Liverpool firm targets investor group action against Quindell
Liverpool law firm Camps is trying to pull together a group action over losses suffered by investors in alternative business structure Quindell plc following the dramatic collapse in the AIM-listed company’s share price, it announced today.
LCJ: why is the cost of legal services increasing, despite more competition?
“Steps must be taken” to find out why the cost of legal services is increasing, despite the changed market and “great number of providers”, the Lord Chief Justice, Lord Thomas, has said.
SRA warns of increased money laundering risk as National Crime Agency takes hard line
There is an increasing risk of law firms failing to have adequate systems and controls to prevent, detect and report money laundering and terrorist financing, the Solicitors Regulation Authority has warned.
Solicitors From Hell founder wins surprise High Court victory
He has been sued 18 times in relation to the website he founded, and lost each time, but now Rick Kordowski, the man behind SolicitorsFromHell.co.uk, has recorded an unexpected High Court win.
Do clients actually need face-to-face advice? Legal aid research suggests they often don’t
Users of the civil legal aid telephone gateway who sought face-to-face advice “often did so out of preference as opposed to need”, a review has suggested.
BSB turns to CILEx to train non-legal staff
The Bar Standards Board has turned to the Chartered Institute of Legal Executives to provide training to members of staff without legal qualifications. Meanwhile, ILEX Professional Standards – CILEx’s regulatory arm – is on the hunt for a new chief executive.
Exclusive: Assure Law buys HighStreetLawyer in bid to build 200-firm network
Business consultancy Assure Law has acquired a majority stake in HighStreetLawyer.com, the network of small firms, and plans to expand it substantially.
‘Named and shamed’ barrister hits back at “misleading” ombudsman
The first lawyer to be ‘named and shamed’ by the Legal Ombudsman (LeO) for a series of complaints has argued that he is only “trying to adapt to new market forces”.
SRA rejects Law Society bid to extend indemnity run-off period by three years
The Solicitors Regulation Authority (SRA) has rejected a proposal by the Law Society to extend the additional indemnity run-off cover provided by the Solicitors Indemnity Fund (SIF) for a further three years until 2023.
LSB aims to present new government with “range of options” on future of regulation
Sir Michael Pitt, chairman of the Legal Services Board, said yesterday that he wanted to present the new government after next year’s general election with an agreed “range of options” for the future of regulation.
