You are here: Home » Our services » Specialist services » Specialist sectors » Legal firms » Legal Press Articles

Legal Press Articles

Piano treasure hoard – couple’s grand gesture leaves them penniless - June 27, 2017
thumb image

The highly-contested ownership of a treasure hoard, valued at a quarter of a million pounds, has been decided by a Coroner in Shropshire. The hoard of 913 gold coins dating back to the 19th century – the biggest ever found in Britain – was discovered by piano tuner, Martin Backhouse during a routine inspection of … Continue reading Piano treasure hoard – couple’s grand gesture leaves them penniless


Law Society’s Conveyancing Quality Scheme ‘an abuse of power’ – tribunal rules - June 27, 2017
thumb image

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). The news comes after claimants raised concerns that the that the Law Society’s requirement for more than 3,000 firms to ‘purchase’ anti-money laundering (AML) and … Continue reading Law Society’s Conveyancing Quality Scheme ‘an abuse of power’ – tribunal rules


Legal Aid should come before solicitors’ financial viability – Law Society - June 27, 2017
thumb image

The Law Society has reminded legal aid solicitors who specialise in criminal law that they can exercise discretion when it comes to accepting cases. The Society, which regulates law firms in England and Wales, said such solicitors have no obligation to take work if it would threaten the viability of their firm. While legal aid … Continue reading Legal Aid should come before solicitors’ financial viability – Law Society


Cross party group of MPs call for Tribunal fee reforms - May 26, 2017
thumb image

A Parliamentary report entitled Human Rights and Business 2017, has called for an imminent reduction to Tribunal fees. Although the report, which was published in April has been put on hold following news of a snap General Election to be held in June, the proposals are likely to be considered by the next Government. The … Continue reading Cross party group of MPs call for Tribunal fee reforms


Why solicitors cannot afford to be complacent about cyber security - May 26, 2017
thumb image

Around one in four legal firms have experienced a cyber-attack, according to a new survey published by NatWest. Researchers who conducted the annual Benchmarking Survey on behalf of the bank, found that of the 269 law firms who responded to the survey, a quarter had fallen victim to attacks by cyber criminals. The legal sector … Continue reading Why solicitors cannot afford to be complacent about cyber security


Sharp rise in cost of Solicitors Disciplinary Tribunal prosecutions, report finds - May 26, 2017
thumb image

The latest annual report of the Solicitors Disciplinary Tribunal (SDT) suggests that the costs incurred by the Solicitors Regulation Authority (SRA) associated with prosecuting lawyers on account of rule breaches has risen significantly in the past year. According to the study, costs of more than £3m were awarded to the SRA last calendar year, up … Continue reading Sharp rise in cost of Solicitors Disciplinary Tribunal prosecutions, report finds


Probate fee increase put on hold as MoJ runs out of time - April 27, 2017
thumb image

The Ministry of Justice (MoJ) has stated that it has run out of time to push through legislation which would have seen a massive increase in probate fees introduced in May. Fees had been due to increase, significantly in many cases, with a fixed fee of £155 (for those applying through a solicitor) being replaced … Continue reading Probate fee increase put on hold as MoJ runs out of time


Study sheds light on conveyancing market success - April 26, 2017
thumb image

New research suggests that the conveyancing market is “hitting new highs” previously unseen this side of the 2008 financial crisis. The data, which comes from Search Acumen’s conveyancing market tracker, suggests that law firms registering conveyancing transactions rose by four per cent in 2016 to 5,572 – the first sign of positive movement in more … Continue reading Study sheds light on conveyancing market success


LSB confirms 12 per cent regulatory fee increase for Barristers - April 26, 2017
thumb image

The Legal Services Board (LSB) has approved a 12 per cent increase in regulatory costs for Barristers, according to reports. Thousands of Barristers will now be required to pay ‘up to £200 more per year’ for practising certificates, with the extra funds raised expected to chime in at around £1.3million per year. Reports suggest that … Continue reading LSB confirms 12 per cent regulatory fee increase for Barristers


Regulator’s plans could require legal firms to publish tariff of fees - March 20, 2017
thumb image

Under new proposals by the Solicitors Regulation Authority (SRA) law firms could be required to publish their fees for a range of popular services such as conveyancing and the drafting of Wills. The SRA has confirmed that it is currently in the process of liaising with “law firms about the different areas that would work, … Continue reading Regulator’s plans could require legal firms to publish tariff of fees


© Copyright Moore Thompson. All rights reserved. | Terms & conditions | Privacy policy | Sitemap
Moore Thompson is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales.
Accountants in Spalding | Wisbech | Market Deeping | Lincolnshire | Cambridgeshire | Peterborough