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Solicitors are facing “bumper” years of claims for professional negligence as recession-driven legal actions start to bite, a leading broker has warned. The latest High Court figures indicate that negligence claims against solicitors rose from 80 to 210 in 2009, which is more than any other type of professional indemnity claim, and Lockton has predicted that the figure will continue to rise.

One of the country’s leading volume conveyancing firms has gone into administration following the abolition of home information packs, Legal Futures can reveal. While Fridays Property Lawyers Ltd – a licensed conveyancing firm which recently began offering probate services too – has been sold in a pre-packaged sale, there have been an unknown number of redundancies.

The Land Registry is to change land registration legislation to ensure that alternative business structures can compete effectively with traditional law firms. It says the prospect of increased competition is potentially good for consumers.

Solicitors in Scotland could be banned from acting for both lender and borrower as the profession looks to hit back at firms being thrown off lender panels, it has emerged.

The Council of Mortgage Lenders has launched an investigation into the impact of more borrowers and lenders having separate legal representation as lenders continue to restrict their panels, it has emerged. It has also given a cautious welcome to the Law Society’s new conveyancing quality scheme and sounded a warning over suggestions that the requirements of solicitors’ professional indemnity insurance will be relaxed.