Litigation/Dispute Resolution
Case fee already reducing FOS complaints brought by law firms
The new case fee for complaints to the Financial Ombudsman Service brought by law firms and claims management companies is already having an effect, it said today.
High Court concerned by solicitors’ “fishy” role in possession case
The High Court has highlighted the “fishy” role of two solicitors in a housing possession case in what “looks like a stitch-up” of the occupant by her ex-husband.
“Political agenda” against volume claims firms, says new Barings boss
There is “a political agenda at play” against volume consumer claims firms, the new owner and chairman of leading practice Barings Law has alleged.
Car finance fall-out: Millions of claims but “trouble” for some law firms
There are “millions” of motor finance customers in the same position as Marcus Johnson – whose claim succeeded before the Supreme Court – his solicitor has declared.
FCA unveils motor finance plan and warns consumers off lawyers
The FCA yesterday confirmed that it would issue a consultation in early October on a motor finance compensation scheme, stressing that consumers need not use a law firm or CMC.
Misconduct by solicitor leading to civil restraint order “was not noble”
The Solicitors Disciplinary Tribunal has rejected an argument from a solicitor made subject to a general civil restraint order that his “underlying motivation” was “noble”.
Supreme Court finds for lenders on motor finance – with one exception
The Supreme Court this afternoon overturned the Court of Appeal’s ruling in the motor finance litigation – with one exception, the unfair relationship under the Consumer Credit Act.
Pogust Goodhead: Dam defendants “trying to put us out of business”
Class action practice Pogust Goodhead has accused the defendants in the Fundão Dam case of trying to “put an end” to the firm by settling claims directly with its clients.
CAT makes costs support and public funding agreements standard
People bringing collective actions should always instruct costs specialists to assist them with scrutinising their lawyers’ fees and also make their funding agreements public, the CAT has ruled.
SRA and FCA join forces to warn over motor finance misconduct
Regulators have issued a warning to law firms and claims management companies about their conduct of motor finance claims ahead of tomorrow’s Supreme Court ruling.
Blog
The importance of benchmarking reports – and lessons on profitability
Regional firms reported the largest revenue growth this year (12%), outpacing their City counterparts. Yet many are not converting that growth into profitability.
Fixed recoverable costs: Sacrificing justice for predictability?
The extended fixed recoverable costs regime is failing to achieve its stated objectives. Instead of promoting fairness and efficiency, the rules are creating anomalies that undermine justice.
Expectations keep rising, so prioritise client experience
Law firms are facing growing pressure to place greater focus on client experience or risk falling behind in an increasingly competitive legal market.
