News – Page 129
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No firm is too big to fail, says SRA director
Latest failure another example that top-100 status no longer immunises firms from financial realities.
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Townsend: unprecedented change not over
The SRA’s outgoing chief executive defends the pace of reform.
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Training overhaul at least four years away, says SRA
The SRA’s Training for Tomorrow policy document proposes moving away from academic routes into the profession.
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SRA seeks to save millions with intervention rules change
Increasing cost of interventions prompts another look at rules governing file storage.
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Legal training shake-up must not ‘dumb down’
University of Law president said the big challenge is to ‘get clarity on standards to avoid dumbing down legal training’.
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SRA responds to education review with ‘bonfire of regulations’
’One-size-fits-all’ qualification route to be scrapped.
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LSB calls for all regulators to have lay chairs
Approved regulators are still too close to the profession, the Legal Services Board says.
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Criminal bar gets green light to challenge QASA
The High Court has granted the Criminal Bar Association permission to proceed with its legal challenge to advocacy assessment.
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Baby barristers get keys to public access
Changes to public access rules come into force today, allowing junior barristers to accept work from the public.
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Society ‘concerned’ about ombudsman’s expansion plan
Moves to cover complaints about unregulated providers will add to confusion, the Law Society says.
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SRA picks doctors’ regulator as new chief
Successful candidate will take over from Antony Townsend and begin role next year.
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Barristers quit panel in QASA protest
CBA members told that the move represents the ‘first sign of collateral damage’ in the QASA ‘mess’.
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Special bodies keep exemption from ABS licences
Review of regulation sees proposed change delayed once again.
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Bar complaints system cleared of racial bias
Review finds disproportionate number of BME barristers subject to complaints but says the system does not discriminate.
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Mortgage lenders slam SRA redress system
Mortgage lenders are confused by a plethora of legal regulators and lack confidence in the system, a new report claims.
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'Horror stories' case for third-party complaints
The Legal Services Consumer Panel has stepped up its campaign for the ombudsman to take on third-party complaints.
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SRA to scrutinise at least 55 high-risk firms
The Solicitors Regulation Authority is to begin ‘intense engagement’ with at least 55 firms identified as being at high risk of financial instability.
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SRA ‘more comfortable with traditional ABS hopefuls’
The regulator says improvements have been made since criticism of its handling of applications.
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'Engage early with the SRA', firms warned
Firms in financial trouble have the best chance of survival if they engage early with the SRA.
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'Halt and bin' QASA, says Waddington
Legal regulators being told to abandon scheme a week before registration is due to commence.