Tag: CQS accreditation
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CQS Accreditation Price Increases
New pricing for larger firms has increased. The new costs are as follows: 5-10 Partners 429(ex VAT) 11-20 Partners 560(ex VAT) 21-50 Partners 690(ex VAT) 51-69 Partners 1214(ex VAT) 70+ Partners 1942(ex VAT)
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Operational Policies for CQS Conveyancing
CQS accredited firms must implement all required modifications to their firm’s policies, controls, and procedures (PCPs). It is essential to provide comprehensive training to staff regarding these changes, clearly documenting the effective date and the potential assessment regime in place, especially in anticipation of the CQS renewal. The adjustments to the CQS Core Practice Management…
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Law Society’s Conveyancing Quality Scheme Numbers Decline
The number of law firms registered on the Law Society’s Conveyancing Quality (CQS) Scheme in 2023 was down 166 to 2,723. According to the various UK law societies, there were 11,226 solicitors working in residential conveyancing in October 2023, a fall of 13%, or over 1,600 solicitors, from September 2021. Over two years, there were…
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Are Authentication Badges the answer to Conveyancing Website Fraud?
Both the SRA and the Council for Licensed Conveyancers (CLC) are currently focusing their attention on cyber crime and property fraud. The CLC’s recent fraud webinar was extremely informative. I would wholeheartedly recommend any lawyer or estate agent spending the hour watching the recording. With mortgage and property fraud prevention policies and procedures in mind…
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Conveyancing Firms Prominent on SRA List of Uninsured Firms
In an unprecedented move, the Solicitors Regulation Authority (SRA) late on Friday, published the names of 136 firms that they advise have been forced to close as a result of failing to secure professional indemnity insurance (PII). The timing appears to have been well thought out, allowing the Law Society to remove the names of…
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Buiding Societies publish thier solicitor panel requirements
Newbury Building Society and Newbury Mortgage Services Ltd yesterday extended their conveyancing panel requirements by making changes to Section A.12 of their BSA Mortgage Instructions . Acceptance to the Newbury Building Society conveyancing panel is now subject to application and subject the following criteria: • The firm must have at least two qualifying partners. •…