Friday 27 May 2011

LSB publishes final referral fees decision

The Legal Services Board has today said that it would no longer seek to prescribe precise measures meaning that law firms and others would have to achieve greater transparency over referral arrangements by posting details on their websites.

Crucially, and after a lengthy investigation by the Legal Service Boards "Legal Services Consumer Panel", it was concluded that there was not enough evidence for an outright ban on referral fees.

It still seems likely that there will be a push towards greater transparency.

Article taken from: Link to Article taken from the LawGazette
Posted by HallmarkSolicitors at 11:32

5 comments:

  1. Sample Agreement8 September 2011 at 10:18

    Thanks for the advice, very helpful and appreciated!
    Sample Agreement

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  2. Rajni26 December 2011 at 10:31

    This comment has been removed by the author.

    ReplyDelete
  3. Daniel Milstein12 January 2012 at 00:16

    That is so true. As an author and business man, I can relate to how you said "Crucially, and after a lengthy investigation by the Legal Service Boards "Legal Services Consumer Panel", it was concluded that there was not enough evidence for an outright ban on referral fees". I hope more people discover your blog because you really know what you're talking about. Can't wait to read more from you!

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  4. Jennifer24 August 2013 at 20:16

    Very interesting

    ReplyDelete
  5. Andy6 April 2014 at 21:49

    Well worth a share

    ReplyDelete

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