Insurance specialist Horwich Farrelly has recruited the entire Greenwoods large and complex personal injury team, among a total of seven partners and 36 other staff, from Parabis. Meanwhile Fletchers has revealed its ambition to be a top 100 firm by 2018.
A personal injury “knowledge hub”, backed by a board of industry experts, has been launched by solicitor and due diligence specialist Zoe Holland. Andrew Twambley and Professor Dominic Regan are among those involved.
A claims management company set up as a joint venture between a law firm and two non-lawyer investors is looking to start competition in the personal injury market by offering clients success fees of 15%. Quittance promises to absorb other costs.
The former chief executive of Quindell Legal Services (QLS) has admitted that he was wrong to sell a business he had built up over 13 years to the troubled plc two years ago. However, Phil Hodgkinson said he had learnt a lot from the “Quindell experience”.
The co-founder of Britain’s only trade union-owned alternative business structure (ABS) has warned high street lawyers that there is nothing to stop it competing with them. He also expressed concern that the profession was becoming obsessed with profit at the expense of the client.
International law firm DAC Beachcroft’s Claims Solutions Group, which employs 900 people across the UK, became an alternative business structure yesterday. Craig Dickson, chief executive of the group, said the move would help it respond to the “fluid” legal claims market.
A judge has told a litigant-in-person that a road traffic accident she was involved in was not to blame for her failure to secure a training contract. Judge Walden-Smith said the “sad fact” was that many “competent individuals” failed to obtain a contract.
Personal injury specialist Minster Law has signed an exclusive two-year contract with national chambers Clerksroom and Parklane Plowden, to provide barristers for its fast and multi-track cases. Stephen Ward, chief executive of Clerksroom, said he hoped similar contracts would follow.
The Serious Fraud Office (SFO) has announced this afternoon that its director has opened a criminal investigation into “business and accounting practices” at troubled Quindell plc. The Financial Reporting Council has launched its own investigation.