CLSB

The profession speaks for itself

On 18 March 2015, the Legal Services Board (LSB) published the outcome of its survey of over 1,000 legal practitioners on the cost of legal regulation. Costs Lawyers provided the second highest response rate per professional population. We are pleased to advise the outcome evidences C
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Costs lawyer practising certificate fee 2015

The LSB has today approved the fee for a 2015 Costs Lawyer Practising Certificate in the sum of £250.00. Through continued sound financial management the CLSB has been able to keep the fee the same for the fourth consecutive year. For 2015, the ACL will be invoicing separately for its
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CLSB consultation on 2015 practising certificate fee

CLSB today issued a consultation paper to all Costs Lawyers under which it proposes the fee for a 2015 Costs Lawyer Practising Certificate remains at £250.00 for the fourth consecutive year. The closing date for responses is midnight on 12 September 2014.
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Consultation: Entity regulation & revised principle 3.6

CLSB today issued a consultation paper on its proposal to regulate entities from 2015. Under its proposal CLSB seeks to confine itself to the regulation of costs law entities with sole practitioners and in-house Costs Lawyers remaining regulated via their practising certificate. The c
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Revised insurance rule

CLSB was advised today that the LSB had approved its application to revise Practising Rule 10 on professional indemnity insurance. CLSB sought the revision following significant changes in CPR last year which increased financial risk. As a blanket increase in the minimum level of insu
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Revised code of conduct approved by LSB

CLSB was advised today that the LSB had approved its application to revise the Costs Lawyer Code of Conduct. The previous Costs Lawyer Statement of Rights has been reviewed to ensure that it is current and now appears under the Code of Conduct as Authorised Rights. The revision also n
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New chair of CLSB

CLSB is pleased to announce that Steve Winfield will join the CLSB as Chair with effect from Monday 17 March 2014. Steve has worked in the financial services industry for nearly 30 years where he gained significant experience of new financial regulatory regimes including the introduct
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Consultation: insurance

CLSB today issued a consultation paper on its proposed revision to Practising Rule 10.1 on insurance, following CPR changes and subsequent case law. The consultation paper can be located under the “documents” section of the CLSB website. The consultation period is open until midnight
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LSB refused CLSB application on trainees

The CLSB was today disappointed and frustrated that the LSB had refused to allow their application to set and maintain standards of Trainee Costs Lawyers who “earn and learn.” The application was based on a sound understanding of the profession we regulate and had consumer protection
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