Taskforce launches practitioners guide for financial advisers
The Law Society has urged the government to halt its proposed reform of the tax law that governs limited liability partnerships (LLP), a structure commonly used by advisory businesses.
The Law Society has launched a consumer campaign to highlight the importance of using a solicitor when fighting insurance claims.
The legal industry is set to launch a new will writing quality scheme to bridge the gap left by the government's refusal to regulate the practice.
Will-writing will remain unregulated so it's never been more important to ensure yours fits the bill.
The government has rejected proposals to regulate the practice of will-writing, following a written request from the Legal Services Board (LSB) which said it had uncovered a "compelling case" for regulatory oversight of the industry.
The Law Society has welcomed calls for will-writing to be subject to regulation, but argues a failure to apply similar oversights to estate administration activities could harm consumers.
The Law Society has taken the unprecedented step of urging its members to ignore the Solicitors Regulation Authority's (SRA) new rules on recommending financial advisers to clients, warning that they could expose solicitors to negligence claims.