Practice Management
BSB follows SRA in backing £500,000 indemnity limit for firms
The Bar Standards Board has followed the Solicitors Regulation Authority and proposed that the advocacy and litigation firms it hopes to regulate later this year should have indemnity cover of at least £500,000.
Slater & Gordon brings Captain Cook on board as it also launches employee share scheme
The announcement yesterday that Alastair Cook has become a brand ambassador for Slater & Gordon failed to spark a turnaround in the embattled England cricket captain’s fortunes, as he was out for just five in the first Test against India.
High Court rules that identity of client is covered by privilege
The High Court has rejected a bid to force a law firm to disclose the identity of a former client who revealed confidential information in an anonymous blog.
ABI joins critics of lower indemnity insurance limit
The Association of British Insurers has joined the chorus of criticism of the Solicitors Regulation Authority’s decision to cut the minimum level of professional indemnity insurance to £500,000. SRA consultees were opposed by nearly 3:1, it has also emerged.
Law Society signs joint venture deal to create conveyancing portal
The Law Society has teamed up with software company Mastek UK Limited to deliver its conveyancing portal, which aims to speed up the home-buying process. The pair have set up a joint venture company called Legal Practice Technologies Ltd.
SRA goes ahead with £500,000 PII limit but postpones other reforms
The Solicitors Regulation Authority has decided to go ahead with cutting the minimum compulsory cover for indemnity insurance from £2m to £500,000, despite strong opposition from the Law Society.
Smaller law firms “face battle to keep junior partners” as HMRC deadline looms
Smaller law firms are struggling to retain their junior partners in advance of tough new capital requirements set out by HM Revenue & Customs in its crackdown on fixed-share partners avoiding PAYE tax, an executive search firm has claimed.
Revealed: Law Society’s plans for £400,000 advertising campaign – and staff “story telling tool”
The Law Society is to spend £400,000 on its annual advertising campaign, which will this year be focused mainly on a range of private client services from solicitors, Legal Futures can reveal.
Law Society targets anti-solicitor websites as it turns up heat over Wonga's fake firms
The Law Society is planning to use the European Court of Justice’s ruling on the right to be forgotten online to challenge anti-solicitor websites. The news comes as the society said it was to write to the FCA, SRA and police over Wonga’s use of bogus law firms.
Project pits women’s success stories against “negative narrative of diversity debate”
A five-year project to celebrate the achievements of women lawyers has been launched, culminating at the centenary of the Act of Parliament which abolished the bar on their entry into the profession.












