All articles by James Dean – Page 3
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News
Insurers back Law Society call to scrap ARP
The insurance industry has lent its support to the Law Society’s proposal for an alternative to the assigned risks pool (ARP), as a Solicitors Regulation Authority consultation on reforms to the professional indemnity insurance (PII) market closed this week.
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US courts warned over share actions
The US must not allow its courts to accept ‘f-cubed’ cases, where foreign investors can sue foreign companies after they lose money on shares bought on foreign stock exchanges, City lawyers have warned. In a joint response to a US Securities and Exchange Commission (SEC) consultation, ...
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News
Maximum ABS penalties raised to £250m
Alternative business structures (ABS) that step out of line could face a maximum fine £100m higher than previously expected, after the Legal Services Board decided to increase the maximum penalty for errant ABS to £250m. Responding to a consultation on the issue, the LSB said it ...
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News
Olympic pro bono service launches
Solicitors and barristers are being asked to provide free legal advice to participants in The London 2012 Olympic Games, as a new pro bono service was unveiled today. The Law Society, the ...
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News
Hogan Lovells reports profits boost
City firm Hogan Lovells has reported a 10% boost to partner profits in its first set of full-year financial results. The firm, formed by the merger of US firm Hogan & Hartson and City firm Lovells last year, reported average profits per equity partner (PEP) of ...
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Kenneth Clarke: Bribery Act guidance is clear
The justice secretary has moved to reassure ‘honest’ businesses that they will not need to spend ‘millions’ on new systems to comply with the Bribery Act, whatever they may have been told by advisers. Ken Clarke told parliament that lawyers and consultants ‘will, of course, ...
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News
First law firms accredited under Conveyancing Quality Scheme
The first law firms to be awarded the Law Society’s new quality mark for conveyancing practices were announced last week, with 385 firms having applied for the scheme so far. Colchester firm Martin Elliott & Co, Kent firm Boys & Maughan, Hull firm Hamers and London ...
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News
Djanogly defends impact of legal aid cuts on voluntary sector
The government is ignoring its own research on peoples’ need for free legal advice as it plans to cut legal aid, the House of Commons heard last week. Anas Sarwar, Labour MP for Glasgow Central, said that the government’s planned funding cuts, which will impact law ...
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News
Clifford Chance merges with Australian firms
Clifford Chance has merged with two boutique Australian firms, marking the second foray by a major English firm into the country this year. The magic circle firm will merge with Sydney firm Chang, Pistilli & Simmons, and with Perth firm Cochrane Lishman Carson Luscombe. The combined ...
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News
Government cannot afford to ignore £1.3bn in uncollected fines
Amid the last fortnight’s coverage of the government’s planned legal aid cuts, one potential alternative area of savings didn’t get any column inches: the millions of pounds that remain uncollected by the courts system every year. Some £1.33bn currently floats in this pool of outstanding ...
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News
Injured parties deserve full compensation, says Law Society
Individuals should be compensated in full for the wrongdoing or negligence of others, the Law Society said this week as it submitted its response to the government’s consultation on civil litigation costs. The Society said that conditional fee agreements (CFAs) have provided ‘important access to justice ...
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News
European Commission targets collective redress system
The European Commission has relaunched its bid to introduce a coherent system for collective redress in Europe. Publishing a consultation on 4 February, the EC said it wanted to identify common legal principles on collective actions among European states. However, it ‘firmly opposes’ introducing US-style class ...
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News
Defendant delays driving up claims costs
Delays by defendants are driving up the costs of personal injury and clinical negligence claims, an academic report has suggested. The study, carried out by the University of Lincoln and commissioned by claims referrer National Accident Helpline (NAH), suggested that the average daily cost of defendant ...
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News
Lawyer wins £10,000 damages from Solicitors from Hell owner
A judge has condemned the owner of the Solicitors from Hell website for his conduct when committing a serious libel against a young solicitor. Mr Justice Lloyd Jones said that comments on Rick Kordowski’s website, solicitorsfromhell.co.uk, which criticised Juliet Farrall’s professional capability, were baseless, abusive, malicious, ...
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News
Butler-Sloss issues warning over legal aid cuts
The government’s planned legal aid cuts will have a ‘serious adverse long-term effect’ on the justice system, a former president of the family division of the High Court has warned. In a speech to the Society of Conservative Lawyers, Baroness Butler-Sloss said that the plans would ...
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News
Stoke personal injury firm launches iPhone app
Stoke-on-Trent personal injury firm Attwood has launched an iPhone app that allows users to upload images of their injuries prior to launching a claim. Launching the app today, which allows users to value and make a claim, the firm said that uploaded information can be downloaded ...
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News
Law academics slam Jackson’s civil justice proposals
An independent panel of law academics has branded Lord Justice Jackson’s proposals to reform civil litigation costs as ‘misleading and ‘inconsistent with a fundamental principle of civil justice’, as it published a report today. The 11-strong panel, chaired by Bristol University tort law professor Ken Oliphant, ...
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News
QualitySolicitors in settlement over copyright infringements with BPO
Law firm network QualitySolicitors has paid money out of court to settle a copyright infringement dispute with professional services consultancy Best Practice Online (BPO). BPO alleged QualitySolicitors infringed its copyright in relation to more than 100 articles published on the QualitySolicitors website in 2009 and early ...
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Legal services generate £23bn for UK economy
The UK’s top 100 law firms cut their running costs by £500m to help tip themselves into profit last year, research by trade body TheCityUK has found. Profits of the largest 100 UK law firms increased by 1% in 2009/10 to £4.07bn, despite a 4% fall ...
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News
How Lotto rapist publicity has helped claimants seeking compensation
The publicity generated by the Lotto rapist case, a newspaper favourite for many years, seems to be helping those who suffered serious crimes against their person. This week, national firm Thompsons said that this publicity, as well as the precedent it set, has helped a group of men win compensation ...