PII arguments fall on deaf ears (LSG)
The plan to change the level of mandatory cover has one more hurdle to clear.
Search delays adding stress for buyers, sellers – and agents (PIE)
Searches are taking weeks to come through in several parts of the country.
Smaller law firms “face battle to keep junior partners” as HMRC deadline looms (LF)
Smaller law firms are struggling to retain their junior partners in advance of tough new capital requirements set out by HM Revenue & Customs an executive search firm has claimed.
SRA Board makes changes to ease the burden
The Board of the Solicitors Regulation Authority (SRA) has approved a series of changes to its regulatory requirements to make them more proportionate and targeted and so reduce the cost […]
Regulator approves PII reform (LSG)
The Solicitors Regulation Authority’s board today voted to cut to £500,000 the minimum level of professional indemnity insurance cover required from practitioners.
Clash between lenders and conveyancers over PI (PIE)
Lenders have hit out at proposals to reduce the requirements for conveyancers to hold professional indemnity insurance.
Accolade for Countrywide boss who turned company around (PIE)
Grenville Turner, outgoing chief executive of Countrywide, has won a business turnaround award for his achievements in pulling Britain’s biggest estate agent out of the ashes.
Figures confirm ‘good value’ British agents (EAT)
Research into fees suggests that British agents are amongst the best value anywhere in the world.
Bogus law firms and money laundering rise up SRA’s risk register for law firms (LF)
Bogus law firms and money laundering have become two of the biggest current risks to law firms, the Solicitors Regulation Authority (SRA) said yesterday, in publishing its 2014 risk outlook.
Allen & Overy posts ‘highest ever’ revenue and profit (LSG)
Allen & Overy has today reported record income and profits, taking advantage of ‘more stable’ global markets and returns from a ’strategy of counter-cyclical investment through the financial crisis’.
City where local searches are taking six weeks (PIE)
Searches by Exeter City Council were taking five working days until a month ago, but are now taking far longer.
Ministers ‘shelve Land Registry sell-off’ (LSG)
Ministers have cancelled plans to turn the bulk of Land Registry into a stand-alone company in the run-up to privatisation, according to newspaper reports at the weekend.