Tag Results
PI claims and motor premiums falling, says ABI
Monday, 4 March 2019There has been a “slowly decreasing volume” of personal injury claims since 2016, the Association of British Insurers has said, but LASPO only helped reduce PI costs “slightly”.
Tags: personal injury
Posted in Latest news, Market monitor
Suspension of Coops solicitor sheds light on Asons deal
Thursday, 28 February 2019The solicitor who headed Bolton personal injury firm Coops Law – which bought controversial practice Asons – has been suspended for the way it took on 6,000 files without clients’ permission.
Tags: personal injury
Posted in Latest news, Solicitors
Consumer law firms optimistic but fee pressure looms
Thursday, 28 February 2019Almost two-thirds of solicitors active in the main consumer law areas expect their workload to increase over the next year – but there is looming pressure on fees, a survey has found.
Tags: personal injury
Posted in Alternative business structures, Latest news, Market monitor
Funder backs indebted PI firm to thrive after reforms
Wednesday, 27 February 2019Leading funder Doorway Capital has expressed more confidence in the personal injury market by pulling a law firm out of a partnership voluntary arrangement.
Tags: personal injury
Posted in Latest news, Market monitor
PI firms merge to take on 2020 reform upheaval
Friday, 22 February 2019Personal injury firms in Sheffield and Macclesfield have merged and created a new alternative business structure as they bid to ride out the upheaval of next year’s reforms.
Tags: personal injury
Posted in Alternative business structures, Latest news, Market monitor
“A new type of law firm” is needed to tackle PI reforms
Friday, 1 February 2019A “new type of law firm is needed” to respond to next year’s PI reforms, National Accident Helpline has said as it confirmed its new ABS would open in April. Also news from Anexo, Watchstone and S&G.
Tags: personal injury
Posted in Latest news, Market monitor
Exclusive: Pioneering law firm goes into administration – again
Monday, 28 January 2019Pioneering law firm Just Costs Solicitors went into administration on Friday, leading to 26 redundancies. It is effectively the firm’s second administration after the original Just Costs went down in 2017.
Tags: personal injury
Posted in Latest news, Market monitor
Struck-off solicitor turned claims manager cannot return to roll
Monday, 21 January 2019A struck-off solicitor who became a claims manager, and was fined £220,000 for cold calling, cannot return to the profession, the Solicitors Disciplinary Tribunal has decided.
Tags: personal injury
Posted in Latest news, Solicitors
Exclusive: Acquisition vehicle eyes PI firm deal rush
Friday, 18 January 2019The law firm which bought private equity-owned Roberts Jackson out of administration is planning several more deals to help others exit the personal injury market, Legal Futures can reveal.
Tags: personal injury
Posted in Latest news, Market monitor
Exclusive: Large PI firm begins three-year voluntary wind-down
Tuesday, 15 January 2019Well-known personal injury law firm Camps is to run its practice down over the next two to three years, with 50 redundancies on the cards immediately, Legal Futures can reveal.
Tags: personal injury
Posted in Latest news, Market monitor