News

Consolidator and investor target IPs handling distressed law firms

An acquisitive North-West law firm and a private equity investor have joined forces to offer a service for insolvency practitioners looking to sell distressed consumer practices.

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Cost of practising set to remain static for solicitors

The cost of practising for solicitors is set to stay the same even though the Law Society is unable to say at the moment what its budget will be for the next financial year.

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Complaints about law officers send BSB caseload rocketing

Complaints about the law officers not standing up to the government over potentially breaking international law contributed to a huge increase in reports made to the Bar Standards Board.

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LSB diversity report finds multiple failings by regulators

Measures taken by frontline legal regulators to improve diversity and inclusion are insufficient and based on inadequate evidence, according to a report published today.

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Law firm to recoup money paid out of client account without consent

A businessman who refused to repay a £626,000 loan made by a law firm partner from a client’s funds without their consent has been ordered to make good the money.

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Solicitor who misused vulnerable clients’ compensation struck off

A solicitor used “vulnerable” clients’ money for his own purposes, as well as holding onto cash for disbursements and leaving client damages in his office account, has been struck off.

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SRA cyber-losses clause “could force firms to close”

Plans by the Solicitors Regulation Authority to add a new cyber-losses clause to indemnity insurance policies could force some law firms to close, the Law Society has warned.

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Lord Chief Justice attacks “idiotic” loss of talented court staff

The Lord Chief Justice has described as “idiotic” the way HM Courts & Tribunals Service trains good staff, only to lose them to government departments which pay more.

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comparison

Consumers willing to use lawyer anywhere in country, research finds

The proportion of consumers going on review websites to help find their lawyer has hit double figures, while a majority would use a firm anywhere in the country, research has found.

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Barrister can be sued for second advice on same case, CA rules

A barrister who cannot be sued for initial advice to a housing client for limitation reasons can be sued for a later, overlapping piece of advice on the same case, the Court of Appeal has ruled.

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