Market intelligence for law firms of the future
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1,300 law firms face emergency hunt for new indemnity insurer
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.
Law Society kicks out committee members who failed to undergo E&D training
Eight members of Law Society committees have been kicked off for failing to undergo mandatory equality and diversity training, it has emerged. All members of boards and committees had a 30 April 2013 deadline to undergo the training.
Consumers “still see lawyers as too expensive”, says research
Close to half of consumers of legal services are not satisfied with the value for money they received, with probate providing the least satisfaction and will writing the most, according to research. Just 57% considered they received value for money on average.
Consumer panel calls for radical reform of financial protection arrangements
A single scheme joining up professional indemnity insurance and compensation funds across the whole legal services market – including unregulated providers – should be actively explored, the Legal Services Consumer Panel has recommended.
Referral scheme offers “lifeline” to PI solicitors
A scheme that offers solicitors a “lifeline” by enabling them to continue working with personal injury referrers was launched today by well-known legal IT firm Epoq. The company has created LegalGo, a free legal assistance plan.
Co-op distances itself from claim that good client service is “alien to solicitors”
The Co-operative Legal Services has disassociated itself from comments made by its sales and marketing director that putting consumers at the heart of what they do is “alien” to solicitors, after complaints by the Law Society.
Co-op launches multi-million pound legal services advertising campaign
The Co-operative Legal Services has today stepped up its attack on the legal market by launching its first ever TV and radio advertising campaign. The multi-million pound campaign will air on TV and radio stations across London.
Clegg leads youth army to City law firms in search of fair access
Nick Clegg, former Dragon’s Den star James Caan and busloads of young people will descend on City law firms Slaughter and May and CMS Cameron McKenna today as part of the deputy prime minister’s campaign to increase opportunities for those from less privileged backgrounds.
Sorrells Solicitors launches new streamlined business model with Virtual Practices
Adopting the Virtual Practices (VP) hosted legal software and outsourced cashiering service has helped Sorrells Solicitors to streamline its services and to move across the UK from Essex to Wales.
High Court backs solicitors in mortgage fraud case
The defence protecting honest solicitors duped by mortgage fraudsters that was erected by the Court of Appeal last year has been reinforced by the High Court. A law firm can be relieved of consequential liability for a breach of trust if it acts honestly and reasonably.
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Associate News
A well earnt break for CILEx student as PSG announce Title and Legal Insurance competition winner
50 new jobs at Moneypenny
Legal Eye launches unique seminars on law firm compliance, risk management and marketing
Conveycentric conference for licensed conveyancers spotlights need to protect lender panel status
Hillyer McKeown adopts SOS Connect to boost client service delivery in six-figure deal
Material or non-material? That is the question
Conveycentric welcomes regulator’s statement on risk management tools
