Practice Management

A start-up is aiming to change the way large firms buy legal services by offering them a software tool to calculate and manage their costs. ClearCosts enables general counsel and other major buyers of legal services to calculate “a proportionate fee for each stage of a dispute” and measure their lawyers’ performance.

The Solicitors Regulation Authority has today unveiled its second attempt to reduce the compulsory level of professional indemnity insurance to £500,000 – although conveyancers would have to secure £1m in cover. It also wants to turn the Compensation Fund explicitly into a ‘hardship’ fund and ban relatively wealthy people from claiming on it.

A threat to make a former partner of a corrupt solicitor who was part of a £30m mortgage fraud pay £205,000 in damages has been lifted when the High Court struck out a claim by one of the mortgage companies.

The proportion of applications to the Court of Appeal for permission to appeal by litigants in person has gone up by 50% in the last 10 years, the Master of the Rolls has said. He said the judiciary was considering “the facilitation of settlement” of claims in the Online Court.

The Legal Services Board has come under unprecedented pressure to reject plans by the Solicitors Regulation Authority to introduce a centralised Solicitors Qualifying Examination. City lawyers, law lecturers and Welsh speakers have called on the LSB not to approve the application, while MPs asked for the decision to be postponed for six months.

A fifth of those buying leaseholds do not recall their solicitors giving them key information such as the length of the lease remaining, service charges and ground rent, according to research commissioned by the Solicitors Regulation Authority. But overall, conveyancing clients were generally happy with the service they received.

More than half of young legal aid lawyers are earning less than £25,000 a year, yet more than a quarter start their careers carrying more than £35,000 debt as a result of their education, according to a survey of lawyers in the sector. It found low salaries were a “significant barrier”, although the sector still held an attraction for idealistic recruits.

The Employment Appeal Tribunal has upheld the award of damages to a barrister whose application to continuing sitting as a part-time recorder beyond the statutory retirement age of 70 was refused, while a circuit judge’s was not. The original tribunal decided that he had been treated less favourably because he worked part-time.

The government’s insistence on pressing ahead with a ban on cold-calling by claims management companies (CMCs) that many argue does not go far enough will be put to the test today. MPs will consider the changes made during the committee stage of the Financial Guidance and Claims Bill and various further amendments put forward by the Labour opposition.

A law firm with offices in Italy and England has reached the end of the line in challenging a ruling that it was under a duty to warn British and Irish property investors of the risks of investing in a part of Italy associated with organised crime. The Court of Appeal upheld the decision and the Supreme Court has now refused to hear a second appeal.