Following an increase in demand for legal services, it has recently been announced that law firm partners currently work an average of 263 more hours per year than they did back in 2014. Continue reading
Category Archives: Legal Sector
A taste of things to come
There were a number of changes in the tax world last year that will affect solicitors in 2016, some of which are fairly straightforward and some of which will need good management to make the best of the opportunities on offer. Continue reading
SRA warns that cash deposits can be stolen in house buying scams
The Solicitors Regulation Authority (SRA) has issued a warning to law firms so that they ensure they have sufficient protections in place to guard against hackers. Continue reading
Law firms welcome news that SRA’s consumer credit regulation has gained full approval
The Solicitors Regulation Authority (SRA) has received final approval for its overhaul to the way consumer credit regulation operates. Continue reading
Mandatory criminal court charge to be abolished by UK Government
The controversial tax that has forced defendants to pay towards the cost of their criminal trials is set to be abolished. Continue reading
Government’s apprenticeship levy ‘likely to hit top 200 law firms’
Recent industry reports have indicated that approximately 200 law firms could be affected by the 0.5 per cent apprenticeship levy on company payrolls, which was recently announced at Westminster.
Criminal court charges are criticised by senior Judge
Since April this year, defendants have had to pay a criminal courts charge following a change from previous legislation, but one of the UK’s most senior Judges has recently criticised the system. Continue reading
SRA consumer credit plans approved by Financial Conduct Authority
A proposal from the Solicitors Regulation Authority’ (SRA), for consumer credit regulation, has been cleared by the Financial Conduct Authority (FCA). Continue reading
Law Society launches new toolkit as part of Equal Pay Day
In a move to ensure that more is done to put an end to different pay levels given to men and women doing the same work, simply because of their gender, the Law Society recently launched a new toolkit as part of Equal Pay Day. Continue reading
Wealthiest law firms could have to pay “a tax on success”
Justice secretary Michael Gove is set for a battle with City lawyers after launching a plan that would impose a multi-million pound tax on commercial law firms, to pay for the abolition of a controversial criminal court charge on defendants. Continue reading