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
Client account interest is not spare change
The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.
The formula for finance-enabled business development
Client concentration or over-dependence now counts as a top strategic risk for 26% of firms. Cross-selling is an antidote – a way to bolster revenue resilience without relying on client acquisition.
Whistleblowing guidance for in-house lawyers – a call to arms
In-house lawyers are in a unique position to spot wrongdoing. But reporting it is not just potentially dangerous from a personal point of view.
