City firm to license out matter risk management system that saves it £600k a year in PII premiums
A City law firm is to license out to other practices a matter risk management system that has helped eliminate claims against the firm in recent times and saved around £600,000 a year in professional indemnity insurance premiums.
QualitySolicitors set to kick off £15m ad campaign ahead of May TV blitz
QualitySolicitors will this month launch the largest advertising campaign in the history of the legal profession ahead of a blitz that will see 8,000 adverts hit TV screens throughout May. The first of the new-look ads will be shown on Sunday 25 March, during the final of Dancing on Ice.
News round-up: HighStreetLawyer.com expands, firm recruits COLP, will-writer training boost, and much more
Our regular round-up of bits of news you may have missed include new locations for the HighStreetLawyer.com network, a firm recruiting its COLP, firms launching joint ventures and targeted services, professional training for will-writers, money laundering warning, and more.
Women told to act collectively to advance their interests in law firms
Now is the time for collective action by women lawyers who want to improve their lot in the legal world, the Law Society vice-president said yesterday. Lucy Scott Moncrieff said women lawyers also need to get noticed individually, but in a good way.
Quindell targets huge growth with more law firm acquisitions along the way
Silverbeck Rymer may not be the last law firm acquired by Quindell Portfolio as it targets rapid growth to achieve a 15-20% share of the personal injury market over the next year, the AIM-listed company’s chief executive has told Legal Futures.
10,000 solicitors miss PC renewal deadline as SRA begins "comprehensive review" of process
Practising certificates (PCs) continue to dominate news from the Solicitors Regulation Authority (SRA), with around 10,000 solicitors failing to meet last Friday’s deadline for renewal. The SRA has also begun a review of this year’s chaotic PC renewal exercise.
Admiral Insurance mulling ABS option, chief executive confirms
Admiral Insurance is “considering its options” over becoming an alternative business structure, chief executive Henry Engelhardt confirmed yesterday. He indicated that the company is waiting to see the final shape of the ban on referral fees.
UK legal outsourcing business "with a heart" goes on massive City lawyer recruitment drive
An innovative legal outsourcing business that uses former City solicitors to provide law firms and in-house departments with temporary support is set for a massive expansion, aiming to grow from 60 to 500 by the end of the year.
Focus on what women lawyers do – not the hours they work – to avoid "female brain drain", says survey
Flexible working combined with performance metrics that are not linked to hours in the office are needed to prevent a “female brain drain” from the legal profession, it was claimed today. A survey of 1,144 women lawyers around the world even found some support for quotas as a way to achieve gender diversity.
Defendant insurance firm eyes private equity
Leading defendant insurance law firm Keoghs has confirmed that it is exploring opportunities to raise external funding. Reports in the north-west suggest that private equity firm Bowmark Capital is in exclusive talks to take a stake in the business.
