News – Page 204
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NewsScots divided on separate representation
An impending vote on whether separate legal representation should be mandatory for buyers and lenders in conveyancing deals in Scotland is likely to be very close, consultation responses suggest.
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Salaried entry point to ‘dynamic’ law career
A national firm is to employ 10 school-leavers on a starting salary of £12,000 as part of a legal apprenticeship scheme to produce trained paralegals.
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NewsLawyers can ‘exert undue influence’ on elderly
Lawyers sometimes ‘exert undue influence’ on elderly clients to force them to make decisions, the Legal Ombudsman warns.
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News‘Dispersed’ pioneer Keystone to become an ABS
Commercial firm Keystone Law, which pioneered the ‘virtual’ model of organisation, is to become an alternative business structure in October.
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Profession warned to learn from coalition legacy debacle
Probate specialists have warned of the need to learn lessons from the debacle of a £520,000 bequest to ‘the government of the day’.
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NewsPicture looks rosiest for India’s lawyers
India’s senior lawyers enjoy the highest earnings relative to their country’s wealth coupled with the highest confidence in their job security, according to a new survey.
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NewsLegal aid reforms at odds with Cameron’s SME targets
Reforms to legal aid are at odds with the prime minister’s ambition to break big businesses’ stranglehold on government contracts, we reveal.
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NewsPII insurers cut back cover for 2013 renewal
Two major professional indemnity insurers are making significant cuts to their books
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Law graduates flock to paralegal roles
Law firms are receiving up to 100 applications for every paralegal vacancy
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NewsFirms warned to tackle lock-up days
Small and mid-tier firms are being warned to tighten financial practices, with a large proportion running up excessive amounts of unbilled work. The firm’s experts said economic pressure was causing some firms to lower their client acceptance barriers, leading to working capital issues further down the line ...
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NewsTax changes for LLPs ‘will damage UK’
Legislation to alter the tax rules for limited liability partnerships (LLPs) will have ‘far- reaching’ implications for the legal and business community
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Rise in solicitors on the roll
Some 6,771 solicitors were admitted to the roll in the last 12 months
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NewsCity clashes with judiciary over budgeting exemption
City lawyers are at loggerheads with the senior judiciary over mandatory costs budgeting
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Compliance failures spark SRA sanctions
The Solicitors Regulation Authority has issued its first two sanctions from the mass failure to properly nominate compliance officers.
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NewsMagic circle ‘must adapt to changes’
Magic circle firms must innovate to adapt to a permanently changed legal market, warns Baring GC
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NewsJacoby & Meyers makes inroads into Europe
Pioneering US firm Jacoby & Meyers has announced plans for a joint venture with a UK firm as it expands its operation into the European market.
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Accountancy giants consider ABS moves
Two of the UK’s major accountancy firms are considering applications to become providers of regulated legal services.
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QualitySolicitors leaves WH Smith stores
Legal access points for QualitySolicitors are disappearing from WH Smith stores across the country at the end of a two-year tie-up.
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NewsLSB approves new rules for conveyancing referral fees
The Legal Services Board has granted an application by the Council for Licensed Conveyancers to alter the rules on referral arrangements in conveyancing work.
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NewsList of approved judges for child abuse cases
Rules governing how serious sex cases and proceedings involving vulnerable witnesses are heard will be tightened up.