- Wednesday, 14 October 2015
Separate representation for lenders and borrowers in conveyancing transactions “should be the norm”, a senior manager at insurer Zurich has said. Michael Blüthner Speight described the increased cost would be “minimal”.
Tags: conveyancing, Indemnity insurance, separate representation
Posted in Indemnity insurance, Latest news
- Tuesday, 24 September 2013
Scottish conveyancers have voted against the introduction of separate representation for borrowers and lenders – having initially called for it. At an SGM of the Law Society of Scotland yesterday, 847 were against a rule change to the conflict of interest rules while 671 were in favour.
Tags: conveyancing, Scotland, separate representation
Posted in Latest news, Solicitors
- Friday, 20 September 2013
Scotland’s largest law firm conveyancer has entered the separate representation debate, critiquing the move as “politically motivated, opportunistic, regressive” and “anti-competitive”, and a “calamity” for solicitors and consumers.
Tags: conveyancing, separate representation
Posted in Latest news
- Monday, 25 March 2013
A war of words has broken out between the Law Society of Scotland and Council of Mortgage Lenders over the former’s decision to ban joint representation of borrower and lender, subject to formal rule changes later this year.
Tags: Scotland, separate representation
Posted in Client care, Latest news
- Wednesday, 12 September 2012
The Law Society has called on the government to lead a “mediated dialogue” with mortgage lenders to deliver “an amicable long-term solution” to the ongoing arguments over conveyancing panels. It has asked business secretary Vince Cable to intervene.
Tags: conveyancing, Council of, Financial Services Authority, Law Society, licensed conveyancers, mortgage fraud, separate representation
Posted in Latest news
- Thursday, 12 July 2012
Our latest news round-up reports on big turnover and profit increases at Quindell, a High Court ruling on the absolute privilege of correspondence with a regulator, new equality rules for chambers and much more.
Tags: ABS, Alternative business structures, bar standards board, equality and diversity, joint representation, Legal Services Consumer Panel, separate representation, Solicitors Regulation Authority, will-writing
Posted in Latest news, News In Brief
Since abolition of the common renewal date, practices have been free to choose when to renew their professional indemnity insurance. We estimate that around 30-40% now renew between March and April.
Selling a law firm can be a complex process. The time comes when you might want to move on or retire, and finally extract as much value as you can from your practice. It’s a huge decision and a challenging task.