Reporting Accountants’ requirements relaxed
Changes to the format of accountants’ reports for solicitors’ practices – and the criteria for qualifying accounts and submitting them – should further improve their value and reduce the burden […]
A question of trust – SRA asks what really matters and what should happen when things go wrong
The campaign “A question of trust” will involve the legal profession and the public in a wide-ranging discussion about what meeting professional standards means. The SRA has been cutting regulatory […]
HMRC: issue with relief codes when making online SDLT payments
Customers are currently experiencing issues inputting relief codes 34 and 35 when filing online stamp duty land tax payments.
Have your say: how should the Legal Ombudsman be funded? (LSG)
The Law Society is looking at how the Legal Ombudsman is funded and whether any changes could be made to make its case fee structure fairer.
Changes to CML building insurance requirements (LSG)
On 30 November 2015, the Council of Mortgage Lenders (CML) will amend the requirements relating to building insurance in part 2 of the Handbook.
Accounts burden lifted from 1,000 smaller firms (LSG)
More than 1,000 firms are to be freed from the requirement to submit accountants’ reports to the Solicitors Regulation Authority.
Interview with Duncan Samuel, Managing Director of Gazeal (TC)
Duncan Samuel is Managing Director and founder of Gazeal, a new service, launched in April, which promises to end gazumping forever.
Auto-emails to boost feedback ‘integrity’ for solicitor review site (LS)
Legal services clients could receive email messages asking them to rate the quality of service under an agreement between a new solicitor rating website and a legal IT supplier.
SRA in renewed call to lower PII minimum (LSG)
The SRA has reopened the vexed debate about minimum cover for professional indemnity insurance – and mooted the idea of ditching a minimum altogether.
Delays in getting to exchange (IC)
The upturn in the south east property market has meant many more cases for practitioners to handle. That is great for business and consumers. However, we have also seen proportionately […]
SRA floats end to both compulsory minimum PII and compensation fund (LF)
An end to a compulsory minimum level of professional indemnity insurance (PII) and replacing the compensation fund with an insurance policy are among the ideas for reform of client protection […]
SRA debate on financial protections for when things go wrong
An SRA discussion paper launched this week looks at striking the right balance in providing financial protections for the public, and the cost for firms and individual solicitors.