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LSB rejects plan to cut indemnity cover limit

The Legal Services Board (LSB) has rejected plans by the Solicitors Regulation Authority (SRA) to cut the indemnity cover limit for law firms from £2m to £500,000.

November 27th, 2014 | No Comments »

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.

August 27th, 2014 | No Comments »

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.

August 26th, 2014 | No Comments »

SRA abandons indemnity cover cut this year after LSB warning

The Legal Services Board (LSB) has extended the time it has given itself to decide on the proposed cut in the minimum indemnity cover limit for law firms from 10 October this year to 17 August 2015.

August 19th, 2014 | No Comments »

Law Society recruits new chief executive from NHSLA

The Law Society has chosen Catherine Dixon to replace Des Hudson as chief executive. Mr Hudson will retire at the end of this month.

August 14th, 2014 | 1 Comment »