Competence
Tougher line on negligence is worry to law firms, says insurance specialist
The Court of Appeal’s ruling in the Levicom case involving City firm Linklaters last week “will be of concern for City firms and their insurers”, a leading professional indemnity lawyer has warned.
Consumer chief calls for lawyers’ competence to be tested every five years
Lawyers should undergo five-yearly competence testing, as well as face peer review of the advice they provide clients, the chairwoman of the Legal Services Consumer Panel has said.
The legal profession and the sale of general insurance contracts
Insurance mediation does not sound like the kind of thing solicitors do, but in fact many are involved in it and their knowledge of the rules around it are often sketchy. Alan Bannister of Vizards Wyeth outlines the main issues.
Blog
The ongoing rise and challenge of housing disrepair in council properties
Britain’s housing disrepair crisis has quietly evolved into one of the most consequential legal and political issues facing the country’s social housing sector.
Source of funds is where AML really gets tested
It’s a familiar story: a PDF of a bank statement lands in your inbox, your client leaves a cursory note explaining what some of the transactions mean, and you close the file.
Firms need to move faster on AI pricing
Law firms are trying to rethink pricing while still operating on business models fundamentally built around time.
