Practice Management


Consumer panel calls into question barristers’ £500,000 indemnity limit

17 September 2014

The Legal Services Consumer Panel has called into question the existing minimum indemnity cover limit of £500,000 for barristers and called for more research before the limit was extended to firms regulated by the Bar Standards Board.


QS firm wins appeal over Polish paralegal “harassment”

16 September 2014

A Walsall law firm has successfully appealed an employment tribunal ruling that a paralegal had been unlawfully harassed because she was Polish.


Large firms finding they can’t “go it alone” in PI marketing

15 September 2014

Leading marketing collective First4Lawyers said today that it has seen a clutch of larger personal injury (PI) firms return to its panel in recognition of the need for scale to compete effectively in the market.


Fine for paralegal who moved firms and took sensitive data with him

11 September 2014

A paralegal who took sensitive information from his employer when moving to a rival law firm was convicted of a criminal offence under the Data Protection Act this week.


First sanction for firm that failed to close after extended indemnity period

11 September 2014

The Solicitors Regulation Authority (SRA) has published its first decision fining a law firm for not closing down properly after failure to secure indemnity cover by the end of the extended policy period (EPP).


SRA stands firm on indemnity cover cut

9 September 2014

The Solicitors Regulation Authority (SRA) has hit back at criticism from the Legal Services Board (LSB) over its plans to cut the minimum compulsory cover for law firms from £2m to £500,000.


Bar Mutual complaints referred to financial ombudsman

4 September 2014

Two barristers caught up in high-profile disciplinary actions have referred complaints about lack of funding from the Bar Mutual indemnity fund to the Financial Ombudsman Service (FOS), it has emerged.


Law Society advertising campaign highlights “regulated and insured” professionals

1 September 2014

The Law Society’s latest advertising campaign, launched today, highlights the role of solicitors as regulated professionals, under the slogan ‘Use a Professional. Use a Solicitor.’


LSB: more needs to be done to break hold of the ‘elite’ on legal profession

1 September 2014

There needs to be “significantly more progress” to break the hold of Britain’s elite on the legal profession, the Legal Services Board has claimed. It followed a report published last week that found fewer senior judges went to comprehensive schools than any other group of top professionals.


Signs of recovery as conveyancing firm sets up academy and Law Society predicts strong growth

29 August 2014

Yorkshire’s largest conveyancing firm has set up a £150,000 training academy after its workload trebled in the past two years. It comes as the Law Society has predicted increased turnover growth in the legal sector this year and next, in part because of the recovering property market.


Web forum drives QS firm’s consumer credit growth

28 August 2014

The LegalBeagles web forum, set up by a Brighton litigation executive, is providing the town’s oldest law firm with a stream of consumer credit work and what is understood be the first bank charges court victory since 2007.


Compensation fund faces £2.5m bill for uninsured law firms

27 August 2014

The Solicitors Regulation Authority expects its compensation fund to have to pay out up to £2.5m in the next practising year to cover the cost of negligence claims against uninsured law firms, it has emerged.


Hub.Legal aims to lead way in support for small firms

26 August 2014

The solicitor in charge of a network of 136 West Midlands firms has said it aims to lead the way in support for small law firms, while remaining outside any national group. Hub.Legal is operated by FBC Manby Bowdler, formerly a hub in Pannone’s Connect2Law network.


LSB praised for scuppering indemnity cover cut

22 August 2014

The Legal Services Board has been praised for extending the time limit for its decision on whether to approve plans to cut the minimum indemnity limit for law firms, which meant the Solicitors Regulation Authority was unable to implement it this year.


Big increase in demand for non-traditional legal services, City report predicts

20 August 2014

Global demand for non-traditional legal services, such as contract lawyers and document-review services, will rise sharply over the next five years, research for Allen & Overy has found.

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Blog


Deenah Parmar

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