Regulation and compliance – Page 109
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NewsLaw Society queries guidance on complaint signposting
'Unnecessary' consultation could lead to duplicate guidance, Chancery Lane says.
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News‘Don’t wait to innovate,’ SRA tells in-house solicitors
Revamped code of conduct and handbook will not be published before spring 2017.
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NewsAlan Blacker/Lord Harley has SRA claim struck out
Solicitor-advocate challenged regulator over release of information following FoI request.
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NewsSolicitors becoming McKenzie friends to avoid regulatory costs, CMA told
Trade association says solicitors can provide cheaper services by practising as McKenzie friends.
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NewsSolicitor fined £5k over ‘flirtatious’ texts to client
Andrew Mark Lee sent his client messages referring to her as ‘gorgeous’ and a ‘right glamour puss’.
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NewsSRA consults on costs for firms switching regulators
Solicitors Regulation Authority proposing to waive six-year run-off cover for professional indemnity insurance.
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NewsMPs slam SRA over magic circle firm’s role in ‘mis-selling’ scandal
All-party group ‘does not believe the SRA’s stance to be morally justifiable’.
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NewsContentious LeO staff payments scheme scrapped
Controversial payments stopped last month as ombudsman seeks to close chapter on difficult two years.
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NewsABSs ‘haven’t worked’ and it’s our fault – SRA chief
Paul Philip urges solicitors to form ‘one-stop shops’ with accountants and details plans to allow solicitors to practise outside law firms.
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NewsUnregulated firms denied ‘veneer of legitimacy’ through LeO
The LSB had included proposals in its draft business plan and suggested consumers would benefit from access to redress.
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News£300k budget cut for super-regulator
Legal Services Board says cost to PC holders has fallen by nearly a third since 2009/10.
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NewsSRA shuts down five firms in the space of a week
West Yorkshire Police confirm arrest in relation to fraud allegation linked to one closure.
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NewsSRA seeks answers from firms linked to Panama Papers
UK firms named in documents leaked from Panama firm Mossack Fonseca.
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NewsCommercial pressures could lower quality, bar regulator warns
Pressure to win business could lead barristers to compromise ethical principles, according to the BSB.
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NewsBar ‘entity’ model points to ‘fused’ profession
Owners of two of the latest BSB-regulated entities claim the two branches of the profession are slowly converging.
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NewsFixed-fee firms offering cheaper service, LSB finds
Oversight regulator wants more firms to publish fees on their websites – and finds big variations in amounts charged.
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NewsLawyers urged to copy other sectors in ditching jargon
Legal Services Board says there is much to be learned from how other industries make services accessible.
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NewsBar regulator approved to license ABSs
The BSB could start approving alternative business structures from October – more than two years after it had originally intended.
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NewsConveyancers’ regulator to cut fees
Council for Licensed Conveyancers intends to apply reduced rate across the board from 1 November.
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News‘Pause and rethink’ for legal training reform plans
Solicitors Regulation Authority responds to backlash over ‘super-exam’ scheme.