All articles by John Hyde – Page 344
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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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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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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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‘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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MoJ reveals £600m in court fines are unpaid
The government failed to make any significant impression on the £600m of outstanding debt from court fines during the latest financial year. Helen Grant, justice minister, told parliament this month that outstanding impositions stood at £1.8bn at the end of April 2012. A Ministry of ...
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Cobbetts set to go into administration
National firm Cobbetts has announced it is seeking protection from creditors as a buyer is sought for the business.
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Lyons rebuts Admiral takeover reports
Personal injury firm Lyons Davidson has flatly denied press reports that it is in takeover talks with insurance giant Admiral. An article in the Mail on Sunday claimed that British insurer Admiral planned to buy the national firm, which last year became an alternative business structure, ...
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Civil justice advisers condemn PI fixed fees as ‘unrealistic’
Fixed-fee proposals for personal injury work are unrealistic and should wait until at least 2014, the Civil Justice Council (CJC) has advised. The independent advisory body chaired by the master of the rolls has told the government it should hold back from new costs plans before ...
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Pinsent Masons boosts outsourcing trend with Krakow deal
City firm Pinsent Masons has become the latest law practice to outsource key services by sending documents to be reviewed in Poland. The firm used Capita’s outsourced legal services operation in Krakow to review aspects of a large dispute. Both parties had ...
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Texas considers plan to open borders to foreigners
The US state of Texas is considering a plan to open its borders to foreign lawyers and compete with New York for the best international talent.
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Call for care failings disclosure laws
NHS trusts and their lawyers should be forced by law to reveal when care providers have made serious mistakes, campaigners have said in the run-up to the report of the inquiry into alleged failings at Mid Staffordshire NHS Foundation Trust. Peter Walsh, chief executive of ...
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SRA calms referral fee fears
The Solicitors Regulation Authority will try to appease firms worried about the lack of ‘safe harbour’ advice on coping with the ban on referral fees by publishing genuine case studies of acceptable business models. The regulator last week repeated it will not pre-approve models that ...
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Lord Judge ‘troubled’ by court camera plan
The lord chief justice has voiced opposition to the government’s plan to allow the filming of sentencing in the Crown court. Lord Judge said today he was ‘troubled by cameras swanning around court’. Appearing before the House of Lords constitution committee ...
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DBA caps set by government
Damages based agreements (DBAs) are to be capped at 25% for personal injury and 50% for any other claim, the government confirmed in a statutory instrument setting out how the civil litigation reforms will work when they come into force on 1 April. As expected, DBAs ...
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DWF rides to rescue of Cobbetts
National firm DWF has announced its intention to acquire troubled firm Cobbetts.
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Solicitors face sanction threat over COLP/COFA forms
Solicitors who failed to disclose relevant information about their past on compliance officer applications could have their licences removed, regulators have warned. The Solicitors Regulation Authority plans to pursue hundreds of applicants who failed to declare facts such as criminal convictions or a previous ...
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Jackson reforms ‘undermined’ by landmark costs ruling
A judgment on costs today by the Court of Appeal will have significant ramifications for litigators preparing for the Jackson reforms. The court found there was ‘good reason’ for a claimant’s original costs estimate to go over budget by more than £268,000. The appeal, in Henry ...
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A dissenting Judge
Lord Judge, as we all know, has a wonderfully apt name. Not as good as the anaesthetist from Essex called Doctor De’ath but certainly enough to raise a smile. However that’s not the main reason why I’ll miss the Lord Chief Justice when he hangs up the gown and retires ...
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News
Leniency for whistleblowing? This is not the NYPD
Call me a stooge if you like, but I reckon the Law Society is bang on the money with this one. Yesterday it emerged that Chancery Lane is opposed to the Solicitors Regulation Authority’s plan to offer whistleblowers leniency if they shop their partners in crime. ...
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COLP/COFA test failed by over 1,000
Convicted criminals and undeclared bankrupts were among the people nominated by law firms to be their compliance officers, it has emerged. The Solicitors Regulation Authority today revealed that more than 1,200 nominees failed an automatic verification exercise to check their suitability to be firms’ self-policing staff. ...