Practice Management
Consumer panel calls into question barristers’ £500,000 indemnity limit
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”
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
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
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
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
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
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
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
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
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
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
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
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
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
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.












