14 April 2014
The Legal Services Board has said it will reduce its budget by £150,000 in the 2014/15 year. Savings will be made through cuts in accommodation costs and the Office for Legal Complaints board budget.
The oversight regulator is likely to cost almost £4.3m in the coming year.
Guidance sets out what agency expects from companies looking to co-operate.
Costs recovery lawyers hail decision in High Court as potential win for millions of former PI claimants.
AML levy based on income would be especially harmful to the profession, Chancery Lane warns.
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