News – Page 124
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Hudson: unrated indemnity insurers not an automatic risk
The Law Society has called for talks with Yorkshire Building Society to discuss its plans to remove law firms from its panel.
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SRA set for insurance rethink
Regulator wants to counter the perception that it is ‘indifferent’ to small firms.
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Rethink call over entity-based regulation
The Law Society has called for the SRA to rethink a proposal to exempt some foreign European firms.
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Former SRA chief moves to financial complaints
Townsend will take on post of complaints commissioner from next week.
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Regulator suspends QASA registration as challenge rumbles on
A renewed application for permission to appeal the dismissal of the judicial review has been listed for 9 May.
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ASA upholds complaint against ‘Mr Loophole’
Advert was misleading as it implied Nick Freeman would be directly involved with the details of each client’s case.
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Firms to be left ‘high and dry’ by PII plan
Chief executive of Elite, which insures one in 10 practices, warns that rating costs will be added to premiums.
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Firms rebuked over compliance failure
Three more firms have been rebuked for not having compliance officers in place by the start of 2013.
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LSB pledges to cut costs
The Legal Services Board has said it will reduce its budget by £150,000 in the 2014/15 year.
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Fury at MP’s ‘solicitor from hell’ question to prime minister
North-west firm posts online statement following House of Commons question.
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Regulators agree to open data to comparison websites
The LSB and Legal Services Consumer Panel want to open up the market for 'choose a lawyer' websites.
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Eversheds asks partners for capital following tax changes
The firm is seeking capital from partners following a crackdown by HMRC to clarify the definition of LLP membership.
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John rages at ‘illiterate rantings’ of diversity report critics
Professor Gus John has dismissed as ‘wild and baseless’ criticisms of his report into the SRA.
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SRA intervenes to close firm over suspected dishonesty
Regulator publishes notices confirming closure of Bury firm.
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Society: CPD plans ‘sending wrong signal’
The Solicitors Regulation Authority has proposed three options to overhaul the current ‘tick-box’ approach.
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‘Lifetime licences’ for sole practitioners
Sole practitioners will no longer have to apply each year for their status to be recognised following a rule change by the Solicitors Regulation Authority.
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Bar denies reported slump in tenancies
Tenancies for newly qualified barristers dipped 64% ahead of LASPO, figures show – but the Bar Council has rubbished its own statistic.
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Society opposes appointments power transfer
LSB wants frontline regulators to pick their own boards, rather than have them chosen by professional bodies.
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Regulator seeks to lift ABS barriers for one-stop shops
Regulator to draw up changes to authorisation of multi-disciplinary practices.
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Government wants power to fine rogue CMCs
The Ministry of Justice said new fining powers could mean some cold callers will be fined millions of pounds.