News - Page 743 of 757 - Bold Legal Group

LSB attacks SRA’s “over-engineered” approach to MDPs and non-lawyer owners (LF)

The Legal Services Board (LSB) has attacked the Solicitors Regulation Authority (SRA) for having “over-engineered” its approach to regulating multi-disciplinary alternative business structures (ABSs) and to approving non-lawyer owners.

Rob Hailstone July 21, 2014

Lloyds defends solicitor debt collection letters, saying: “Times have changed” (LF)

Views on transparency and clarity “have changed” since Lloyds Bank first started sending letters to debtors under the name of a solicitors’ firm, its group chief executive has told MPs.

Rob Hailstone July 21, 2014

Nationwide warns firms tempted by lower cover (LSG)

One of the country’s biggest mortgage lenders has issued a warning to solicitor firms attracted by the proposed new mandatory minimum for professional indemnity insurance.

Rob Hailstone July 21, 2014

MPs grill Lloyds executive over ‘law firm’ debt letters (LSG)

MPs today lambasted a banking chief over ‘sham’ letters to lenders that purported to be from a solicitor’s firm.

Rob Hailstone July 18, 2014

‘Accountants have £500,000 indemnity limit, so why can’t we?’ SRA asks LSB (LF)

The Solicitors Regulation Authority (SRA) has reminded the Legal Services Board (LSB) of its decision to allow accountancy firms wanting to carry out legal work to have minimum indemnity insurance

Rob Hailstone July 18, 2014

Third of solicitors make errors when asking anti-fraud authority for consent to act (LF)

A third of suspicious activity reports (SARs) submitted by solicitors seeking consent to continue working on a matter do not contain enough information on which to make a decision, the

Rob Hailstone July 18, 2014

Solicitor suspended for boiler-room scam involvement

A solicitor involved in boiler-room scams has been suspended from practising for 18 months by the Solicitors Disciplinary Tribunal (SDT).

Rob Hailstone July 18, 2014

Bill introduced to abolish chancel repair liability (LSG)

A bill to abolish chancel repair liability has been successfully introduced into the House of Lords.

Rob Hailstone July 18, 2014

Internet overtakes friends and family as main way to find a solicitor (LF)

Clients are significantly more likely to find a solicitor through the internet than by asking friends or family, a major study of over 2,000 people has found.

Rob Hailstone July 17, 2014

Accountants able to handle probate work without solicitors from next month (LF)

Chartered accountants will be able to carry out reserved probate work themselves, without the need to instruct a solicitor, from next month, the Institute of Chartered Accountants in England and

Rob Hailstone July 17, 2014

Still in business (in 2024) (LSG)

Law firm leaders have to realise that the marketplace is increasingly commercial and must respond. Otherwise, failure beckons, writes the chief executive of QualitySolicitors.

Rob Hailstone July 17, 2014

Balva policyholders given new hope of compensation (LSG)

Policyholders with Latvian insurer Balva have been given fresh hope of making a successful claim for compensation.

Rob Hailstone July 17, 2014