Rising PII premium helped put paid to Liverpool claims firm
A number of adverse costs awards against Liverpool law firm High Street Solicitors pushed its insurance premiums up and contributed to its collapse, administrators have revealed.
Firm wins £2.5m claim after client assigns loan to pay outstanding fees
A London law firm that took an assignment of nearly £2.5m owed to a client to pay its fees has been granted summary judgment by the High Court.
CA overturns ruling that £2.7bn class action should proceed as opt-in
The Court of Appeal last week overturned a decision that £2.7bn collective proceedings over a foreign exchange spot-trading cartel should be on an opt-in, rather than opt-out, basis.
‘Corporate’ chambers sets up ABS after significant growth
A chambers set up as a company to shake up the Bar has now obtained an alternative business structure nilicence after three years of strong growth.
RBG shares hit all-time low after it writes off contingent work
RBG Holdings – the AIM-listed business that owns the law firms Rosenblatt and Memery Crystal – saw its shares dive to an all-time low yesterday after writing off all of its contingent work.
Solicitor set for SRA probe after High Court overturns anonymity order
The High Court has removed a nine-year anonymity order in favour of a solicitor, meaning that the Solicitors Regulation Authority can now investigate his misconduct in later costs proceedings.
PI almost a CMC-free zone as overall number continues to fall
The number of claims management companies has fallen by 83% from its high point of 3,213 in March 2011 to just 546 now, new figures have revealed.
Chalk urges SRA to take action over immigration solicitors
The Lord Chancellor has urged the Solicitors Regulation Authority (SRA) to take more action over abuse of the immigration system by solicitors.
Acquisitive PI firm buys two of best-known practices in the country
Two of the best-known names in the personal injury market are set to disappear after they were acquired by Manchester firm Express Solicitors.
MoJ rules out any exemptions to small claims mediation plan
The Ministry of Justice has ruled out any exemptions to the requirement for compulsory mediation that it is set to introduce for small claims.
