You are here

ABS countdown | The accountants are coming – or are they?

ICAEW's tactical application to regulate probate services is in starck contrast with the 
legal and accountancy professions' apparent lack of interest in multi-disciplinary 
practices, says Stuart Bushell

25 July 2013

There are, somewhat surprisingly, ten legal regulators approved by the Legal Services Board. Those solicitors who would welcome another one should form an orderly queue. The massed ranks who would welcome the Institute of Chartered Accountants in England and Wales (ICAEW) as number eleven might be rather short and the Law Society will not be supplying refreshments. This is more or less where we are with the institute's application to the LSB to regulate probate services and to become only the third of the eleven to license ABSs.

The ICAEW's application to become 
a regulator of probate services and ABSs was submitted to the LSB in December 2012. In May of this year the Law Society delivered a long letter to the LSB, protesting that, if the LSB were to allow the application, it should also insist on the Institute separating its regulatory and representative functions, as the Law Society, Bar and other legal regulators had been obliged to do. The ICAEW respo...

Want to read on?

This article is part of our subscription-based access. Please pick one of the options below to continue.

Already registered? Login to access premium content

SUBSCRIBE for one User

Unlimited access to the entire SJ website for a full year for one user.

  • 10 issues a year delivered to you
  • Digital edition of the magazine for one user – sent to your inbox or accessible through the website
  • Access to premium content on the website
  • Access to the fully searchable online archive of Solicitors Journal, Managing Partner and Private Client Adviser, which spans over 13 years
  • Weekly email newsletter with all the latest news, analysis and features
  • Comment on SJ content and contribute to the SJ community online
  • Advanced search feature
  • Online support
  • Access to SJ app compatible with Android and Apple devices – coming soon!
  • 6 special focuses per year
  • Special offers and discounts on Solicitors Journal and IICJ events

Subscribe

CORPORATE SUBSCRIPTION

Your department or entire firm can subscribe to Solicitors Journal online, providing easy access for all who require it. Discount corporate subscription rates apply, based on number of users.

The Corporate IP Licence includes:

  • Digital copy of the magazine sent to individuals’ inboxes and accessible through the website. Solicitors Journal publishes 10 issues per year
  • Unlimited access to premium content on the website based on IP addresses
  • Unlimited access to the fully searchable online archive of Solicitors Journal, Managing Partner and Private Client Adviser, which spans over 13 years
  • Weekly email newsletter with all the latest news, analysis and features
  • Comment on SJ content and contribute to the SJ community online (username required)
  • Unlimited access to SJ app compatible with Android and Apple devices
  • 6 special focuses per year
  • Special offers and discounts on Solicitors Journal and IICJ events

The Corporate IP Licence is tailored to your firm, making it the most cost effective way for the firm to access Solicitors Journal, and enables the firm to remain compliant with copyright and our Terms and Conditions. This gives you the ability to print and circulate articles within the firm.

To enquire about a Corporate IP Licence for your firm, please contact our Subscriptions Manager on emily.beechey@solicitorsjournal.com.