Latest news
Outsourcing giant launches ABS to add legal to claims services
A global legal outsourcing brand has launched an alternative business structure to add legal services to its motor claims business. WNS, based in Mumbai, has delivery centres across the world.
Police called in stand-off over ownership of law firm
A High Court judge has described how locks were changed and the police were called in an extraordinary stand-off over the ownership of a law firm. The case also raised questions about the extent of the Solicitors Regulation Authority’s intervention powers.
Slow off the blocks? BSB regulates fewer firms than expected as ABS launch date slips further
The Bar Standards Board (BSB), which predicted at one point last year that it would authorise 400 firms in 2015, has authorised only 32 in its first four months as an entity regulator, it has emerged. Meanwhile it may not be regulating alternative business structures until later next year.
Fairpoint buys Colemans-ctts
Fairpoint Group has bought volume personal injury and conveyancing firm Colemans-ctts for £9m, plus a further £7m, linked to performance. The purchase brings Fairpoint’s income from consumer legal services to 62%.
Rules forcing local authorities to set up ABSs “risk privatisation of public sector legal services”
Local authority legal departments are being forced to set up alternative business structures by restrictive rules on in-house lawyers, leading to the “privatisation” of public sector legal services, the director of Essex Legal Services has claimed.
Two-partner firm succeeds in striking out £8m professional negligence claim
A two-partner central London law firm has succeeded in striking out a professional negligence claim for over £8m. Master Bowles said the claimants had allowed the proceedings to sink into “indefinite abeyance”.
Business services giant blames SRA rules for scuppering ABS plans
Peninsula Business Services, one of the largest unregulated providers of legal services in the country, has blamed Solicitors Regulation Authority rules for scuppering its plans to set up an alternative business structure. The company provides employment law, HR and health and safety advice to over 30,000 small businesses in the UK.
Growing medical negligence marketing collective launches £1m TV campaign
A growing medical negligence marketing network has launched a £1m TV advertising campaign that aims to differentiate itself from other firms that “lack transparency when dealing with clients”. The first instalment of the campaign premiered during an ad break for Coronation Street.
Exclusive: Ground-breaking ‘win rate’ research reveals top-performing litigators
Two QCs, Michael Fordham and Phillippa Kaufmann, have been named by US analysts Premonition as the barristers with the highest win rates in the senior courts, Legal Futures can reveal. The top law firm was also named.
Reform of in-house lawyer regulation could improve consumer access to justice, says LSB
The removal of regulatory restrictions on in-house lawyers could provide greater access to justice for consumers, the Legal Services Board has said. It also warned the Solicitors Regulation Authority and Bar Standards Board that the reviews of the rules for in-house lawyers they are starting “will need to be far reaching”.
Blog
Amplifying reach through employee-driven thought leadership
Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.
Divorce escrow: asset sales before final settlement
When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.
AML lacks clarity – and standards are suffering
If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.
