Latest news – Page 848
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Solicitors blamed for delays in conveyancing process
Homebuyers and sellers have blamed solicitors more than estate agents for delays during the conveyancing process, according to research published by the Office of Fair Trading. The consumer watchdog published four reports undertaken as part of its market study into home buying and selling. One showed ...
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Private equity investors focus on legal sector
Private equity investors are becoming much more interested in doing deals with law firms, a report on the Legal Services Act 2007 launched today has revealed. A study by public relations company Byfield Consultancy, in association with law firm Fox Williams, shows that private investors ...
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ABI to introduce new voluntary code on third-party capture
The Association of British Insurers is to introduce a voluntary code of conduct on third-party capture early next year in an effort to appease critics of the controversial practice, it emerged last week. However, claimant lawyers have dismissed the initiative as a tactic to allow insurers ...
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Silverbeck Rymer faces six-figure repayment to former miners
Liverpool firm Silverbeck Rymer could repay more than £100,000 to former miners after being rebuked by the Solicitors Regulation Authority for its handling of their government compensation claims. Partners James and Charles Rymer were reprimanded by the SRA for deducting £117,000 in total from 189 miners’ ...
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Conservatives pledge to apply brakes to alternative business structures
A Conservative government would seek to slow down the introduction of alternative business structures, shadow justice minister Henry Bellingham revealed last week. Describing ABSs as ‘one more assault on the high-street solicitor’, Bellingham (pictured) predicted that big names would enter the market and cherry-pick the more ...
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SRA moves to scrap assigned risks pool
The Solicitors Regulation Authority will recommend abolishing the assigned risks pool in a consultation to be launched today. The regulator also wants to make it easier for struggling law firms to be taken over rather than shut down.
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Bar Standards Board opens door to joint practices
Barristers and solicitors will be able to go into practice together as a first step on the post-Clementi road, following a historic meeting of the Bar Standards Board last night. The board met to consider recommendations from its working group on alternative business structures to determine ...
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Professional indemnity costs rise by £15m
Solicitors paid £15m more to insurers for professional indemnity insurance this year, Solicitors Regulation Authority figures have revealed. The cost of insuring the profession rose from £226m in the 2008/09 indemnity year, to £241m in 2009/10, a rise of 7%. Between them, ...
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Lawyers praise ‘brave new world’ for mental health
Mental health lawyers have welcomed the publication of a government plan to support people with mental health problems in the criminal justice system. The government published its five-year delivery plan last week for implementing the Bradley Report’s 82 recommendations for improving the way people with mental ...
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Legal Services Board issues proposals on ABS regulation
The Legal Services Board has published a consultation paper outlining the core principles it expects all licensing authorities (LAs) to use in regulating alternative business structures, as it moves towards the next stage in liberalising the delivery of legal services. The paper proposes removing restrictions that ...
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Law firms face hefty fines for data losses
Law firms could face a £500,000 fine if they lose unencrypted laptops or data sticks containing personal information, under new proposals. A government consultation sets out new powers for the information commissioner to levy hefty fines on organisations that breach the Data Protection Act 1998. ...
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Junior lawyers commended for pro bono work
Four young lawyers were honoured for their services to pro bono work at the Junior Lawyers Division (JLD) Pro Bono Awards last week. The annual awards, presented by Lord Phillips of Sudbury in a ceremony at Chancery Lane last Thursday, celebrate outstanding pro bono work done ...
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Rise in recruitment of junior lawyers
Recruitment of assistant solicitors has seen its first sustained increase since 2007, research has revealed, in a sign that the jobs market is improving. A study by legal recruiters Hughes-Castell showed that the number of vacancies for assistants rose over the second and third quarters of ...
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Coroners reforms receive royal assent
The Bar Council and the Criminal Bar Association (CBA) have today welcomed changes made to the Coroners and Justice Bill, which received royal assent yesterday. The Ministry of Justice said the act will provide better protection for victims and witnesses during criminal investigations, more consistency in ...
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Lovells results show static revenues
Half-year revenues at City firm Lovells remained roughly static for the first half of the financial year, the firm reported today. Revenues stood at £259m for the six months to 31 October this year, down slightly from £260m for the same period in 2008/09. ...
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Security guards do a difficult job
Clive Booth wants to know why visitors to court are asked to open their own bags and take out items as part of security checks. This is HMCS policy and is common practice among many organisations.
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Clients are not units of production
I refer to the recent letter from Hugh Barrett of the Legal Services Commission (‘Access is the number-one priority’, [2009] Gazette, 29 October, 11).
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LSC chairman defiant over family funding cuts
The chairman of the Legal Services Commission struck a defiant note in a debate on family funding cuts, stressing that ‘it is difficult to convince ministers and a hard-headed Treasury that they are getting value for money out of legal aid’. Sir Bill Callaghan was ...
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Call for public to have direct access to the bar
The public wants direct access to barristers in crime, family and immigration work and is ‘dissatisfied with paying two lawyers for one job’, a panel of leading barristers claimed this week. Kevin Leigh, barrister at No5 Chambers in London, said: ‘It’s about giving proper choice to ...
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Grieve issues warning over access to justice 'crisis'
The country is facing ‘the biggest crisis in access to justice since the second world war’, shadow justice secretary Dominic Grieve QC told the Bar Council’s annual conference last Saturday. The warning came as Bar Council chairman Desmond Browne QC revealed that Lord Bach, the legal ...