News

Water companies win first stage of search providers’ overcharging claim

Water companies have the upper hand after the first stage of a High Court claim brought by conveyancing search providers claiming to have been overcharged for a decade.

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SRA “has not justified” huge compensation fund levy rises

The Solicitors Regulation Authority has not done enough to justify the huge increases in compensation fund contributions for the coming year, the Law Society has argued.

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SRA: Law firms continuing to hold client money “not inevitable”

The Solicitors Regulation Authority has dropped its biggest hint so far that it could initially restrict and ultimately end solicitors holding client money.

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Lawtech firm launches “world-first” insurance guarantee for GenAI

A lawtech company that offers generative AI-driven title checking for property transactions has launched a groundbreaking insurance-backed accuracy guarantee for its product.

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Regulators’ efforts to improve standards in coroners’ courts stalling

A cross-regulator effort to improve the standard of practice in coroners’ courts has had limited effect, the first evaluation of the initiative has found.

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Shares in PI group fall sharply after profit warning

Shares in NAHL – the AIM-listed personal injury group – fell by 15% yesterday after it warned that revenue and profit this year would be “significantly lower than previously expected”.

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Firms face new rule to publish price information for all services

Law firms regulated by CILEx Regulation could become the first – but not the last – required to publish price and service information for all the legal services they provide.

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High Court allows McKenzie Friend to exercise rights of audience

A High Court judge has allowed a McKenzie Friend to exercise rights of audience in supporting a defendant facing an order that could lead to a jail sentence for contempt being activated.

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£10k fine for solicitor who amended transfer without client consent

A solicitor who amended and lodged a property transfer without her client’s knowledge or consent has been fined £10,000 by the Solicitors Regulation Authority.

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Third-party funder paid €26m for backing disputed arbitration award

A third-party funder has been paid €26m (£22m) after its client monetised a disputed arbitration award that it backed. The Republic of Italy, the defendant, is currently trying to annul the decision

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