CLSB

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.
Continue Reading →

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
Continue Reading →

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
Continue Reading →

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
Continue Reading →

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
Continue Reading →

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
Continue Reading →

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
Continue Reading →

New costs lawyer qualification

The CLSB was pleased today to be advised the LSB had approved the revised Costs Lawyer qualification. The CLSB, despite its small size, was well and truly ahead of the game in that it both identified and actioned changes needed in advance of the LETR report even being issued. This CLS
Continue Reading →

Consultation: authorised rights

CLSB today issued a consultation paper on a proposed revised Code of Conduct for Costs Lawyers to include Authorised Rights, which currently appear under the Statement of Rights. The consultation paper can be located under the “documents” section of the CLSB website. The consultation
Continue Reading →