All Regulation and compliance articles – Page 158
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FeatureHow To: handle OFR in-house
In-house lawyers seeking to comply with outcomes-focused regulation are dealing with a regime that is ‘dynamic’ and constantly evolving.
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NewsSRA seeks ‘modest’ increase in fining powers
Regulator unhappy with disparity between traditional firms and alternative business structures.
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NewsMP intervenes in SRA costs row
Simon Danczuk is angered by what appears to be a loophole denying costs protection to someone who was a beneficiary of a will but not the client.
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Opinion
Fraud and inducements
The SRA should take the lead and investigate the presence or otherwise of a link between inducements and fraud.
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NewsSolicitor population rises to all-time high
SRA statistics show no let up in people entering the legal profession.
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NewsBalva clients offered hope as SRA targets uninsured
Uncertainty eased for hundreds of firms insured with Latvian company.
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NewsSRA warns of ‘group contagion’ threat to complex structures
Regulator urges firms tied into complex structures to act against the risk.
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NewsSociety aligns with CBI to promote UK legal services abroad
City lobbying alliance a first for Chancery Lane, but SRA chair intervenes in debate on regulatory burden to warn that ‘hundreds of firms are on the edge of collapse’.
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NewsBar Conference 2013: McGowan slams ‘cumbersome and expensive’ legal regulation
Chairman of the bar claims barristers are ‘watched over like naughty children’
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NewsClients unwilling to pay extra for regulation costs
LSB survey finds little public enthusiam for clients paying for their own regulatory protection.
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OpinionThe spirit of the referral fee ban? It doesn’t exist
SRA is doing what it can with the legislation, but is impotent to stop these arrangements.
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NewsLiquidator confirms redundancies at closed firm Follett Stock
Job losses follow SRA decision to shut down the practice.
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NewsSRA director: we cannot enforce spirit of referral fee ban
Executive director says those wanting a new approach should look to Westminster.
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NewsSRA reports 85% success rate for PC renewals
Renewals rate exceeds 2012/13 figure as regulator considers next step.
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NewsOmbudsman gloomy about powers extension
No immediate prospect of taking on complaints about claims management companies.
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NewsSaga Law aims at ‘gap in the market’
Joint venture between Saga and Parabis Law to begin trading next year.
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NewsBarristers are watched over like naughty children, says chief
Legal regulation too cumbersome and too expensive, bar chair tells conference.
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FeatureEducation and training: learning curve
The profession’s regulators face complex and overlapping challenges in creating a legal education system which shifts the focus from the ‘journey’ to the point of qualification.
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OpinionWhat sort of question is that?
Form-filling is increasingly becoming part of the job. But how many solicitors answer the questions honestly?
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NewsLack of PII puts 153 firms on cessation list
If they fail to secure cover by 29 December they will have to close.