News

fire

Fire in the hole

This week’s Question of Ethics from the Solicitors Regulation Authority looks at what you should do if your document storage facility has been badly damaged by fire.

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approved stamp

First-Tier Tribunal set to hear ABS appeals

The general regulatory chamber of the First-Tier Tribunal is set to hear appeals against decisions made over alternative business structures, it has emerged. The Legal Services Board believes appeals would be better with a single body than multiple bodies.

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Royal Courts of Justice

Appeal court upholds strength of privilege in claim by insurer to see client files

Solicitors’ insurers are not entitled to obtain confidential and privileged documents from the Law Society on files where no claim has been made against their insured, the Court of Appeal has ruled.

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Businessman Holding An Umbrella

PII – why a large number of firms will be seeking a new insurer

When the profession ditched the Solicitors Indemnity Fund (SIF), a compelling reason for the move was that many good firms were paying for the failures of the few. Now, a decade later, solicitors are back in exactly the same position. Only, the ‘few’ could become substantially more over the next few months.

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PWB headshot

Trafalgar comment: Can lawyers be led?

Patricia Wheatley Burt of Trafalgar looks at the demands on managing partners and how to avoid placing law firm leaders too much at the whim of the partnership.

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Nigel Reynolds

In a fix

Accountant Nigel Reynolds explains why law firms need to bring back fixed fees in a bid to secure future success in business.

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Bob_Heslett

Law Society unveils paralegal study

The Law Society has announced plans for a preliminary scoping study into whether the Law Society should develop or endorse qualifications for paralegals.

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cutting costs

LSB sets out plans for levying its £25m running costs for 2010/11 on profession

The Legal Services Board has set out its plans to recoup its running costs, and those of the Office for Legal Complaints, based on a per capita basis and of complaints against each part of the legal profession.

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Costs draftsmen set up regulatory subsidiary

The Association of Law Costs Draftsmen has created a regulatory subsidiary and unveiled plans to streamline its membership as it shapes up as the smallest of the approved regulators.

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law student library

Legal training system failing law students

The government’s decision last week to scrap training grants for would-be legal aid lawyers was as inevitable as it was sad, and was all the more pointed for coming the day after the Association of Graduate Recruiters named law firms as the highest-paying graduate employers.

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Reports


Report Cover
The legal sector is enjoying its strongest period of growth in 15 years, driven by private equity investment, merger and acquisition activity, AI and a wave of new business models The Law Firm Growth Report explores the strategic choices facing… Read More