The Legal Services Board (LSB) is voicing its support to name the Institute of Chartered Accountants in England and Wales (ICAEW) as a licensing authority for alternative business structures (ABSs), its chairman David Edmonds has said.
Kings Court Trust (KCT) was delighted to welcome so many of its existing partners as well as new faces to seminars held this October in Newbury, Haydock and Coventry.
All legal firms in England and Wales are required to have professional indemnity insurance, covering civil liability claims such as professional negligence. Existing firms had to renew their insurance by the start of the indemnity period on 1 October, after which the single renewal date was abolished.
Research from the Legal Services Board (LSB) points to the strong potential of alternative business structures (ABSs) to make a huge difference in the legal services market. According to the LSB, ABSs are more productive, better at dealing with complaints about service and more innovative than traditional law firms.
Laura McDermott, Senior Case Manager at Kings Court Trust, explains the impact of legal aid funding cuts on claims against estates and what you, as a Will writing professional, can do in order to minimise the risks for your clients.
Since becoming the first Alternative Business Structure (ABS) licensed for probate by the CLC almost a year ago, Kings Court Trust (KCT) has continued to work closely with all of our Will writing and IFA partners.
The Legal Services Consumer Panel is determined to keep trying to persuade policymakers that Will writing should be made a reserved legal activity, even though the government decided not the support the idea in May.
When looking for legal services, consumers in the UK chiefly rely on recommendations from friends, relative and colleagues, but more and more people are using the Internet to choose the best provider, research suggests.
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