News

Conveyancing firms “must apply” for PII two months before deadline

Firms of licensed conveyancers will have to apply for professional indemnity insurance two months ahead of the renewal deadline and in return will receive a response within four weeks.

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Large number of firms eyeing private equity, survey says

Many law firms are actively considering taking private equity investment in order to expand, with those outside London especially keen, according to new research.

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Court rejects summary judgment bid in £6m solicitor fraud case

The High Court has thrown out as an abuse of process an application for summary judgment brought by victims of a solicitor’s fraud suing his firm’s insurer for £6m.

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Majority of new Solicitors’ Charity cases involve minority solicitors

The Solicitors’ Charity has said that, for the first time ever, most of its new cases involve ethnic minority solicitors. It gave £1m in total to solicitors in need last year.

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Mayson: Legal regulation failing to prevent consumer harm

Legal regulation is not protecting consumers from harm – both in their inability to access services and when things go wrong – meaning structural reform is more urgent than ever.

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Law firm’s net-zero office generates electricity from lifts

National law firm TLT is moving next month to what could be the most environmentally friendly solicitors’ office in the UK, with ‘air-purifying’ paint and lifts which generate electricity when braking.

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Gateley steps up diversification push with £20m acquisition

Pioneering listed law firm Gateley has stepped up its diversification push with its largest acquisition to date, the £20m purchase of chartered surveyors Smithers Purslow.

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Personal injury ABS bosses fined for undeclared ATE commissions

Two managers of a collapsed personal injury law firm have each been fined £18,000 for failing to declare commissions earned by a connected business which provided clients with ATE insurance.

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PwC

Big Four making ever deeper in-roads with corporate clients

UK corporate clients are increasingly turning to the Big Four accounting firms for legal services as alternative legal services providers take a bigger share of the market, new research has found.

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Judge could hand down judgment despite settlement

A deputy master could hand down her judgment on a case that had been heard but settled the day before she was due to circulate a draft striking out the claims, the High Court has ruled.

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