Threat of no confidence vote subside for now but COLP/COFA debate remains after Law Society AGM
The Solicitors Regulation Authority (SRA) avoided the threatened vote of no confidence at the Law Society’s Annual General Meeting (AGM) despite widespread support for opposition to the proposed separation of COLP and COFA roles from those with “unliteral decision making” responsibilities within law firms. An open letter from the recently established SME and Boutique Law […]
Probate practitioners warned of rising liabilities as short term estate funding expected to rise
The inclusion of pensions in IHT calculations from April 2027 is expected to increase financial pressures on estates potentially increasing the number of estates facing significant liabilities warn the Council for Licensed Conveyancers (CLC) in its latest Risk Agenda 2026 published this week. The conveyancing and probate regulator warned IHT changes are expected to create […]
SRA consults on impact of technology and AI on solicitors’ learning and development
An eight week consultation has been launched by the Solicitors Regulation Authority (SRA) inviting views on proposed updates to the Statement of Solicitor Competence (SoSC) and functioning legal knowledge (FLK). Announcing the consultation the SRA said as the sector evolves, there are “new ways of delivering services and emerging risks and opportunities shaping the profession.” […]
4 day week pioneer launches estate planning succession consultancy business
An experienced will writer has identified a gap in the market to support other estate planning professionals looking to plan their own exit and succession strategy for their business. Trevor Worth, owner of Plymouth-based Portcullis Legals, has launched We Know Your Worth, a new consultancy drawing on his own experiences of planning his own business succession, […]
SRA appoints new chair Caroline Corby during “pivotal moment” for regulator
The Solicitors Regulation Authority (SRA) has announced its new chair of the board, Caroline Corby. Corby, who currently chairs the Professional Standards Authority (PSA), will begin her appointment next month, having replaced Anna Bradley. Speaking on her new role, she said: “I am delighted to be joining the SRA as Chair of the Board. The […]
The real-world impact of the ongoing generational wealth transfer
Recently rebranded untangled joins the latest Today’s Wills and Probate Podcast to discuss the continued impact of the Great Wealth Transfer, the increasing reliance on inheritance amongst younger generations and the role interim funding has to play in scenarios where estate administration grinds to halt because of issues around liquidity. Senior growth specialist William Dorey […]