Latest news
Court of Appeal ruling opens door to motor finance mis-selling claims
The Court of Appeal has opened the door to billions of pounds worth of claims for mis-sold motor finance after finding dealers in breach of their fiduciary duty to customers.
LPC graduate’s claim against law firm thrown out for late filing
An LPC graduate who knew she had three months to issue an employment tribunal claim against a law firm where she worked has been refused an extension of time to bring it.
“Appalling” partner struck off for creating toxic workplace
A law firm’s co-owner has been struck off for “appalling conduct” that involved violence, bullying and harassment aimed at junior colleagues.
Think tank calls for FCA to regulate third-party litigation funding
A right-wing think tank has called for the Financial Conduct Authority to regulate third-party litigation funding in the same way “as other investment products”.
Make wellbeing “part of lawyers’ performance assessments”
Lawyers’ approach to wellbeing should form part of their performance assessments, while firms should have “open and honest discussions” with clients about mental health.
Half of lawyers “regularly use credit because they’ve run out of money”
The proportion of lawyers saying they regularly use credit cards because they have run out of money has more than doubled in a year to almost half.
ABS backed by sovereign wealth fund sets up insurance business
A pioneering ABS is set to become the first law firm to launch its own PII product – for law firms, among others – and revealed it has investment from a sovereign wealth fund.
Simple errors in Land Registry applications cost conveyancers £19m
Conveyancers’ failures to get names right in applications to HM Land Registry is costing them up to £3.6m a year in fee-earner time to correct, the agency has estimated.
Law firm rebuked for not distributing estate after merger
A Surrey law firm that failed to deal with an estate it took on after merging with another practice has been rebuked by the Solicitors Regulation Authority.
Clinical negligence revenues set to slow as number of firms falls
Consolidation in the clincial negligence market will continue as the market slows over the next couple of years, a report has suggested.
Blog
Five key issues to consider when adopting an AI-based legal tech
As generative AI starts to play a bigger role in our working lives, there are some key issues that your law firm needs to consider when adopting an AI-based legal tech.
Bulk litigation – not always working in consumers interests
For consumers to get the benefit, bulk litigation needs to be done well, and we are increasingly concerned that there are significant problems in some areas of this market.
ABSs, cost and audits – fixing regulation after Axiom Ince
A feature of law firm collapses and frauds has sometimes been the over-concentration of power in outdated and overburdened systems of control.
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