Tag Results

Referral fees in criminal cases could lead to “arrest chasing”

Removing the ban on referral fees in criminal cases could lead to “arrest chasing” by solicitors, the Bar Council has warned, and result in “as much public opprobrium” as ambulance chasing. However, the Bar Council backed third-party accounts for solicitors.

June 17th, 2015 | No Comments »

Law Society: “Piecemeal” SRA reforms could create “perverse incentives”

The Law Society has launched a sustained attack on plans by the Solicitors Regulation Authority to introduce third-party accounts, allow referral fees in legal aid cases and remove the requirement on firms to carry out reserved activities.

June 16th, 2015 | No Comments »

Only one solicitor sent to SDT over referral fee ban as large CMCs thrive

Only one solicitor has been sent to the Solicitors Disciplinary Tribunal for breaching the ban on referral fees in personal injury cases, it has emerged. Meawhile, the head of claims management regulation said the “biggest CMCs are making more and more money”.

June 9th, 2015 | No Comments »

Little interest from solicitors in third-party client accounts, survey suggests

Only 5% of solicitors would be interested in transferring their client accounts to a third party, a survey of firms in the south east has suggested. The SRA is consulting on whether to allow the move.

June 3rd, 2015 | No Comments »

Grayling promises crackdown on criminal law referral fees

Justice secretary Chris Grayling has promised criminal law barristers that the government will “take measures” to strengthen the Legal Aid Agency’s ban on solicitors demanding referral fees.

January 8th, 2015 | No Comments »

Smaller CMCs ‘hit hardest by market changes’

Smaller claims management companies (CMCs) have been hit hardest by market changes such as the ban on referral fees, it has emerged.

August 1st, 2014 | No Comments »

65 CMCs warned over referral fee ban compliance in first quarter of 2014

The Claims Management Regulator has warned over 65 claims management companies about their compliance with the referral fee ban in the first three months of this year, it has emerged.

July 9th, 2014 | 1 Comment »

The new referral fees

The practice of law firms paying a claims management company or insurer to have a case referred to them was ugly, drove unethical behaviours and placed commerciality above the rights and needs of injured people. It was rightly banned in April 2013.

May 22nd, 2014 | No Comments »

Admiral reveals ownership stake in joint venture ABSs

Admiral Group is the overwhelmingly dominant partner in the joint venture alternative business structures (ABSs) it has set up with law firms Lyons Davidson and Cordner Lewis, the insurer’s annual results have shown.

March 6th, 2014 | No Comments »

Top PI marketing collective opens panel for first time “to help smaller firms compete”

Marketing collective First4Lawyers – which last autumn launched a £10m personal injury advertising campaign – is to open up its panel for the first time as it looks to increase its market share.

February 27th, 2014 | No Comments »