Legal news

CMA gets green light to reform price transparency in legal sector - 11 October 2017

The Legal Services Board (LSB) has given the Competition and Markets Authority (CMA) the green light to proceed with plans to improve price transparency in the legal sector. It said the CMA’s proposals “represent a sufficient starting point for the

SRA publishes new social media guidance for solicitors - 26 September 2017

New guidance has been published by the Solicitors Regulation Authority (SRA) in recent days in relation to “inappropriate behaviour” on social media sites such as LinkedIn and Twitter. It follows news that the regulator has experienced a ‘significant increase’ in

Solicitors “missing out on business” by failing to follow-up clients - 26 September 2017

The legal sector is “missing out on business” by failing to follow up potential customers, a new study has revealed. Shopper Anonymous, which published the study, contacted a variety of law firms on 400 different occasions in person, by telephone,

SRA urges solicitors not to charge “excessive fees” for work in relation to PPI mis-selling - 26 September 2017

The Solicitors Regulation Authority (SRA) is calling on law firms to avoid charging “excessive fees” for claims in relation to the mis-selling of payment protection insurance (PPI). The calls come at a time when consumers are being urged to open

Changes to SRA rules will help solicitors to ‘switch’ between regulators - 9 August 2017

Proposed changes to Professional Indemnity Insurance (PII) rules will make it easier for law firms to ‘switch’ between approved regulators, the Solicitors Regulation Authority (SRA) has said. The SRA has announced plans to overhaul existing rules in a bid to

Expansion of fixed costs regime for legal claims to be “significantly” scaled back - 9 August 2017

Plans to apply fixed costs for all legal claims up to the value of £250,000 have been “significantly” scaled back, the Law Society has reported. Instead, Lord Justice Jackson has confirmed that fixed recoverable costs should apply to claims valued

Solicitors must provide greater cost transparency to ‘vulnerable’ consumers, report suggests - 9 August 2017

New research carried out by the Legal Services Board (LSB) suggests that the majority of ‘vulnerable’ legal services consumers who have mental health conditions such as dementia would benefit from greater cost transparency. The study, which surveyed 60 mentally ill

Law Society to reduce cost of solicitors’ practising certificate fees - 18 July 2017

The Law Society has announced that it will reduce the overall cost of its solicitors practising certificate fees to £278, according to reports. The move represents a reduction of £12 – and the Society has said that it is expecting

Land Registry targets solicitors and conveyancers with ‘property fraud’ warnings - 18 July 2017

HM Land Registry has been issuing important email reminders to solicitors and conveyancers stressing the importance of being on the lookout for so-called ‘property fraud’ – which can result in significant financial losses. The email reminders follow a series of

Legal sector enjoys growth for third year running - 18 July 2017

The latest UK Legal Benchmarking report has revealed that Britain’s legal sector welcomed growth for the third consecutive year in 2016. The report, which was put together by high street bank NatWest, revealed that law firms with five or more