All articles by John Hyde – Page 356
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News
Merger talks off
Talks over a possible merger between national firms DWF and Cobbetts have ended just weeks after they were first confirmed. In a joint statement released today, the firms said the decision had been made not to progress with talks due to ‘current uncertainty in market conditions’. ...
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Downtrodden sidekick gets a moment in the spotlight
You can’t help but feel sorry for the less glamorous half of a partnership. Shunted to the side, often ignored and with their other half stealing all the glory: theirs is a life destined for second best. In the LASPO bill, civil ...
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We’re clearing web backlog, says SRA
The Solicitors Regulation Authority has apologised for delays to online practising certificate renewal as it starts to clear the backlog of applications.
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Solicitors wary of new compliance roles
Solicitors fear the potential risks involved in taking on new roles as compliance officers within their firms, a legal consultancy has warned. The 360 Legal Group says it found ‘serious concerns’ over regulatory changes requiring individuals to monitor their firm’s behaviour and report any wrongdoing - ...
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Cost assessment scheme to go national
Lord Justice Jackson has stated that the costs provisional assessment scheme is ready to go national after a year-long pilot. District judges in three county courts were required to assess on paper any bill of costs in which the base costs claimed were £25,000 or less. ...
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Ban on PI adverts in hospitals 'unworkable'
Banning leaflets advertising personal injury lawyers and claims management companies from NHS hospitals is unworkable and counter-productive, the government has been warned. Health minister Simon Burns last week told English NHS hospitals it was ‘not acceptable’ to display adverts for law firms. He said patients should ...
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Leading firms ponder ABS options
At least 10 of the top 100 UK law firms are considering applying to become alternative business structures, the Gazette can reveal. International firm Kennedys and Midlands firm Browne Jacobson are among those to confirm this week that discussions are ongoing about a possible application - ...
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Twitter ban in Redknapp trial
The judge in the trial of Tottenham Hotspur manager Harry Redknapp has banned the use of Twitter from inside the courtroom. Judge Leonard ordered the ban for both the press and members of the public attending the trial of Redknapp (pictured) and former Portsmouth chairman Milan ...
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Quoted company buys PI firm in ABS first
A personal injury firm is to be bought by a listed company in a £19.3m deal to create an alternative business structure (ABS). Liverpool-based Silverbeck Rymer will be acquired by AIM-listed Quindell Portfolio for an initial £10.25m in cash, and the issue of up to 120.8m ...
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Kudos to trainee minimum wage
I’d like to say I became a journalist through a lifelong obsession with Woodward and Bernstein, a duty to inform and passion for the English language. In truth my career path probably owes more to a computer program named Kudos, which filtered your hobbies and dislikes to find your perfect ...
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Pinsent Masons in Anglo-Scottish merger talks
Top 20 London firm Pinsent Masons has confirmed it is in cross-border merger talks with Edinburgh-based McGrigors. If successful, the merger would create a business with a turnover of more than £300m, headquartered in London and with six offices across Asia. In ...
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Warning over minimum salary move
Junior solicitors have warned of exploitation and reduced access to the profession for the less well-off if regulators decide to ditch the minimum salary for trainees.
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MoJ still spending on consultants
The Ministry of Justice has defended its outlay on consultants after spending more than £43m on external experts since May 2010. A written question in the House of Commons discovered that net spend since the coalition government took power was an average of £2.28m a month. ...
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‘Insurers to blame’ for PI premium hike
The Law Society has said the insurance industry must take the blame for the rising cost of motor premiums, in a high-profile row over personal injury claims. The Commons transport select committee last week said the rising number of personal injury claims was the ‘main reason’ ...
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Hundreds of court posts axed
More than 1,200 posts were cut by HM Courts and Tribunals Service last year, just as it faced an upsurge in workload caused by rising numbers of litigants in person. A response to a Freedom of Information (FoI) request by the Gazette discloses that full-time equivalent ...
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ATE insurer enters solicitors PII market
A leading after-the-event insurer has confirmed it will enter the solicitors professional indemnity insurance market this year. Elite Insurance will open a book of £3m for smaller, niche firms it has worked with in the past.
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Health and safety guru warns of political misuse
The architect of the government’s health and safety strategy has raised concerns that his report could be ‘misused’ for political purposes.
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Society intervenes in landmark PII case
The Law Society and Solicitors Regulation Authority have been granted leave to intervene in a case that could have a major impact on professional indemnity insurance for law firms.
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Whiplash is a pain in the neck to write about
To borrow from Donald Rumsfeld, there are known knowns and there are things we know we know, but we also know there are unknown knowns. No sooner had the Commons transport committee waded into this minefield earlier this week than my inbox was flooded with responses.
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£185m rescue for NHS litigation fund
The Department of Health has confirmed that a £185m emergency bailout fund has been found for the NHS Litigation Authority (NHSLA). Clinical negligence claims against the NHS reached an estimated value of £1bn last year, after rising from from £5,697m to £8,655m over the preceding five years. ...