Latest news
New lender launches first panel limited to Conveyancing Association firms
A new buy-to-let lender, Fleet Mortgages, has created the first law firm panel made up only of members of the Conveyancing Association. CA chairman Eddie Goldsmith said he had held talks with others about a similar move.
Lawyers using libel threats to “intimidate” clients who post negative reviews online
Lawyers are increasingly using threats of libel action to intimidate clients into taking down negative reviews from comparison websites, it was claimed yesterday by a member of the Legal Services Consumer Panel.
Put duty on all legal services regulators to promote economic growth, says SRA
All the legal services regulators should under a new duty to “have regard to the desirability of promoting economic growth”, the Solicitors Regulation Authority has said. They should also appoint small business champions.
Court Appeal overturns ruling that law firm wrongly paid out £2.3m from client account
The Court of Appeal has overturned a High Court decision that a Sussex law firm wrongly paid out £2.28m it had received from a group of investors in what turned out to be a doomed airport investment scheme.
Survey reveals poor morale of public sector lawyers
Fewer than half the lawyers in central and local government are satisfied with their jobs and only a third with their pay, research by the Law Society has revealed.
First ABS attached to a barristers’ chambers launched in Liverpool
Liverpool-based 7 Harrington Street Chambers has launched what is believed to be the first alternative business structure attached to a barristers’ chambers. It opened for business last week, with three barristers and 7HS practice director as its directors.
Morgan Stanley’s Quindell hokey cokey – you put your money in, then take it out
Morgan Stanley has dumped Quindell stock just four days after becoming the alternative business structure’s second largest shareholder, it has emerged. Quindell’s shares jumped on Monday after announcing that it had taken a 5.03% stake.
LeO receives almost 1,000 CMC ‘contacts’ in first three weeks
The Legal Ombudsman has received just under 1,000 consumer ‘contacts’ about claims management companies in its first three weeks of complaints handling, it has emerged.
National Accident Helpline moves into conveyancing
National Accident Helpline has today unveiled its move into the conveyancing market by spending £4.3m to buy a lead generation business specialising in the sector that owns the website of failed alternative business structure In-Deed.
LSB to call on regulators to make law firms and chambers “accountable” over diversity
Regulators need to do more with the diversity data they now collect in order to drive improvements in recruitment and particularly progression and retention within the profession, the Legal Services Board will shortly say.
Blog
Mazur: a symptom not a cause?
If Mazur is a symptom, what does it mean for the underlying health of our civil justice system: the ‘finest legal system in the world’?
Cross-generation collaboration: the key to in-house legal tech adoption
In-house legal function leaders will increasingly have to evolve their thinking on how to manage multigenerational teams containing differing levels of technological expertise.
AI and law firm risk – the view of professional indemnity insurers
In considering law firm applications for cover, many insurers will expect to see evidence of how firms are adapting to AI and preparing for the future.
