News – Page 96
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City watchdog urged to exempt legal from new accountability regime
Senior managers regime could erode legal professional privilege and put lawyers in a conflict-of-interest situation, Law Society warns.
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Society: lifting reserved activity restrictions could threaten UK competitiveness
Chancery Lane was responding to additional questions from the Competition and Markets Authority on reserved legal activities.
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LSB outrage over IBA claim it is government-controlled
Chief executive says super-regulator takes decisions ‘without fear or favour from government’.
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LeO: Handbook overhaul will ‘confuse’ clients
Complaints-handler joins multiple critics of SRA proposals to reform practising rules.
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SRA will shut law firms over ‘dubious’ investment schemes
Firms warned over using banking services through client accounts.
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Judge suggests ex-client could claim against defunct Blavo
Blavo & Co should have properly advised client before closing, tribunal hears.
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IBA 2016: legal independence in E&W under attack
Political attacks on lawyers and regulators answerable to government – two of the warning signs highlighted in major report.
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Use correct grammar, BSB tells newly qualified barristers
Recommendation comes in revised version of competences for practitioners.
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City savages SRA over handbook changes
As Brexit looms, City solicitors berate proposals which could ’damage the reputation of English law’ at a time when our jurisdiction is vulnerable.
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Public opposed to SRA handbook proposals
Ipsos-Mori survey shows the public likely to be overwhelmingly opposed to removal of key client protections.
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Top-tier barristers set creates BSB entity
6 Pump Court originally designed entity to focus on criminal legal aid work.
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Lawyers aghast at SRA plans to lift cold-calling ban
Rule on unsolicited calls would disappear from the code of conduct under plans to drastically slim down the handbook.
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Firm helped clients avoid £1.3m stamp duty payments
Gloucestershire firm BPE Solicitors agrees to regulatory settlement following SRA investigation.
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Compensation fund payouts tumble by £5.9m in a year
The number of claims coming into the fund also falls, from 1,842 in 2014 to 1,174 last year.
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Comparison sites need access to firms’ past mistakes – SRA chief
‘People outside the sector would be surprised at how contentious this is proving for legal service providers.’
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Scrap the SRA and create a single regulator, says LSB
Oversight regulator wants fundamental change – including of the professional title of solicitor.
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New legal firms set to top 1,000 this year
From 1 January to 31 July, 612 new business entities were authorised by the Solicitors Regulation Authority.
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Chancery Lane hits out at code of conduct reform plan
SRA has failed to make a convincing case for two-tier code, Law Society says.
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Bar Council criticises ‘burdensome’ CPD scheme
Proposals ‘bear little relevance to the requirements of practice’.
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SRA sanctions lawyer convicted of distributing indecent images
Stephen Coleclough must notify Solicitors Regulation Authority of any future work.