All articles by John Hyde – Page 288
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City giant wary of fee pressure despite profit surge
Simmons & Simmons reflects on a successful year in 2013/14.
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SRA director questions holding of client money
Executive director Crispin Passmore says risk of financial instability and firms collapsing is still a concern.
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Firm sees off £1.9m negligence claim
Selling party claimed terms of contract meant it lost money in delayed transaction.
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Insurer to bear costs of mirror wills mix-up
Supreme Court finds it would be unfair to settle parties’ costs from the estate as claimant would suffer a loss.
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Accounts reporting abolition reined in after rethink
SRA decides to require reports only if they have been qualified by the auditor.
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SRA ready to drop separate business rule
Regulator will next month propose reforms to the separate business rule which could include removing it altogether.
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Insurance chief urges ‘whiplash’ treatment for deafness
Organised criminal gangs are moving onto new types of injury claims, head of Insurance Fraud Bureau says.
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Global firm hires 22 partners to expand London presence
Akin Gump announces hiring of 22 partners from the London, Hong Kong and Frankfurt offices of US-based Bingham McCutchen.
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Minster Law axes 17 in management shake-up
In a statement, the firm said the change will ‘improve the speed of decision-making’.
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Roll ‘burden’ to be lifted from 30,000
Regulator’s board is likely to approve proposals to remove the annual requirement on solicitors who do not have practising certificates.
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SRA looks to fill £10,000-a-year board roles
Regulator advertises for seven new members of its decision-making team.
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Lender confidence on the rise
The perceived stability of the legal sector has suffered, with the downturn followed by a series of high-profile failures.
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SRA silent over ‘fake’ bank law firm probe
Regulator tight-lippped on letter-writing scandal despite stern warning in July.
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Deloitte decides against legal ABS move
PwC Legal’s parent accountancy firm was granted an ABS licence in January.
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Warning over manorial rights abolition
Bond Dickinson said any plan to scrap the rights would make it ‘highly likely’ that legal challenges would be mounted.
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Legal privilege safeguard for lobbyist register
Cabinet Office sets out proposals to ‘guarantee the long-standing confidentiality of such protected material’.
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Industrial deafness not ‘easy money’
The Association of British Insurers accuses PI firms of ‘cashing in’ on claims for industrial deafness.
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Former partners fined for ‘orderly wind-down’ failings
A J Bond & Co closed on 29 December but continued to hold client files and monies after that date.
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Labour promises tribunal fee reform
Shadow business secretary says Labour will create a ‘more streamlined and less bureaucratic’ procedure.