Consultation for conveyancing solicitors on changes to STLD

HMRC is consulting for eight weeks on proposed change relating to the SDLT filing and payments process announced in the 2015 Autumn Statement, stating that they want to increase efficiency and reduce the compliance burden and costs for both HMRC and customers.

Negative rate threat to conveyancing fees (LSG)

Conveyancers have warned that fees will come under pressure to increase in the event of negative interest rates, after the Bank of England cut rates to a record low of 0.25% earlier this month.

ABSs may “dominate in high-volume legal services” (LF)

The traditional law firm partnership structure is still dominant in the profession but the arrival of alternative business structures has disrupted the status quo and may eventually become the norm in high-volume legal services, according to research.