News

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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SRA fails in appeal over solicitor cleared of AML breaches

The High Court has upheld a ruling by the SDT that a solicitor’s errors in conducting due diligence for anti-money laundering purposes did not amount to professional misconduct.

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Scottish solicitors to vote on ditching support for ABSs

Solicitors in Scotland will tomorrow vote on whether to oppose government plans to push ahead with alternative business structures.

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Conveyancer backdated deed he had forgotten to draft

A vastly experienced conveyancer who backdated a deed of easement he had forgotten to prepare as part of a transaction has been barred from working in the profession.

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