Latest news – Page 879
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New president sets out 10-step plan
The new president of the Association of Personal Injury Lawyers has hit out at insurance solicitors who, he says, fight the conditional fees ‘costs war’ from the ‘comfort zone of risk-free retainers’.
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PII working group
I would like to express my disappointment that the recent article headed ‘PII premiums to rise, crisis group warns’ used the word ‘crisis’ to describe the situation and the purpose of the group...
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Lukewarm defence
The defence by Barry Hughes, chief Crown prosecutor, London, of his associate prosecutors can be described as lukewarm at best (see [2009] Gazette, 9 April, 9).
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First impressions
Kevin Beach acknowledges that it is ‘a long time since I practised criminal law’ (see [2009] Gazette, 17 April, 9). This comment is unlikely to inspire confidence in readers seeking to derive an informed judgement on the abilities of associate prosecutors.
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Missed opportunities for reform
On 5 March Gazette reporter Jonathan Rayner wrote a deeply personal and disturbing account of his son’s experiences of the criminal justice and mental health services.
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SRA considers rise in Compensation Fund levy
Cash-strapped solicitors may have to pay ‘a significantly larger’ sum into the Compensation Fund as more firms require intervention in a deepening recession. Papers considered last week by the Solicitors Regulation Authority board forecast that the number of interventions is expected to rise from 71 in 2008 to more than ...
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Kenny says LSB will transform the market
Chris Kenny (pictured), chief executive of the Legal Services Board, last week vowed to transform the legal services market, promising to promote competition and – as early as mid-2011 – license the first alternative business structures.
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Solicitors debate referral fees
Solicitors are ‘crap at marketing’ and need claims management companies (CMCs) to fill the gap, a delegate told the APIL conference. A debate, ‘Referral fees and advertising – is it too late to put the genie back in the bottle?’, chaired by TV presenter John Stapleton (pictured), aroused strong passions.
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HMRC enforcement head announces crackdown on tax havens
Drafters of tax avoidance schemes face greater scrutiny over the coming months as HM Revenue & Customs moves to close loopholes and bolster its disclosure regime, according to the head of the Revenue’s anti-tax avoidance group. Chris Tailby, a barrister who has directed the Revenue’s anti-avoidance ...
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Auditors seek cap on insolvency liability
The ‘big four’ accountancy firms are to lobby the government to further limit their liability as auditors in the event of corporate collapse, despite lawyers’ concerns that client companies would be ill-advised to agree to such a step. A spokeswoman for the Institute of Chartered ...
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Acquisitions, property development and dimond shares
Power stakes: City firm Herbert Smith advised Chinese power producer Huaneng Power International on acquiring a 55% stake in YangLiuQing Co-generation and a 41% stake in Beijing Co-generation from Huaneng International Power Development Corporation. The stakes are worth RMB2.35bn (£237m) combined.
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Minister questions legal aid priorities at 60th anniversary debate
Legal aid has ‘failed the very people it was set up to protect’ the minister in charge, told a debate hosted by the Law Society this week to mark the 60th anniversary of the Legal Aid Act. In the discussion, chaired by the Guardian’s Polly Toynbee, ...
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More City firms wield the axe
Two big City firms have today announced another raft of redundancies, with a combined total of up to 50 lawyers and up to 115 support staff facing the axe. Berwin Leighton Paisner will cut up to 30 lawyers and up to 55 support staff, while CMS ...
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Land Registry overhauls registration procedure
The Land Registry is to apply a new ‘early completion’ practice from 3 August, to ensure that registration applications are completed as quickly as possible. The practice will apply to all situations where an application for a discharge of whole has been received with another ...
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Hunt to recommend pre-emptive role for the SRA
The review of legal regulation commissioned by the Law Society is likely to recommend that the Solicitors Regulation Authority carry out more pre-emptive and advisory visits to firms, especially those deemed to be ‘at risk’, its author has revealed. Lord Hunt of Wirral , the man ...
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Hundreds of Colombian lawyers murdered but no one prosecuted, report reveals
More than 400 Colombian lawyers have been murdered since 1991 but no one has been prosecuted for a single killing, a devastating report from 42 British lawyers who visited Colombia last year has revealed.
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US education provider in for BPP law school
BPP Holdings, which owns BPP Law School, announced today that it has received a buyout-approach from US education provider Apollo Global. BPP told the stock exchange that it has received a preliminary approach to purchase the company at 620p per share in cash, a 70% premium ...
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Green paper proposes role for local community in selecting judges
Aspiring district judges could have to win the endorsement of local community figures to secure appointment, under new proposals unveiled by the government today (29 April). The Ministry of Justice wants communities to work with the Judicial Appointments Commission in the ‘selection and deployment’ of district ...
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Regulator probes 10 firms over misleading debt claims
The Solicitors Regulation Authority is investigating 10 firms for accepting business from claims management companies that have misled consumers about the prospects of getting debts written off. The regulator renewed an earlier warning about doing business with such introducers, following what it described as a ‘rash ...
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Hopes for tech and media bonanza unfounded, research shows
Hopes that a boom in technology, media and telecoms (TMT) activity could offset the slump in financial services and property may be unrealistic, new research has suggested. A survey published last week predicts a downturn in the TMT sector because of funding problems faced by businesses. ...