJ, solicitors journal, Risk & Compliance, Practice Management

New chair must ensure regulation is 'as light touch as possible'

David Edmonds, chair of the Legal Services Board, is stepping down and due to be replaced by 1 May 2014.

The MoJ said in its job description that they are...

Edmonds challenges profession to throw away its regulatory rule books

News Article - 23/09/2013 : edmonds, Legal Services Act, legal services board, LSB, regulation, regulatory body, rule-based, solicitors regulation authority, Practice Management, Community

Legal Services Board chair discusses his master plan for a single legal regulator, the failings of a rule-based approach and his ideas for a Royal College of Advocacy

It is only one step from the proposal that there should be a single...

Five ways to win new business through better regulatory compliance

Resource - 03/05/2013 : Legal Services Act, regulatory compliance, Risk & Compliance

The traditional approach to regulatory compliance...

Legal Services Board pledges to work better with regulators

News Article - 15/04/2013 : Legal Services Act, regulatory compliance, SRA, The Legal Services Board, Finance, Risk & Compliance

LSB responds to accusations from industry regulators of micro-management and overstepping its remit

The Legal Services Board (LSB) has restated its intention to work better with industry regulators following a series of...

RBS: legal profession carrying thousands of excess solicitor jobs

News Article - 19/03/2012 : job market, Legal Services Act, rbs, Human Resources, Human Resources, Practice Management

More than 5,000 solicitor jobs in the UK would need to go to deal with substantial over-capacity in the legal market, according to a new report by one of the leading law firm bankers.

A report released today (19 March) by Royal...

SRA delays force Parabis to defer Duke Street investment

News Article - 19/03/2012 : ABS, Legal Services Act, Parabis, SRA, Finance, Finance, Marketing & BD, Risk & Compliance

Insurance firm Parabis has been forced to delay its ABS deal with private equity house Duke Street because the SRA is struggling to cope with the flow of post Legal Services Act applications.

It is understood that the Parabis deal...

Prospect of MDPs “catching the imagination” of large law firms, survey finds

News Article - 14/02/2012 : disciplinary, Legal Services Act, Human Resources, Human Resources, Risk & Compliance, Practice Management

Large law firms are showing increasing interest in forming multi-disciplinary practices (MDPs) with non-lawyer professionals, according to new research.

The survey of 126 of the top 250 firms by accountants Smith & Williamson...