News

angry businessman

Hundreds of firms given preview of complaints data to be published by LeO

Hundreds of law firms have been sent details of the complaints information that the Legal Ombudsman is set to publish about them, Legal Futures has learned. However, it is still not clear when it will actually be published, after the July target was missed.

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Mark Brandon

ABSs and City law firms could be a volatile mix to the detriment of all, consultant warns

The advent of huge amounts of “unthinking external capital into the fragile ecosystem of the legal profession” could create many unforeseen and irreversible effects among City law firms, a well-known consultant has warned.

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Pannone LLP Manchester corporate portraits.Pictured Andrew Morton

News in brief: pre-pack saves law firm, Pannone’s white-label arm wins contract, and more

Our latest round-up includes the pre-pack sale of a Devon law firm, new business wins for Pannone and Gateley, the merger of big-hitting law firm consultancies, a new PII offering for small firms, and a bogus e-mail warning from the SRA.

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Tom Curran lo res

Exclusive: leading non-solicitor probate provider becomes ABS

One of the country’s leading non-solicitor probate providers will today be unveiled as the newest alternative business structure. Kings Court Trust has chosen to be regulated by the Council for Licensed Conveyancers.

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injury2

SRA finds support for outcomes-focused approach to referral fee ban

There is broad support for an outcomes-focused approach to implementing the ban on referral fees in personal injury cases, according to early indications from the Solicitors Regulation Authority’s consultation on the issue.

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Legal Futures conference April 2012

CMCs enjoy 33% income rise to £774m but standards plummet in PPI goldrush

Claims management companies saw a 33% increase in turnover to £774m last year, but standards are plummeting as they “fall over each other” to bring payment protection insurance mis-selling claims, their regulator has reported.

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Ten Pounds

Cost dominates thinking of consumers when choosing solicitors, SRA research finds

The economic climate is exacerbating the focus consumers put on cost when choosing solicitors, early findings from Solicitors Regulation Authority research have indicated. However, there were also good signs for high street firms in the pull they have with their local communities.

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Legal Futures Conference 2011..Photo by Jonathan Goldberg

Whatever happened to the ProcureCo – part 2

Ian Dodd of the Bar Consultancy Network responds to our article earlier this week on the apparent disappearance of the ProcureCo concept a little over two years after the Bar Council launched it with great fanfare.

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Michael Carabash

Exclusive: now the Canadians target UK’s online legal services market

An online legal document business from Canada is set to launch in the UK this month, starting with a will which it plans to promote through group buying websites like Groupon, Legal Futures can reveal.

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plots all sold sign

Survey reveals mixed response to Conveyancing Quality Scheme

Just over half of conveyancing firms have applied for accreditation under the Law Society’s Conveyancing Quality Scheme, with those yet to do so unconvinced of the benefits, according to new research.

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