The proposed ban on referral fees is unlikely to bring about the positive changes promised by the government – it will just create hard work for regulators, argues Susanna Heley
Another week and another announcement by a wannabe ABS that it intends to get into the legal services market big time. First it was QualitySolicitors which suddenly raised the temperature last month by selling up to venture capitalists Palamon Capital. Then, a fortnight ago, Cooperative Legal Services – set up by the Co-op in 2006 before the Legal Services Act even received Royal Assent – said it would launch a family legal advice service as soon as the Solicitors Regulation Authority was in a position to regulate alternative business structures. And last week, In-Deed, the conveyancing service set up by Rightmove founder Harry Hill, said it will buy up law firms to expand its legal services offering into areas such as will writing and personal injury work.