All articles by John Hyde – Page 330
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News
MoJ sets out rules for post-Jackson civil justice system
The Ministry of Justice today sets out in detail how the Jackson reforms will work when the majority come into force on 1 April. In a statutory instrument laid down in parliament, the department sets out the Civil Procedure (Amendment) Rules that will set out the ...
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News
‘Rolled-up’ hearing for RTA Portal challenges
A legal challenge to halt cuts to personal injury fees will be fast-tracked through the High Court, it was revealed today. The judicial review application by two claimant groups in opposition to new recoverable fixed costs in the RTA Portal has been listed for a ...
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News
Cobbetts’ debt recovery arm finds a buyer
Administrators today confirmed that the final unsold part of defunct law firm Cobbetts has been acquired.
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Majority against IFA referral move
A decision to lift restrictions on referrals to independent financial advisers was made despite the majority of consultation respondents opposing the move, the Gazette has learned. The Solicitors Regulation Authority decided last November to allow solicitors to refer clients to any financial adviser regardless of ...
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News
Keystone offers £1 top-up insurance cover
Top-up legal expenses insurance cover with premiums that can be recovered after 1 April are being sold for just £1, the Gazette can reveal. After-the-event (ATE) insurer Keystone Legal is offering a product for cases insured by other legal expenses insurers that run out of cover, ...
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Bypassing lawyers would save £1.5bn, insurer claims
Removing lawyers altogether from the small-claims process would save each motorist an average £60 a year on their car insurance premiums, a major insurer today claimed. In a report into the personal injury sector Aviva called for claimants to go directly to the ‘at-fault’ insurer rather ...
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‘Limited trust’ undermines SRA whistleblower plan - Society
Whistleblowers in the legal profession do not trust the Solicitors Regulation Authority enough to agree to report misconduct, the Law Society said today. The Society said there was no pressing need for a cooperation policy to encourage people to report colleagues for wrongdoing. ...
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Small-claims revamp may hit portal
The future of the RTA Portal will become clearer on Friday when a protocol, forms and rules for a new small-claims system are finalised at a meeting of the Civil Procedure Rule Committee. The protocol will enable the system to deal with claims up to £25,000, ...
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Would you mourn if your firm was no more?
Just how much attachment do you have to your firm beyond an email address and headed note paper? Do you feel a surge of loyalty every time you walk past the water feature in reception? Do you relish rivals’ struggles and recoil in horror when your ...
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Mid-sized firms feel the pinch in Scotland
Scottish firms are emptying their bank balances as partners face up to reduced profits, a survey revealed today. Research commissioned by the Law Society of Scotland found that median profit was £64,000 per partner in 2012, £7,000 down on the previous year. ...
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News
A quarter of judges escape Grayling’s pension cuts
Judges within 10 years of retirement will be shielded from reform of their pension scheme, justice secretary Chris Grayling today confirmed. Those who were 10 years, or less, away from retirement at 1 April, 2012 – around 25% of the total profession – will continue in their current schemes and ...
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News
Warnings follow Cobbetts collapse
The demise of top-100 firm Cobbetts should serve as a wake-up call for legal practices with outdated structures and mounting bank debts, legal sector finance experts said this week.
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News Focus: Cobbetts
As the Gazette went to press, it was unclear whether a drinks party at national firm Cobbetts was going ahead as planned. In the uncertainty following the firm’s acquisition amid financial troubles, the atmosphere at the Birmingham event would hardly have been conducive to ‘a wind-down and a few celebratory ...
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News
Exceptional case proves Jackson rule
Litigation lawyers should ‘ignore Jackson at their peril’ regardless of a landmark costs ruling that appeared to undermine imminent reforms, a solicitor in the case said this week. James Heath, from London firm Taylor Hampton Solicitors, warned firms not to be complacent about costs despite ...
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Firms sign up to beat fee ban
A claims management firm says it has signed up almost 100 legal practices to a business model designed to sidestep the impending referral fee ban. Chris Georgiou, managing director of Accidents Direct, said he has spent 18 months refining a panel scheme which he says will ...
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News
Major CMCs win argument on MoJ fees
Large claims management companies (CMCs) have convinced the government to reinstate a cap on the fees they have to pay for regulation. The Ministry of Justice, which regulates CMCs, had planned to remove the annual cap of £30,000 for companies with contractual relationships with clients. ...
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News
Peers pursue low-cost arbitration service
A group of four peers will this week make the case for an arbitration service for defamation cases. In an amendment to the Defamation Bill to be debated tomorrow, the Lords want to follow the recommendation of the Leveson report and push forward a low-cost arbitration ...
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MPs censure pre-pack deals as Cobbetts takeover goes ahead
‘Pre-pack’ deals like the one that this week saved defunct law firm Cobbetts face new scrutiny, following a critical report by MPs.
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News
400 jobs saved as Cobbetts deal goes through
All training contracts will be honoured and more than 400 jobs saved at defunct firm Cobbetts, administrators today confirmed.
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News
Small-claims limit could rise above £5,000, Grayling admits
Justice secretary Chris Grayling has said the proposed new small-claims court limit of £5,000 may be ‘too low’ – despite the ongoing consultation on raising the figure from £1,000. Grayling (pictured) told parliament on Tuesday that raising the small-claims limit to £5,000 would mean ...