News – Page 125
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One in five firms missed diversity data deadline
More than 20% of practices did not submit information by 31 January, but are unlikely to face immediate punishment.
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Don’t ‘tinker’ with legal regulation – Townsend
The government is reviewing legal regulation and expects to make an announcement later this year.
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Accountancy giant enters legal market with ABS status
PwC Legal will become a seperate entity within PricewaterhouseCoopers.
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Compliance key issue for in-house
More than 30% of legal heads say they are creating positions within their departments to focus on compliance-related work.
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Singapore embraces ABSs to ‘keep pace’
Jurisdiction to allow non-lawyers a stake in legal practices.
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Advocacy assurance timetable extended
The legal regulators have amended the QASA scheme following the High Court’s recommendations.
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Cobbetts administration costs soaring
KPMG has now applied for a further six months to carry out the administration.
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Teatime teaser
The food we eat comes from a regulated industry – as the legal regulators remind us.
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Grieve backs quality scheme, but warns of over-regulation
Advocates’ refusal to be assessed is counter-productive, attorney general says.
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Poor complaints-handling ‘costing sector millions’
Research says firms could increase profits by 3% by managing complaints better.
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SRA considers ban on unrated indemnity insurers
Recent problems with unrated insurers force regulator to consider reforms.
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Challenge to advocacy quality scheme fails
The court dismissed the judicial review, but said the claimants’ concerns were ‘entirely genuine’.
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‘Final reminder’ on diversity survey
Those that miss the 31 January deadline have been warned they could face disciplinary action which could include fines.
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High street cull as 136 firms disappear
The SRA has published names of firms that did not obtain indemnity insurance.
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SRA warns firms over diversity data compliance
Majority of firms yet to fulfil requirement to provide information on their workforce.
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SRA threatens ‘robust’ action over PII
Talks also ongoing about whether to name those that failed to secure insurance.
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Ombudsman suggests end to ‘no win, no fee’ offers
Report finds clients are often unclear about conditional fee agreements.
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JK Rowling leak solicitor penalised by SRA
Action taken after law firm partner revealed author’s pseudonym.
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Firm caught up in ‘dishonesty’ probe confident of reopening
Harrogate firm applies for sole accreditation after regulatory action against related company.