The 2nd edition of The Law of Legal Services and Practice, authored by Russell-Cooke Senior Partner John Gould, has been published today.

Coming four years after the launch of the 1st edition, this updated guide provides in depth coverage of all of the regulated legal professions, covering the key legal issues and current complexities of legal practice, including:

  • regulatory structures and codes including the SRA's completely revised Standards and Regulations
  • supervision, investigation and enforcement by regulators
  • misconduct and tribunals
  • the legal relationship with clients and others, including analysis of contractual terms, fiduciary duties and professional negligence
  • professional Indemnity insurance
  • fees and liens
  • protecting a lawyer's goodwill
  • the structures and financial stability of legal businesses

The Law of Legal Services and Practice (2nd Ed.) is published by LexisNexis and is a key reference work for all practising lawyers, particularly those with personal management or regulatory responsibilities. It also provides valuable insight to those who regularly purchase legal services, as well as offering a comprehensive introduction to the legal profession for those beginning their careers.

Russell-Cooke partner Michael Stacey (formerly of the Ministry of Justice and Legal Services Board) and compliance specialist Andrew Donovan (formerly of the SRA) have contributed to both editions. The book is available to purchase from LexisNexis and Wildy & Sons.

John Gould, Senior Partner at Russell-Cooke, commented:

"The book is intended to provide an authoritative first point of call for the full range of legal issues which arise for lawyers during practice. It covers not only the regulation of lawyers but also the substantial body of common law concerning lawyers and their clients. I hope it will be helpful not only as a reference work for senior practitioners and regulatory and compliance professionals, but also as a way for less experienced lawyers to benefit from an accessible description of the legal issues and risks that lawyers will encounter during their careers."

John Gould's area of expertise is regulation and public law. He specialises in the analysis and solution of complex regulatory problems, advising regulators, government departments, law enforcement agencies, charities and statutory and professional bodies.

He has led the senior management team at Russell-Cooke for more than 25 years. During that time Russell-Cooke has grown in turnover terms from less than £1 million to more than £35 million, with more than 200 lawyers and a nationally significant reputation in many specialist areas of law.

Chambers UK has over the past decade described him as "an important figure", "highly intelligent and innovative" with "unsurpassed knowledge of regulatory powers".

Michael Stacey acts for regulators, regulated firms and individuals in regulatory investigations, complex disciplinary proceedings and statutory appeals, judicial reviews, professional liability disputes and other regulatory litigation. Before qualifying as a solicitor with Russell-Cooke, Michael worked in public policy. He worked on legal services regulation policy at the Ministry of Justice and then at the Legal Services Board on developing the framework for regulating alternative business structures (ABS) and workforce development in the legal services sector. He is ranked for professional discipline in the current editions of Chambers and Legal 500, where he is identified as a "rising star".