News
Biggest indemnity insurer blames SRA as it decides not to seek new business this year
The largest provider of professional indemnity insurance to solicitors has announced that it will not be seeking any new business this year because of the Solicitors Regulation Authority’s failure to abolish the assigned risks pool immediately.
Hudson: SRA needs to provide “safe harbour” guidance to make OFR work
The benefits of outcomes-focused regulation could be thrown away if the Solicitors Regulation Authority (SRA) fails to provide “safe harbour” advice on how law firms plan to comply with the new rules, and transparency on how it will deal with breaches, the Law Society has warned.
The first deaf law firm? Practice launches campaign to make legal services accessible
A law firm in Blackburn will next week launch a campaign to make legal services more accessible to deaf people as part of its efforts to become what it says is the only law firm in the country for the deaf and hard of hearing. Joseph Frasier Solicitors’ campaign is called “Representing your right to be heard”.
Litigation funding code heads for October approval after years of argument
A code of conduct that aims to add stability and credibility to the market for third-party litigation funding could be agreed in less than three months after four years of stalled progress, Legal Futures can reveal. The Civil Justice Council has drafted in Irwin Mitchell senior partner Michael Napier to chair the working party that has been trying to draft a code since 2007.
Row over Holden’s comments on solicitors prompts ITV “clarification”
A chorus of complaints about comments made on ITV’s This Morning by Amanda Holden when promoting QualitySolicitors (QS) led to a clarification being broadcast on Friday. Solicitors were particularly incensed by what they saw as an implication that non-QS firms would rip consumers off.
NHS pays out £94m more to lawyers on both sides as costs bill tops £250m
The NHS Litigation Authority paid out £195m in costs to claimant clinical negligence lawyers over the past year, a rise of 61% on the previous 12 months, its annual report has revealed. Defendant lawyers also saw their costs shoot up 47% to £62m.
CLC hits back at Lord Chief Justice and Law Society opposition to new rights
The Council for Licensed Conveyancers (CLC) has hit back at opposition from the Lord Chief Justice and the Law Society to its application to grant rights to conduct advocacy and litigation. The Legal Services Board is currently considering the CLC’s application, and as one of its statutory consultees, the Lord Chief Justice Lord Judge has expressed his total opposition.
RTA portal beats predictions with 630,000 claims
The RTA claims portal processed around 25% more claims than anticipated during its first year of operation – with more than 630,000 claims submitted to compensators – as the system’s behaviour committee prepares to approach regulators to help stamp out bad practice by users.
CJC warns of MoJ threat to access to justice as Jackson implementation role is revealed
Government plans to reduce the amount of litigation in the county courts by introducing mandatory pre-action directions will undermine the constitutional principle of access to the courts, the Civil Justice Council (CJC) has warned. The news comes as the CJC’s role in implementing the Jackson reforms has also been revealed.
Firms have “heads in the sand” over compliance officers
Law firms are not doing enough to train staff in risk and compliance matters, a leading expert on partnerships has warned – adding that practices must “get their houses in order by October 2011” to be ready for the new regulatory requirements.
Blog
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.
The power of participation for trainees and apprentices
It’s important as a trainee or an apprentice to get involved in the life of your firm – even under the pressure of discovering how to navigate professional life and now the demands of the SQE.
