Assure Law buys HighStreetLawyer in bid to build 200-firm network (LF)
Business consultancy Assure Law has acquired a majority stake in HighStreetLawyer.com, the network of small firms, and plans to expand it substantially.
SRA rejects Law Society bid to extend indemnity run-off period by three years (LF)
The SRA has rejected a proposal by the Law Society to extend the additional indemnity run-off cover provided by the Solicitors Indemnity Fund for a further three years until 2023.
Solicitors PII broker collapsed after insurer failure (LSG)
An insurance broker specialising in the solicitors indemnity market went bust after aligning with an insurer that failed, a report has revealed.
Northern Rock’s £261m defeat in High Court (LSG)
Treasury-owned Northern Rock Asset Management (NRAM plc) has suffered a landmark defeat in a High Court case brought to establish the validity of unsecured loans made by the bank.
Tenancy eviction process ‘in utter chaos’ (PIE)
The county courts system is in utter chaos so far as evictions are concerned, it has been claimed, with lost files, year-long delays and basic admin mistakes leading to extra […]
The leading conveyancing firms at the Estate Agency of the Year Awards 2014 (TC)
Last week’s Estate Agency of the Year Awards 2014 event was a great success and saw a whole scope of property professionals come together to celebrate this year’s achievements within […]
LSB to present new government with “range of options” on future of regulation (LF)
Sir Michael Pitt, chairman of the Legal Services Board (LSB), said yesterday that he wanted to present the new government after next year’s general election with an agreed “range of […]
Quindell shares plummet again as founder sells stake (LSG)
Shares in listed legal services provider Quindell plummeted in value yesterday after founder Rob Terry sold a huge chunk of his shareholding.
‘Extra burdens’ of consumer credit switch laid bare (LSG)
Changes to regulation of consumer credit work will affect far more law firms than expected, increase compliance costs and capture more activities than envisaged by the Solicitors Regulation Authority.
Ombudsman hires lottery fund chief (LSG)
The Office for Legal Complaints has appointed an interim chief executive officer for the Office of the Legal Ombudsman following the resignation last month of chief ombudsman Adam Sampson.
Legal leaders join hands against client snooping (LSG)
Legal chiefs and academics today demanded new laws to stop police and security services from spying on meetings between lawyers and their clients.
Tax man gives solicitors three months to come clean on undeclared income (LF)
HM Revenue & Customs (HMRC) has opened up a three-month window for solicitors to own up to income they have not declared, or face tougher penalties if they are caught […]