Headlines – Page 827
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NewsRegulators will need to present 'sound evidence' for in-house reform
Legal Services Board says statement of policy will provide transparency about essential issues.
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NewsSFO investigating 'tiny fraction' of tip offs, says City firm
Lack of funding is preventing the SFO from investigating some cases of serious fraud or corruption, Pinsent Masons has claimed.
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NewsProfits up but law firms warned on drawings
Median profit per equity partner increased for the fifth consecutive year, finds Law Society’s Financial Benchmarking Survey.
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NewsJustice ministry backs Jackson on fixed fees
The judge has urged ministers to make reform an immediate priority.
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NewsGCs ‘to quit’ if accountable to City watchdog
FCA to consult on whether individuals in charge of a firm’s legal function in banks, building societies and credit unions need approval under its senior managers regime.
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Competition complaint over family mediation
Under updated Family Procedure Rules mediators must be accredited by the Family Mediation Council.
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NewsBritish bill of rights to protect troops
Michael Gove told a House of Lords committee that draft bill will not ‘derogate absolutely’ from any European Convention rights.
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NewsLaw Society: business as usual
Chancery Lane is open as usual behind the scaffolding required for its first exterior redecoration in 30 years.
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NewsSolicitors’ opinions wanted on client accounts
Law Society is asking solicitors for opinions on the future of accounts rules.
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NewsSolicitors set for new guidance on complaints
Only a quarter of people approaching the Legal Ombudsman discovered the service through their lawyer.
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NewsFirms must offshore or northshore to stay competitive – report
Low-cost legal centres can offer clients discounts of 30-50%, study shows.
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NewsManagers fined over legal aid disbursement misconduct
Three admit ‘fundamental and unacceptable error’.
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NewsSlater and Gordon UK chief leaves the business
Neil Kinsella informed staff this morning that he is standing down.
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NewsLaw Society issues guidance on new CPD scheme
The guidance aims to help solicitors comply with the new requirements.
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NewsMishcon de Reya fights off £5m negligence claim
The former chair of Queens Park Rangers alleged the firm had breached its duty by not advising him properly on the sale of his stake in the football club.
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NewsCosts expert slams £1,000 hourly rates at top commercial firms
Lack of transparency and competition cited as causes of record fees.
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NewsCFA ‘terminated’ before assignment, court rules
Case likely to have significant impact on the personal injury sector, where thousands of claims have been sold on.
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NewsMoJ reveals £141k costs over legal aid contracts
Justice minister Shailesh Vara responded to a question on legal fees in relation to 2015 own-client and duty provider contracts.
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NewsCMCs win argument to keep regulation fees the same
Companies said they were suffering from reduced turnover and a contracted market.