- 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
Following approval from the Legal Services Board in May 2022, CILEx Regulation has launched an alternative route for chartered legal executives to obtain independent practice rights.
In May, news broke that a non-fungible token was the subject of a successful injunction made by the Singapore High Court. The NFT in question is part of the very valuable Bored Ape Yacht Club series.
There are many good claims brought for damages that are likely to be significantly less than twice the cost of bringing the claim. These cases present a real challenge for insurers.
LexisNexis Enterprise Solutions and Coadjute unite to facilitate property market digital transformation