Regulation and compliance – Page 105
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NewsFamily practice shut down following fraud conviction
Regulator intervenes into practice of Dianna Lee, also known as Dianna Gerald, Donna Gerald, Diana Gerhold and Diane Glackin.
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NewsNothing inherently riskier about ABS, says super regulator
Legal Services Board keen on government proposals for deregulation of alternative business structures.
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NewsComplaints about one rogue chambers plague BSB
Unnamed chambers also accounted for 77% of the 46 referrals from the Legal Ombudsman.
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NewsFake universities ‘likely to have offered law degrees’
Of 62 bogus learning institutions identified, 25 based overseas claiming to be UK universities have been closed down.
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NewsSociety gives qualified backing to ABS reforms
Traditional firms and ABSs must operate on level playing field, says Chancery Lane.
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NewsBar ‘entities’ flop – so fees under review
Bar Standards Board expected 400 applications from lawyers hoping to incorporate into single-person ‘entities’. There were just 46.
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NewsFifty law firms face race against time to stay in business
Practices insured by unrated outfit Enterprise have less than three weeks to find alternative indemnity cover.
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NewsPolice station reps banned over convictions
Non-solicitors Derek Martin Parker and John Bull were authorised by the Legal Aid Agency.
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NewsPI claims sector shrinks as income drops by a third
Regulator’s annual report shows number of claims management companies halving in five years.
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NewsSRA raises concerns over solicitors’ independence
Risk outlook highlights fear that firms in PI and corporate sectors may be compromising their integrity.
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NewsAccountancy firms set for further expansion into legal market
Institute of Chartered Accountants in England and Wales applies to become an approved regulator of five reserved activities.
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NewsCashier jailed and banned after taking £728k from City firm
SRA notice states finance employee misappropriated funds over more than two years.
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NewsTrust in lawyers falling, but client satisfaction high
Consumer panel survey reveals almost half of matters now paid through fixed fees.
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NewsLaw Society voices concerns over ‘regulator shopping’ rule changes
Proposals could leave clients without insurance cover, Chancery Lane says.
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NewsSRA: ‘radical’ proposals will open up access to justice
But regulator acknowledges the need for adequate safeguards
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NewsSolicitors and public divided over client confidentiality
Findings from SRA survey to be used as basis for dealing with misconduct in future.
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News‘Radical’ handbook reforms will widen access to justice, SRA says
Chief executive Paul Philip says certain safeguards will be needed after Law Society raises concerns.
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NewsLegal watchdog begins search for £500 per day chair
Knowledge of legal services market and its contribution ‘would be desirable’.
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NewsHandbook changes could lead to ‘two-tier profession’ – Society
Chief executive Catherine Dixon says SRA’s proposals could have a serious impact on legal professional privilege.
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NewsOne year on: bar ‘entities’ pleased they broke away
So far, just 54 entities have been set up, against a projected 400.