Tag Results

Law firms will be held responsible for breaching the personal injury referral fee ban if they sign up to ventures that appear to be genuine joint marketing schemes but prove illegal, the Solicitors Regulation Authority has warned. It will also target senior individuals within firms that “recklessly trade into insolvency”.

Personal injury firm Proddow Mackay has launched three alternative business structure (ABS) joint ventures in a bid to change strategy following the referral fee ban as Vamco, the first accident management company to become an ABS, has signed a deal with a large broker.

Alternative business structure Quindell Portfolio plc has started to announce the major contract wins its end-to-end personal injury service has delivered, with a deal with RAC worth potentially £500m a year first to become public.

The new ‘Save the Legal Industry’ campaign has reported the loss of 2,500 jobs among personal injury law firms as they prepare for next month’s civil justice reforms. It has launched a ‘Job loss counter’ aimed at making the government see the “direct effect” of its policies.

A specialist motorbike and moped accident management company has successfully applied for an alternative business structure licence in order to take in-house personal injury work that is currently outsourced.