Practice Management
LSB lays down complaints-handling standard
All lawyers will have to give clients clear information about how to complain, and their regulators will have to monitor that it is done, the Legal Services Board has announced.
Law firms losing out on Internet searches
Just four law firms featured in the top 60 most visible websites returned when people searched legal terms used Google, research has discovered. An analysis of the 1.2 million searches for legal terms in February found Irwin Mitchell the highest-ranking law firm at 12th, followed by Merseyside personal injury firm Camps (21st), home counties firm Brethertons (48th) and Fentons, a PI firm in London and Manchester (53rd).
Tougher line on negligence is worry to law firms, says insurance specialist
The Court of Appeal’s ruling in the Levicom case involving City firm Linklaters last week “will be of concern for City firms and their insurers”, a leading professional indemnity lawyer has warned.
Good reviews
File reviews are generally seen by law firms as something they must implement to ensure they comply but the benefits are so often overlooked, explains Jaunita Gobby of compliance consultancy Legal Eye
Marketing cull limits website changes
Though websites have a number of uses – marketing, PR, client services etc – that often demand regular redevelopment, the pace of change in the legal sector has slowed. Intendance’s Fast Fifty 2010 Update can reveal that only eight law firm websites that featured in last year’s Fast Fifty report have changed.
Claims tide to trigger 10% premium hike for 2010 indemnity renewal, warns broker
A rising tide of claims against solicitors and a huge increase in the number of firms falling into the assigned risks pool means law firms should prepare for a 10% jump in professional indemnity premiums this year, broker Lockton has warned.
Report: LPO industry to triple in size by 2015
The legal process outsourcing (LPO) market is set to triple in size over the next five years, driven almost exclusively by US and UK lawyers, it has been predicted. Research and analytics firm Evalueserve said the need to become more efficient because of the Legal Services Act and specifically alternative business structures “is expected to boost the LPO industry” in the UK.
Susskind backs Camerons’ £600m outsourcing deal
Legal process outsourcing reached a new level today after City firm CMS Cameron McKenna signed a 10-year, £583 million deal with Integreon for its “middle office” services, which it claims is the largest ever deal in the legal market and has received the endorsement of Professor Richard Susskind.
Solicitor banned over boiler room adverts
The Financial Services and Markets Tribunal has upheld a Financial Services Authority (FSA) decision permanently banning a solicitor from working in any capacity in financial services and fining him and the FSA-regulated law firm of which he is senior partner, £400,000.
Don’t charge less, charge more
There have been various articles in the legal press recently stating that conveyancing services can only ever be judged on price. Now, I know that this is certainly not the case. I know many solicitors that still charge an incredibly reasonable fee for their services, yet I also come across many others that are constantly lowering their price simply to secure the instructions.
Great expectations – just don’t exceed them
Paul Gilbert, chief executive of LBC Wise Counsel, argues that lawyers have been sucked into feeling the need to exceed expectations, when all clients want is for them to meet expectations. In fact, exceeding them could be bad for business.
Climbing out of the bunker
Paul Gilbert, chief executive of LBC Wise Counsel, says that firms can help themselves out of the recession by focusing on six key areas of business development
Exclusive: Law Society and LSB on collision course over complaints-handling targets
A row is brewing between the Law Society and Legal Services Board over the wind-down of the Legal Complaints Service, Legal Futures can reveal. Law Society chief executive Des Hudson has told us that the LSB’s insistence that the LCS’s current performance targets stay in place as it heads towards closure, despite dwindling staff, is “unthoughtful and an error of judgement”.
SRA approves ARP reforms despite threat of legal action from minority group
The board of the Solicitors Regulation Authority today pushed ahead with reforms to the assigned risks pool (ARP) despite the threat of a legal challenge from the Black Solicitors Network. March’s “in principle” decision to close the ARP to new firms and halve the length of time firms can spend in it to a year was confirmed after the board considered a full equality impact assessment which concluded that both proposals had a potential adverse impact on race equality.
Two-thirds of firms saw PII premiums rise amid concerns over BME treatment
Nearly two-thirds of law firms saw their professional indemnity insurance (PII) premiums go up last year, Law Society research has found. The survey of 240 law firms also found evidence of “a growing divide in the PII market”, with smaller firms and black and minority ethnic (BME) firms finding renewal tougher than the wider profession.












