All articles by James Dean – Page 6
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FSA raises protection for client accounts
Client money held in solicitors’ bank accounts has been given greater protection in the event of a bank collapse, after the Financial Services Authority unveiled rule changes today. Implementing a European Commission directive, the City regulator upped the cap on the compensation available for deposits that ...
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Law Society sets up lobbying working party
The Law Society has set up a working party to address government plans to force law firms to disclose the identities of their lobbying clients, after the coalition government said it will establish a register of lobbyists in a bill to be introduced next year. ...
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SRA consults on simplifying regulation for sole practitioners
Sole practitioners should no longer be required to have their practising certificate endorsed every year, the Solicitors Regulation Authority has proposed, publishing a consultation on the matter this week. Instead, the SRA has proposed that sole practitioner firms will be indefinitely authorised from 31 March 2012. ...
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FOIL president: cut claimant lawyer fees
Claimant personal injury lawyers’ fees should be cut by extending the new road traffic accident (RTA) claims process, and by allowing insurance companies to undertake ‘third-party capture’, the new president of the Forum of Insurance Lawyers (FOIL) told the Gazette this week.
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City claims EC proposal would 'dilute English law'
A European Commission proposal to consolidate contract law across the EU would hamper international trade by diluting the strength of English law, City lawyers have warned. Responding to a Ministry of Justice call for evidence on a European Commission green paper proposing a new European contract ...
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Judiciary has failed to lure City lawyers, lord chief justice admits
The head of the judiciary has admitted being ‘unsuccessful’ in persuading City lawyers to become judges. Lord Chief Justice Lord Judge told the Lords Constitution Committee yesterday that, if he could persuade City lawyers and their firms that a judicial career is a plausible option, ‘we ...
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£1bn paid out to law firms for handling coal miners’ claims
Some 19 law firms each received more than £10m in fees for handling claims on behalf of former coal miners who contracted lung disease in the course of their work, parliamentary records show. More than 500 firms handled at least one claim for chronic obstructive pulmonary ...
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Firms set to be forced to publish diversity data
Law firms and barristers’ chambers will be forced to publish data about the diversity of their legal staff, under plans unveiled by the Legal Services Board today. Publishing a consultation, Increasing diversity and social mobility in the legal workforce: transparency and evidence, the LSB said that ...
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10% of your earnings to charity?
Three of the five magic circle firms publish corporate social responsibility reports, outlining, among other things, their charitable giving in terms of time and money. According to these reports, and where figures were available, in 2009/10, Linklaters donated £2.5m to charity and Clifford Chance £2.4m. Over ...
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Allen & Overy faces lawsuit over employee sacked for erotic blog
A former Allen & Overy solicitor sacked for writing an erotic blog that allegedly used the names of her co-workers and a client is claiming £3.5m compensation from the firm for unfair dismissal and sex discrimination. Former senior associate Deidre Clark, 44, who wrote under the ...
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Mystery shoppers to test will-writers
Mystery shoppers will test the service provided by will-writers early next year, as part of a Legal Services Board project. Research agency IFF Research has been commissioned by the LSB, the Legal Services Consumer Panel and the Office of Fair Trading to recruit individuals to report ...
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PII reforms a ‘disaster’ for high street
Plans for reform of the professional indemnity insurance rules could ‘hand control of the conveyancing market to lenders and insurers’, solicitors have been warned. Former Law Society president Paul Marsh, an industry specialist, said the proposals are ‘potentially a disaster’ for high street conveyancers.
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Duncan Lewis courts FTSE takeover
Duncan Lewis, the country’s biggest civil legal aid law firm, is preparing to be taken over by a public company once reforms allow, the Gazette can reveal. The London firm is discussing a takeover with a company listed on the FTSE 250 index, and said it ...
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Why are insurers still dissatisfied with PII reform?
It strikes me as odd that the Association of British Insurers (ABI) isn’t happy with the Solicitors Regulation Authority’s professional indemnity insurance (PII) reform proposals. If implemented, insurance companies will be getting many of the concessions they’ve been after for years. The ABI says that the ...
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Conveyancing under spotlight as SRA unveils sweeping PII reforms
The single renewal date for professional indemnity insurance (PII) should be scrapped from 1 October next year, the Solicitors Regulation Authority has recommended in a consultation on client financial protection, published today. The regulator simultaneously announced that it will begin investigating failures in the conveyancing process early next year, and ...
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Insurers seek to pursue solicitors over whiplash fraud claims
The insurance industry is seeking to pursue solicitors whom it believes are involved in fraudulent whiplash claims, the Association of British Insurers (ABI) has said. James Dalton, ABI assistant director of motor and liability, told delegates at the Motor Accident Solicitors Society annual conference last ...
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Green pioneers slash carbon footprints
Almost 40% of law firms in the Legal Sector Alliance (LSA) have cut their carbon footprints in the last year, according to the alliance’s annual report, released today. In 2010, the average amount of carbon generated per LSA member employee varied between 0.48 and 8.94 tonnes, ...
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Shopping for legal advice at QualitySolicitors: a postscript
It is slightly more than two weeks since I visited QualitySolicitors Freeman Harris in the Lewisham Shopping Centre in London. As a result of this trip, the firm has taken on one of my cases: a dispute with the police over a Criminal Injuries Compensation Authority award. That is to ...
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Personal injury ad ban appeal
The government should not rush to amend personal injury advertising rules, the chair of the Advertising Standards Authority (ASA) said last week. In the first parliamentary debate on Lord Young’s ‘compensation culture’ report, which took place in the House of Lords last week, Lord Smith of ...
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MoJ calls for data on RTA portal abuses
Solicitors and insurers must hand over data that exposes abuses of the road traffic accident claims portal to the Ministry of Justice, a key official said last week. Kevin Westall, head of civil justice policy, procedure and customer intelligence at the MoJ, told the Motor Accident ...