Tag Results
Supreme Court backs law firm in breach of trust dispute
Thursday, 6 November 2014The Supreme Court has backed a law firm’s arguments that, following a breach of trust, it should have to pay in damages only the amount which the lender would have lost if the breach had not occurred.
Tags: breach of trust, conveyancing, lenders, Supreme Court
Posted in Competence, Indemnity insurance, Latest news
Law firm failed in duties to mortgage company, High Court rules
Tuesday, 28 October 2014Home Counties law firm B Legal failed in its duties to a purchaser of mortgage-backed securities, the High Court has held, in two of the four test cases it considered.
Tags: conveyancing, High Court, professional negligence
Posted in Latest news, Regulation, Solicitors
Final striking-off brings £13m Wolstenhomes saga to a close
Monday, 27 October 2014The Solicitors Disciplinary Tribunal (SDT) has struck off Nasir Ilyas, the last partner of North West firm Wolstenholmes to be disciplined for professional misconduct.
Tags: conveyancing, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
Parliament gives green light to open up probate and conveyancing rights
Friday, 24 October 2014The House of Lords yesterday gave the final go-ahead for chartered legal executives and others with appropriate expertise to offer probate and conveyancing services without the supervision of solicitors.
Tags: Chartered Institute of Legal Executives, chartered legal executives, conveyancing, practice rights, probate
Posted in Latest news, Legal Executives, Other lawyers
CLS switches volume conveyancing partner
Thursday, 16 October 2014Co-operative Legal Services (CLS) has announced that it is switching its volume conveyancing partner, from Blacks in Leeds to TCS in Cheshire. It said working with TCS “will allow us to broaden our offering for customers and members, and will increase the capacity of our service”.
Tags: ABS, Alternative business structures, Co-operative Legal Services, conveyancing
Posted in Latest news, Market monitor
2,700 firms sign up for Lender Exchange
Wednesday, 15 October 2014More than 2,700 law firms have signed up for Lender Exchange, a website which stores information about conveyancing panel firms for mortgage lenders. However, negotiations with the Law Society over a relationship with the Conveyancing Quality Scheme have stalled.
Tags: conveyancing, conveyancing quality scheme, CQS, Law Society, Lender Exchange
Posted in Latest news
Law Society invests £5m+ in online conveyancing project
Monday, 13 October 2014The Law Society has invested over £5m in a new online conveyancing system, to be launched next spring, which aims to revolutionise the home-buying process.
Tags: conveyancing, Law Society
Posted in Latest news, Technology
SRA fines firm £2,000 for £2.5m stamp duty avoidance schemes
Friday, 3 October 2014Leading Surrey firm Mundays has been rebuked and fined £2,000 by the Solicitors Regulation Authority for using stamp duty land tax avoidance schemes which saved clients over £2.5m.
Tags: conveyancing, HMRC, Solicitors Regulation Authority, stamp duty land tax
Posted in Latest news, Regulation, Solicitors
Legal executive litigators could be here by November
Wednesday, 1 October 2014Fellows of the Chartered Institute of Legal Executors (CILEx) could be carrying out litigation without supervision by solicitors from the end of November, it has emerged.
Tags: Chartered Institute of Legal Executives, CILEX, conveyancing, Legal Services Board, probate
Posted in Latest news, Legal Executives, Regulation
‘DIY law’ entrepreneur relaunches landlord website
Tuesday, 30 September 2014Legal entrepreneur Brad Askew has relaunched a property website for landlords, which attracts up to 600,000 unique visits a year. The Tenancy Agreement Service is aimed particularly at the 78% of Britain’s 3.5m private landlords who only let one property.
Tags: conveyancing, Online Legal Services, Property
Posted in Latest news, Market monitor, Technology
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.
Reports
Associates
