Entries by ACLAdmin

23,000 and 30,000 people use online provider for divorce.

The research, which focused on unregulated providers for wills, divorce and intellectual property law, found that on average unregulated providers represent 5% of the paid advice given to address a legal problem. The proportion was highest in family law, where unregulated providers represent between 10%-13% of the paid advice given. The research found that unregulated […]

Practising fees to be reduced by 10%

Solicitors are in line for a near 10 per cent cut in their practising certificate fees, the profession’s joint governing bodies revealed on Friday.   “We have reduced the cost of our work very significantly since 2014 and we are committed to further reduction,” said Paul Philip, chief executive of the Solicitors Regulation Authority. “This […]

Veyo salaries were an average of £74,300

Staff at failed e-conveyancing project paid average £74k Staff at the Law Society’s failed e-conveyancing business were paid average salaries of nearly £75,000 annually, final account figures for Veyo revealed. For the year ending October 31, 2015, the ten staff involved with the business were paid a total of £743,000. Ultimately, Veyo went down with […]

BSB gets LSB recommended approval to regulate ABSs

BSB welcomes LSB’s recommendation to the Lord Chancellor to enable it to regulate ABSs 19 May 2016 The Legal Services Board (LSB) has recommended to the Lord Chancellor that the Bar Standards Board (BSB) be permitted to regulate Alternative Business Structures (ABSs), by designating the Bar Council as a licensing authority. BSB Director of Regulatory […]

CEDR release latest figures for mediations

Commercial mediations increased by about 5 per cent last year in the UK, with their value exceeding £10.5 billion, figures from a London-based dispute resolution body revealed yesterday. The 2016 audit from the Centre for Effective Dispute Resolution claimed the results showed that some businesses saved £2.8 billion in management time, relationships, productivity and legal […]

SRA commend solicitors for adhering to AML

SRA the largest of the legal regulators release its own research commending solicitors for adhering to money laundering regulations. Paul Philip, chief executive of the Solicitors Regulation Authority, said that while “law firms are an attractive target for those wishing to launder money, our analysis shows that the vast majority of the firms take their […]