Urge to merge hits law firms across the land
A further series of mergers around the country have been announced as consolidation in the legal market continues to take hold.
Fines for solicitors who ran SDLT avoidance schemes (LF)
Two partners of a former Yorkshire law firm have been fined by the Solicitors Disciplinary Tribunal for their involvement in stamp duty land tax (SDLT) avoidance schemes.
Tuesday deadline for uninsured law firms (LF)
Firms that failed to secure professional indemnity insurance have until tomorrow to notify the Solicitors Regulation Authority.
Bank reform threat to law firm prosperity (LSG)
Financial advisers to the legal sector have warned of twin dangers threatening to undermine law firm stability in 2015 – with the potential to cause more closures.
Operational note – professional indemnity insurance renewal (TC)
This note relates to the renewing of professional indemnity insurance by solicitor firms regulated by the Solicitors Regulation Authority (SRA).
SLC calls on other lenders to follow HSBCs lead (TC)
The Society of Licensed Conveyancers today called on all mortgage lenders to follow the lead given by HSBC in allowing all firms that are regulated by the Council for Licensed […]
Help to Buy has not inflated house prices, says Bank of England (PIE)
Governor of the Bank of England Mark Carney has written to George Osborne about the Help to Buy mortgage guarantee scheme.
Property: capital gains tax charge on non-UK residents (SJ)
Question marks remain over some aspects of the government’s tax policy for the disposal of property by non-UK residents.
LR Changes Practice for Restrictions and Leasehold Registered Titles (IC)
From 20 October 2014, Land Registry will be implementing practice changes to help prevent restrictions on leasehold registered titles creating problems, where the restriction calls for the consent of a […]
Legal Ombudsman to launch online complaints portal (LF)
The Legal Ombudsman (LeO) is to launch a complaints portal this month that will enable lawyers to manage all of their contact with the organisation online.
Fusion Legal becomes latest Connect2Law hub to go its own way (LF)
East Midlands firm Nelsons has launched Fusion Legal, a new regional support network, following West Midlands firm FBC Manby Bowdler, which launched Hub Legal this summer.
SRA fines firm £2,000 for £2.5m stamp duty avoidance schemes (LF)
Leading Surrey firm Mundays has been fined £2,000 by the Solicitors Regulation Authority for using stamp avoidance schemes which saved clients over £2.5m.