Regulation and compliance – Page 122
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NewsASA 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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NewsFirms 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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NewsFury 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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NewsRegulators 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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NewsEversheds 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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NewsJohn 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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NewsSRA intervenes to close firm over suspected dishonesty
Regulator publishes notices confirming closure of Bury firm.
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NewsSociety: 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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NewsBar 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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NewsSociety 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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NewsRegulator seeks to lift ABS barriers for one-stop shops
Regulator to draw up changes to authorisation of multi-disciplinary practices.
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NewsGovernment 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.
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NewsLegal diversity groups reject John report on race
Racism faced by BME solicitors in disciplinary matters is as serious for the legal profession as the Lawrence inquiry was for the police, diversity groups have alleged.
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NewsSRA seeks to lift burden on sole practitioners
Sole practitioners will be allowed to apply for lifetime licences.
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NewsErnst & Young to enter UK legal market
Philip Goodstone, corporate managing partner at City firm Addleshaw Goddard, will join EY as a partner.
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NewsSRA’s unrated PII ban puts firms at risk, says Society
The regulator wants to avoid the problems caused by insolvent insurance providers in recent years.
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NewsSRA seeks first lay chair
Successful candidate will earn £90,000 for 100 days’ work a year, advertisement says.