BSB follows SRA in backing £500,000 indemnity limit for firms (LF)
The Bar Standards Board has followed the Solicitors Regulation Authority (SRA) and proposed that the advocacy and litigation firms it hopes to regulate later this year should have indemnity cover […]
PII brokers: free pen please? (LSG)
Proposal forms offer a great way for insurance brokers to obtain boundless information on solicitors.
Former Cobbetts partner speaks out (LSG)
A former Cobbetts partner who is the firm’s biggest individual creditor has spoken for the first time about his allegedly ‘poor treatment’ when the national firm failed last year.
Search Organisation wants Cable to reverse Registry move (EAT)
The organisation locked in a war of words with the Land Registry over local land charges is calling on Business Secretary Vince Cable to reverse a government decision to centralise […]
Expanding Yorkshire ABS aims south after bringing former client onto board (LF)
Newtons, a rapidly expanding Yorkshire firm, is setting its sights on new offices in the south of England after appointing a former chairman of Cartridge World as a non-executive director.
Record £1m fine is new blow to Land Registry (LSG)
Land Registry suffered a new embarrassment today with the news that it had been penalised a record £1,030,176 for breaking Treasury rules about the use of off-payroll contracts in the […]
Council uses Section 106 to make developer build homes for private rent (PIE)
For the first time, a local council is using a Section 106 agreement requiring a developer to build homes for private rent on one of its sites as a condition […]
Bank of England housing market ‘rhetoric’ scaring off buyers
Bank of England “rhetoric” and the Mortgage Market Review are both dragging activity downwards, the RICS said this morning.
Minster Law looks to build on insurer ownership with launch of travel claims service (LF)
Minster Law, the alternative business structure owned by financial services business BGL Group, has moved into travel claims after securing another major hire from Pannone, now part of Slater & […]
Council approves 17% cut in PC fee (LSG)
The Law Society’s governing council today approved a 17% reduction in the individual practising certificate fee for 2014-15.
Fewer law firms to recommend, less PII cover and more separate representation (EAT)
High street law firms have been under pressure for many years. A mixture of low fees, poor market conditions and an overabundance of bureaucracy and red tape have made life […]
Does Your Firm Follow SRA Advice on Risk?
Solicitors have been given another wakeup call with regards to criminal clones this month by their regulator. In its annual Risk Outlook, delivered last week, “Bogus Law Firms” were elevated […]