Tag Results
Revealed: new law firm launches ‘white label’ personal injury service for other solicitors
Thursday, 26 July 2012A groundbreaking new law firm that handles personal injury claims for other practices on a white-label basis has launched in the north-east of England. Questus says it is the first dedicated outsourcing law firm of its type.
Tags: legal process outsourcing, outsourcing, personal injury
Posted in Latest news, Market monitor, Outsourcing
Ministry of Justice: no backtracking on April 2013 for RTA and small claims changes
Wednesday, 18 July 2012The government has made clear its intention to push ahead with extending the RTA process and also increasing the personal injury small claims limit next April despite publication of the Fenn report yesterday.
Tags: personal injury, RTA portal
Posted in Latest news
Freeserve founder says it will take non-lawyers to bring innovation to “hated” legal market
Monday, 2 July 2012Lawyers are “in denial about what customers hate about law firms” and it will take entrepreneurs from outside the profession to deliver the wholesale change to the business model that is required, the founder of Freeserve claimed last week.
Tags: ABS, Alternative business structures, external investment, personal injury, private equity
Posted in Alternative business structures, Latest news, Market monitor
In brief: regulators reassure firms over RBS ‘breaches’, £1m apprenticeships boost and more
Monday, 25 June 2012Our latest round-up of key news includes the SRA and CLC offering relief to solicitors in breach because of RBS/NatWest computer problems, £1m of government money for legal apprenticeships, a destination for dormant client money, the Co-op’s new will-writing partnership, and much more.
Tags: Chartered Institute of Legal Executives, Co-op, conveyancing quality scheme, Council for Licensed Conveyancers, CQS, personal injury, Solicitors Accounts Rules, Solicitors Regulation Authority, will-writing
Posted in Accounts rules, Latest news, News In Brief
Three-quarters of people have received CMC ‘pest texts’, says research
Wednesday, 20 June 2012Three in four people have received an unsolicited text or phone call from a claims management company offering them the chance to claim compensation, even though almost all had no grounds to bring a claim, according to research.
Tags: claims management companies, Legal Aid Sentencing and Punishment of Offenders Bill, personal injury
Posted in Latest news, Marketing & PR
SRA: referral fee ban could drive many firms out of business – and may not even stop dodgy claims
Wednesday, 13 June 2012The impending ban on referral fees in personal injury could result in a “steep increase” in the number of financial failures amongst small law firms – but may not actually discourage spurious claims – the Solicitors Regulation Authority has warned.
Tags: ABS, Alternative business structures, claims management companies, Legal Aid Sentencing and Punishment of Offenders Act, personal injury, referral fees, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Marketing & PR, Solicitors
Law Society’s portal extension verdict: good in principle, bad as planned
Wednesday, 6 June 2012The vertical and horizontal extension of the existing RTA portal is a good idea but cannot be done by the government’s target of next April, the Law Society has warned – and the case to cut fees has not been made out.
Tags: personal injury, RTA portal
Posted in Latest news
Claimant groups ramp up rhetoric in battle over personal injury fees
Wednesday, 30 May 2012Claimant personal injury lawyers have launched a strong attack on the government’s bid to expand the RTA claims process while also cutting legal fees for work done under it. Research showed the current £1,200 is about right, with profit margins set to fall.
Tags: fixed fees, personal injury, RTA portal
Posted in Latest news
News in brief: COLP/COFA advice service launched, referral fee offensive, and much more
Tuesday, 29 May 2012Our latest round-up of key news snippets sees the ex-chief of the CLC launch a consultancy, a new COLP and COFA helpline, a campaign against personal injury “auctions”, Lawyers on Demand goes it alone, a run-off cover boost for retiring solicitors, and a rethink on financial services ABSs.
Tags: ABS, Alternative business structures, COFA, COLP, compliance officer for finance and administration, compliance officer for legal practice, financial services, Financial Services Authority, personal injury, professional indemnity insurance, referral fees
Posted in Latest news, News In Brief
ABS-in-waiting unveils £120m contract with top insurance intermediary
Thursday, 10 May 2012A leading insurance intermediary has agreed a £120m contract with the proposed alternative business structure (ABS) being put together by Quindell Portfolio. Quindell is awaiting SRA approval for its acquisition of Liverpool law firm Silverbeck Rymer.
Tags: ABS, Alternative business structures, personal injury
Posted in Alternative business structures, Latest news, Market monitor
Blog
Mind the (justice) gap: Why are RTAs going up but claims still down?
The gap between the number of road traffic accident injuries and the number of motor injury claims continues to widen, according to the latest government data.
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.
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