All articles by Gazette reporter – Page 34
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News
Repossession claims fall in wake of new protocol
The number of new mortgage repossession claims issued in the courts is down by 50% since the credit crunch-inspired introduction of a civil procedure affecting lenders and borrowers. The mortgage pre-action protocol (MPAP), approved by the Master of the Rolls, was introduced for possession claims in ...
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News
Thinktank calls for overhaul of City firm regulation
A legal policy thinktank has today (23 February) called for an urgent shake-up of the regulation of City law firms. Trying to regulate the high-street practitioner and global firms under one regime produces ‘unhappy compromises’, argues the College of Law’s Legal Services Policy Institute. The institute ...
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News
Three solicitors appointed Queen’s Counsel
Three out of four solicitor applicants for Queen’s Counsel (QC) were successful in the latest appointment round, it was announced today (19 February). And women continue to outperform men overall, with 55% of all female applicants successful in 2008/09 compared to 40% of men. ...
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News
Taxing problem for solicitors
Paying tax has been identified as the number one concern of solicitors hit by the credit crunch. Late incoming payments from third parties are making the problem worse, according to an online survey by the Law Society. Most firms said private clients were not paying their bills on time, which ...
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News
Cashflow outlook worsening, new LMS quarterly survey shows
Cashflow problems are worsening for law firms, according to results from the Law Society’s Law Management Section (LMS) financial benchmarking quarterly. The survey, the first results of which are to be published tomorrow, found that 40% of firms were experiencing more cashflow pressures than in the previous quarter. Firms' responses ...