All Regulation and compliance articles – Page 128
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OpinionShould the LSB chair resign?
If the government effectively seizes the wheel of the super-regulator, does that not signal a lack of confidence in its leader?
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NewsCMC regulator reports sharp decrease in PI specialists
Four financial penalties were issued in the fourth quarter of 2015, with 51 warnings issued.
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NewsFewer requests for dormant client money
Solicitors can withdraw residual balances of £500 or less without regulator's permission.
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NewsSociety clashes with SRA over potential split
Regulator says only a formal split will reassure the public. But Chancery Lane hits back, accusing the regulator of seeming to ‘devalue’ the profession.
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NewsSuper-regulator makes business case for 2016/17
Legal Services Board opens consultation on business plan – ahead of two external reviews.
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NewsSRA ‘seen to prefer’ the word of solicitors in handling complaints
More than 100 people complained about the SRA’s handling of their case in the first nine months of 2015.
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NewsLitigation funder Burford granted ABS licence
Licence opens up the prospect of a funder pumping cash into its own law firm.
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OpinionLegal regulation: here we go again
In one of the world’s most liberal markets, the CMA’s inquiry is oddly timed.
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NewsSolicitors urged to embrace CMA review of legal services
The Competition and Markets Authority last week announced that it will examine ‘long-standing concerns’ about the affordability of civil legal services.
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FeatureEducation and training: passing muster?
The SRA has set out a radical blueprint to overhaul the education of aspiring solicitors, but many in the profession fear the reforms will dilute standards.
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NewsAsylum solicitors ‘deliberately obfuscating costs’
SRA to review sector after research part-funded by Hawaiian billionaire finds evidence of malpractice.
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NewsSRA takes central exam plan on the road
The regulator will hold events around the country to give students and solicitors more of a say on its proposals.
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NewsLegal Ombudsman cuts spending after caseload falls again
The spending level for 2016/17 will be almost 30% lower than the £16.7m spent in 2012/13.
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NewsAntitrust watchdog to probe legal services
Competition and Markets Authority to examine ‘long-standing concerns’.
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NewsSRA to ask if solicitors contribute to ‘decline in criminal advocacy’
The regulator will ask whether solicitors are taking on advocacy work ‘beyond their level of competence’.
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NewsIraq abuse inquiry firm referred to SDT
Leigh Day denies regulator's allegations following Al-Sweady inquiry.
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NewsSuspension upheld for barrister who held client money
Oliver White suspended for three months for ‘failing to act with integrity’ after claiming he could conduct litigation with the same freedoms as a solicitor.
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NewsFive new members to join SRA board
Two solicitors and three lay members take up posts in new year.
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NewsOmbudsman misses performance targets - again
Cost per case has increased 10% since June, to over £1,900.