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Fairpoint looks for new firms to buy as it achieves “double-digit growth”

Fairpoint plc, owner of national law firm Simpson Millar, has said it is ready for more acquisitions after achieving “double-digit growth” in the last calendar year. The firm also reassured investors over the impact of the government’s whiplash reforms.

January 19th, 2016 | 1 Comment »

Major insurance fraud report: Increase SRA fining powers, lower tribunal burden of proof

The government should consider strengthening the fining powers of the Solicitors Regulation Authority and lowering the burden of proof in cases that reach the Solicitors Disciplinary Tribunal as part of the reforms needed to combat insurance fraud, a major report has recommended.

January 19th, 2016 | No Comments »

Slater & Gordon tight-lipped as Australian law firms recruit shareholders for group actions

Slater & Gordon (S&G) has remained tight-lipped as two Australian law firms invite shareholders in S&G to register for potential group actions against it. One of the firms, Maurice Blackburn, said concerns centred on the “timing and accuracy” of information released by S&G.

December 24th, 2015 | No Comments »

PI firm blames Autumn Statement as it suspends construction of “iconic” £8m building

Personal injury firm Asons has suspended building work on an “iconic” £8m new office in Bolton and announced a restructuring programme in response to chancellor George Osborne’s Autumn Statement. The firm said it wanted to focus on “shoring up its defences”.

December 18th, 2015 | No Comments »

Professional negligence warning over PI, commercial and family work

Personal injury, commercial and family work will all fuel negligence claims against lawyers, insurance specialist BLM has warned in a white paper. It also predicted that a new source of claims could come from the “rapid pace of reform” in legal services, testing new systems and processes “to their limit”.

December 8th, 2015 | No Comments »

SRA to research competence of personal injury lawyers

The Solicitors Regulation Authority is to launch a research project on the “competence” of personal injury lawyers, it has emerged. The research will examine the “decisions and processes implemented by firms to respond to legislative and market changes”.

December 4th, 2015 | No Comments »

Horwich Farrelly recruits Greenwoods personal injury lawyers from Parabis

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.

November 24th, 2015 | No Comments »

Personal injury experts join forces for launch of live “knowledge hub”

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.

November 5th, 2015 | No Comments »

Law firm’s joint venture CMC sparks PI competition by undercutting market on success fees

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.

October 19th, 2015 | No Comments »

I was wrong to sell my firm to Quindell, says former legal division boss

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”.

October 5th, 2015 | No Comments »