LeO fee could almost double – or halve – under tiered payment plan (LSG)
The Legal Ombudsman is preparing to introduce a tiered case fee structure and extend the scheme to allow small businesses to complain.
Buyers’ changing minds account for majority of transaction failures (TC)
Despite mortgage rates falling to record lows, the ease of getting one has not improved – an issue which may mean transaction levels are being held back.
Solicitor ran up £529k client shortage then lied to cover his back (LSG)
A solicitor who raided the client account then told a string of lies to cover his tracks has been banned from the profession.
SRA in spat over public warning notice (LSG)
The Solicitors Regulation Authority has pressed ahead with a public warning about the involvement of solicitors in fraud schemes, after being cautioned by the Law Society not to ‘diminish the […]
Agents braced for months of Brexit uncertainty and confusion (PIE)
The property market is bracing itself for, at best, uncertainty and confusion, and at worst a white knuckle ride after yesterday’s High Court ruling that MPs must vote on triggering […]
Does a Friday Fraud Start with a Spoof Sale Memorandum? (IC)
New figures show that the rewards for the gangs are potentially huge, with each successful scam worth on average more than £112,000. It is believed that fraudsters are currently carrying […]
Top City law firm goes “gender neutral” (TC)
As potentially one of the first “magic circle” firms to do so, Freshfields has banned the use of “Dear Sirs” from any of its communications or legal documents.
Reports double of investment scams using law firms, as public lose “at least” £100m,
The SRA have warned the public to be wary of the growing problem of investment scams using law firms, as it deals with cases where people have lost at least […]
Act now – new National Cyber Security Strategy (TC)
Chancellor Philip Hammond has released plans for a £1.9 billion cyber security Government strategy.
Legal brands fold as Assure Law collapses (LSG)
A legal business consultancy that snapped up a host of law brands in the past two years has itself gone into liquidation.
New sales progression service launches – with agents invited to ask for a test drive (PIE)
A new service launches today which is designed to let agents keep track of sales progressions through cloud-based technology.
SRA hit with rare costs order for bringing “improper” prosecution (LF)
The Solicitors Disciplinary Tribunal has made a rare costs order against the Solicitors Regulation Authority (SRA) for having brought an “improper” prosecution against a law firm.