Tag Results
Costs reform? ABSs are the big picture here
Wednesday, 30 March 2011In truth there were no great surprises in the litigation costs announcements yesterday. The claimant lobbying effort has been significant but apparently to no avail and as generally expected Lord Justice Jackson will see his recommendations implemented.
Tags: ABS, Alternative business structures, claims management companies, Jackson report, personal injury
Posted in Blog
SRA under pressure to ban solicitors from offering cash inducements to bring claims
Thursday, 17 March 2011The Solicitors Regulation Authority is under pressure to ban solicitors from offering potential claimants up-front inducements to bring an action so as to bring them in line with new rules coming into force for claims management companies.
Tags: claims management companies, Solicitors Regulation Authority
Posted in Marketing & PR, News, Solicitors
Claims company reveals plan to become ABS
Monday, 28 February 2011A car accident claims manager has revealed its intention to become an alternative business structure, Legal Futures can report. Hampshire-based Vamco, which specialises in repair management and credit hire, is planning to take over a branch office of Nesbit Law Group, which is currently located in the same building under the name Kingsley Law.
Tags: ABS, Alternative business structures, claims management companies
Posted in Alternative business structures, Market monitor, News, Solicitors
CMCs face cash-call after regulator suffers major budget shortfall
Tuesday, 15 February 2011A shortfall in the funding of claims management company (CMC) regulation – due to escalating enforcement action and a contraction in the size of the industry – has led to a cash call this month on the 3,000-plus businesses in England and Wales.
Tags: claims management companies
Posted in News, Other lawyers
Crackdown on PI advertising begins
Thursday, 23 December 2010The crackdown on personal injury advertising started today as the Ministry of Justice unveiled plans to ban inducements to bring a claim. The current rules for claims management companies only ban the offer of “immediate” cash payments or similar benefits, but a consultation issued today proposes extending that to all inducements for making a claim.
Tags: claims management companies, personal injury
Posted in Marketing & PR, News
Cabinet backs Young; peer favours referral fee ban; MoJ to extend claims process
Friday, 15 October 2010The Cabinet has given its backing to Lord Young’s blueprint to reform health and safety and curb the excesses of the compensation culture, the peer revealed today. He also expressed a desire to see an end to referral fees and said the Ministry of Justice had agreed to extend the road traffic accident claims process to other areas of personal injury.
Tags: claims management companies, Jackson report, personal injury, Young review
Posted in Marketing & PR, News
Regulator announces crackdown on CMCs cold-calling and taking up-front fees
Friday, 27 August 2010The claims management regulator has launched a crackdown on companies that are cold-calling consumers and taking up-front fees without giving clients a reasonable period to consider the agreement they are signing.
Tags: claims management companies, referrals
Posted in News, Solicitors
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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