All articles by John Hyde – Page 345
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News
Fewer firms without PII cover set to enter pool
Almost 30 firms had applied to enter the assigned risks pool (ARP) within two days of the professional indemnity insurance deadline passing, the Solicitors Regulation Authority said on Tuesday. The regulator’s figures show 28 firms had failed to secure cover on the open market as ...
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Saga targets confused legal consumers
Over-50s holiday specialist Saga said it would target clients ‘bamboozled’ by jargon as it became the second consumer brand name to enter the legal services market. Roger Ramsden, chief executive of Saga Services, said: ‘People want legal advice and products at a price they understand, ...
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Justice names new chief
Campaign group Justice has appointed human rights lawyer Andrea Coomber (pictured) as its new director. Coomber, currently legal director of the international human rights organisation Interights, replaces Roger Smith. Smith announced his decision to step down in May after 11 years in the post. ...
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We’re keeping our options open, says ABS applicant AA
Breakdown recovery and insurance business AA has insisted it is merely ‘keeping its options open’ by applying for an alternative business structure licence. The company today confirmed it has applied to the Solicitors Regulation Authority with a view to providing legal services in the future. It ...
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PI insurer’s collapse raises question mark over claims
The Law Society has urged former clients of the collapsed Lemma Europe insurance company to seek advice from their broker as soon as possible. Last week, the Supreme Court of Gibraltar appointed a provisional liquidator to establish the financial position of Lemma after the company had ...
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Motor insurers face competition probe
The Office of Fair Trading (OFT) today referred the motor insurance industry to the Competition Commission after finding that motorists are being charged too much after an accident. The OFT provisionally decided to refer the market in May this year after a study found evidence that ...
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College of Law orders exam resits
The College of Law has ordered that 18 students retake two exams after papers were left overnight in a car that was then stolen. The scripts were driven off-site by a tutor from the Birmingham centre on August 29 but taken after burglars stole her handbag ...
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Top 25 firms 'eclipsed' in growth figures
Law firms outside the top 25 in the UK are growing at a faster rate than those inside the top 25, new figures have revealed. Research by Deloitte into the first quarter of 2012/13 found firms between 26 and 50 grew fee income by 4.5%, whilst ...
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LCJ voices new fears over rise in litigants in person
The lord chief justice today expressed concerns that litigants in person will increase further when legal aid cuts come into force next year.
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SRA talks tough on COLPs and COFAs
Six hundred law firms had failed to nominate compliance officers by mid-September, the Solicitors Regulation Authority has revealed. The organisation this week warned firms they could have their licences revoked if their officers for legal practice, and finance and administration (COLPs and COFAs) are not in ...
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‘Clear risk’ of negligence claims if IFA referral is liberalised
Solicitors will be vulnerable to negligence claims if they are allowed to refer clients to financial advisers who are not wholly independent, the Law Society has warned. In its response to the Solicitors Regulation Authority’s consultation on financial advice, the society pointed to the danger of ...
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Damages uplift ‘will cost defendants £300m’
Insurers told the High Court today that defendants stand to lose more than £300m if claimants are given the ‘windfall’ of a risk-free rise in damages.
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Supplementary Legal Aid Scheme is abandoned
The government has abandoned a scheme to take up to 25% of damages awards from clinical negligence victims. The Supplementary Legal Aid scheme was intended to fund cases that would still come under the scope of legal aid from next April. Campaigners argued it amounted to ...
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Chief coroner sets out new regime in first speech
Only lawyers will be appointed as coroners from next June, the first holder of the new post of chief coroner for England and Wales has announced in his first public speech. Judge Peter Thornton QC told the annual conference of coroners today that new appointments ...
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PI specialist is thirtieth alternative business structure
The former president of the Association of Personal Injury Lawyers has steered his firm to alternative business structure status. David Bott, who stood down as president in April, will bring practice manager Paul Hinchcliffe and finance manager Gary Froggatt, both non-solicitors, into equity partner status at ...
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Mortgage fraud solicitor jailed
A former criminal defence solicitor has been jailed for two years for her part in a £1.3m mortgage fraud in east London. Elena Quinlivan (pictured), 35, planned to build a rented property empire, using forged identity documents, bank statements and payslips, Southwark Crown Court heard. ...
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Firms risk missing PII deadline
Law firms that have yet to secure professional indemnity insurance (PII) face the prospect of missing the 1 October renewal deadline, a leading specialist broker has warned. Simon Lovat, divisional director for UIB, said his firm had more than 1,000 unsecured law practices on its books. ...
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Deadline for PC renewals
Practising certificate renewals for 2012 must be completed by 14 December, the Solicitors Regulation Authority has announced. The organisation says it has completed a programme of improvements to its IT infrastructure supporting online renewals and the application forms. In particular, firms will this year be able ...
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Insurers prepare for court fight on damages uplift
Insurers will go to the High Court next week seeking to overturn July’s landmark decision on increased damages. The Association of British Insurers has challenged the Court of Appeal’s ruling confirming a 10% uplift on all general damages from 1 April 2013.
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Complaints figures merely prove how good solicitors are
You can come out now, it’s safe to look. Monday was judgment day, when the Legal Ombudsman would finally get its way and publish complaints data on solicitors.