Read about Federal Attorney-General Robert McLelland’s outbursts criticising the legal profession and current state of regulation, a new role for consumers of legal services and about New South Wales’ Lawcover itching to compete nationwide for the PI insurance pot of gold. Read the text of the Chief Justice of Western Australia’s speech on “The future of regulating the Legal Profession: Is the Profession Over Regulated?”
National – Further progress towards national regulation of the legal profession which could see a National Legal Ombudsman and the increasing likelihood of a National Practising Certificate.
Alan West CEO NSW Division of the Australian Institute of Conveyancers, writing in their Journal (2nd Issue 2009), states: “the main drivers of acceptance of electronic conveyancing will be the banks” and “the main reason the system designed for Victoria has not worked … is because the main banks want a national system and refuse to get involved with a ‘State’ based system”.
likened to a game show where contestants who are fastest on the buzzer are likely to get first shot at being issued a matter. Contact Legal Practice Intelligence confidentially Tel: 02 9328 7676 or email your say.
The National Electronic Conveyancing Office has launched a nationwide roadshow themed “Workshop about Electronic Conveyancing” however cynics might label this a public relations drive following the financial and political stumbling blocks encountered in recent months.
Deacons will merge with UK’s Norton Rose and form Norton Rose Group from 1 January 2010. Post merger it is expected that there will be 700 fee earners based in Australia and Asia. Link to News Source
The NSW Government has kicked in $2m following cries for help from parties putting together our state of the art E-Conveyancing system. Link to News Source
draft legislation to be prepared within 12 months. The last attempt at national uniform regulation was far less ambitious; the process dragged for 15 years and did not achieve adoption by all States. Now the goal is draft legislation in 12 months – perhaps a first draft. Link to News Source
Despite the Prime Minister suggesting that the Boost will end on schedule, it now appears likely that the Boost will continue in a modified form. Details are expected to be released in the Federal Budget, May 12. Link to News Source
Steve Mark quoted in ALB “The whole concept of the billable hour limits firms’ profit,” said Mark. “The problem is it’s used as a charging tool instead of a costing tool. What firms have to do is build a product into the billable hour, so fees go up.” Link to News Source