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Watson Buckle
Welcome to our June Legal Bulletin

Welcome to the Watson Buckle Legal Bulletin, bringing you up-to-date news and information on the financial matters facing law firms.

This edition looks at: A Competition Appeal Tribunal (CAT) ruling that condemns the Law Society for abusing its position in requiring law firms to train through its Conveyancing Quality Scheme (CQS); Reports of a significant revenue boost for the conveyancing sector; and, finally, a useful new study that highlights what businesses look for when appointing solicitors or outsourcing work to legal firms.

We hope you enjoy reading our Legal Bulletin and find it useful. We welcome your feedback and ideas for topics so please get in touch with Chris Padgett at chrisp@watsonbuckle.co.uk or call 01274 516705.

Contact us to find out how we can help you or visit our website for more information

CAT: Law Society ‘abused its dominant position’ in conveyancing training market

A Competition Appeal Tribunal (CAT) has ruled that The Law Society “abused its dominant position” in forcing thousands of law firms to train through its widely-recognised Conveyancing Quality Scheme (CQS).

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Conveyancers welcome revenue boost

Conveyancers have enjoyed a significant boost in revenue in recent years, thanks to a highly competitive mortgage market, an increase in the number of first-time buyers getting on the property ladder and the willingness of buyers to pay more in conveyancing fees.

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Study sheds light on what businesses look for when outsourcing work to solicitors

95 per cent of UK businesses believe that a law firm’s level of ‘transparency’ is most important when outsourcing work to external solicitors, a new study reveals.

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Tel: 01274 516700   •   www.watsonbuckle.co.uk   •   email@watsonbuckle.co.uk

Watson Buckle Limited, Chartered Accountants
York House, Cottingley Business Park, Bradford, BD16 1PE
Tel: 01274 516700   Fax: 01274 516755

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