A personal injury firm has been reprimanded for an “irresponsible” radio ad which encouraged accident victims to claim compensation “irrespective of injury”. The news comes ahead of a £300,000 Law Society national advertising campaign that will promote PI lawyers.
The Legal Services Board has been critical of the length of the time the Solicitors Regulation Authority has taken to approve alternative business structures, it has emerged.
QualitySolicitors is set to unveil a “new approach to delivering legal services”, Legal Futures can reveal. It comes as the company’s deal with WH Smith winds down and founder Craig Holt becomes president to focus on research and development.
The 1,300 law firms who have their professional indemnity insurance with Balva face the prospect of having four weeks to find new cover if the winding-up process the Latvian company started yesterday becomes an “insolvency event”, the Solicitors Regulation Authority has warned.
Legal Futures Blog
At the Council for Licensed Conveyancers, we are keen to see more change in the regulation and delivery of legal services before we see a reduction in the number of regulators. But there is one area that we do think is ripe for simplification now and that is in the arrangements for compensation. A single compensation fund across all regulators would bring real consumer benefits and reduce regulatory costs.