- Thursday, 5 February 2015
Hugh James, the biggest firm in Wales, is extending its law firm network into the north of the country, it has emerged. It already has 120 firms signed up to Legal Network Wales.
Tags: connect2law, fee sharing, Hugh James, Indemnity insurance
Posted in Latest news, Market monitor
- Monday, 12 November 2012
Joint ventures between solicitors and insurance companies as alternative business structures which enables insurers to take in income what they would have received in referral fees will not be caught by the upcoming ban, the Solicitors Regulation Authority confirmed last week.
Tags: ABS, Alternative business structures, fee sharing, referral fees
Posted in Alternative business structures, Latest news, Solicitors
- Wednesday, 1 August 2012
Comparisons between the 2012 Olympics and the compliance officer for legal practice (COLP) nomination process are more obvious than you might think: both were years in the preparation, shrouded in mystery, beset by operational PR disasters and, ultimately, over in a flash. This month’s blog brings you live coverage of the five-month dash: that’s how long your COLP has to get the firm’s house in order before they become responsible for compliance. Like bog-snorkelling and extreme ironing, the five-month dash is a niche sport, unlikely to grace the Olympics, but pundits are predicting there’ll be a least 11,000 participants by the end of the year.
Tags: authorisation rules, client account interest, Client care, COLP, compliance, compliance officer for legal practice, conflicts of interest, equality and diversity, fee sharing, outsourcing, reserved legal activities, Solicitors Code of Conduct, Solicitors Regulation Authority
Posted in Blog
As the A-level results scandal in 2020 proved, scrutinising the ever-increasing use of algorithms and big data by government is essential in ensuring they operate fairly, lawfully and without bias.
The way in which partnership profits are assessed is set to change with the introduction of Making Tax Digital, and the intention is that the basis period will change.
Every solicitor knows that an undertaking is serious stuff. Arguably it is the greatest power available to a solicitor – a promise, if broken, that will lead to immediate and serious consequences for the giver.