SRA squandered “incredible potential” of ABSs, says Burford boss
The boss of the world’s largest litigation funder has accused the Solicitors Regulation Authority of squandering the opportunities offered by alternative business structures.
Solicitors accused of “mistrust and indifference” to lawtech
Solicitors have been described as displaying “mistrust and indifference” to new technology, with a lack of support from managers a major barrier, in a major study of attitudes to lawtech.
Law Commission wants digital assets to be “third category of thing”
The Law Commission has called for new legislation to create a “third category of thing”, which is neither “a thing in action nor a thing in possession” but could include certain digital assets.
Different rules on draft judgment embargoes “totally unacceptable”
The “inexplicable differences” in the embargo rules for draft rulings in the King’s Bench Division, Family Division and Crown Court are “completely unacceptable”, a High Court judge has said.
Law firms “must publish” fees for family and employment work
Law firms should have to publish their fees for family and employment work beyond unfair dismissal claims, Legal Services Consumer Panel has told the SRA.
Impact of solicitor’s misconduct on PII led to firm shutting down
A solicitor who lied to various clients about the progress of their matters caused so many claims against his firm that it had to close because of rising indemnity insurance premiums.
SRA rule change “does not stop law firms invoicing in advance”
Amendments to the Standards & Regulations will not stop law firms invoicing clients in advance and transferring the money into their office accounts, the SRA has said.
Fixed costs mean PI lawyers “need to embrace new mindset”
Personal injury lawyers need to be able to switch between “adversarial and dispute resolution mindsets” to equip themselves for the future, the chair of a mediation service has argued.
Estate agents back higher conveyancing fees for quicker sales
Estate agents would “absolutely, categorically” accept conveyancers increasing their fees if it meant speeding up the process, an industry leader said last week.
Solicitors sanctioned for putting wives’ interests ahead of client’s
Two solicitors who paid their wives to clean a vault under the terms of a trust they oversaw preferred their interests over those of the trust and its beneficiary, the SDT has found.
