Tag Results
Referral fees in criminal cases could lead to “arrest chasing”
Wednesday, 17 June 2015Removing the ban on referral fees in criminal cases could lead to “arrest chasing” by solicitors, the Bar Council has warned, and result in “as much public opprobrium” as ambulance chasing. However, the Bar Council backed third-party accounts for solicitors.
Tags: Bar Council, legal aid, referral fees, Solicitors Regulation Authority, third-party accounts
Posted in Latest news, Regulation, Solicitors
SDT: insurance application errors “carelessness not misconduct”
Tuesday, 16 June 2015Two partners have been cleared by the Solicitors Disciplinary Tribunal of misconduct relating to errors and omissions in their firm’s application for indemnity insurance, and unusually were allowed to maintain their anonymity throughout.
Tags: professional indemnity insurance, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Law Society: “Piecemeal” SRA reforms could create “perverse incentives”
Tuesday, 16 June 2015The Law Society has launched a sustained attack on plans by the Solicitors Regulation Authority to introduce third-party accounts, allow referral fees in legal aid cases and remove the requirement on firms to carry out reserved activities.
Tags: client accounts, Law Society, referral fees, reserved activities, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
Exclusive: American ABS considering merger with accountants
Friday, 12 June 2015The second alternative business structure to be set up by a US firm in the UK is considering a merger with a firm of forensic accountants, Legal Futures can reveal. Foran Glennon (UK) specialises in insurance work.
Tags: accountants, Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Market monitor
Firm shut down after solicitor who forged cheques as trainee is struck off
Friday, 12 June 2015The Solicitors Regulation Authority last week shut down a north-west London law firm shortly after an accountant who went on to train as a solicitor at the firm was struck off for preparing fraudulent cheques and forging partners’ signatures.
Tags: Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
Hat-trick of appeal wins for East London firm as it overturns wasted costs order
Thursday, 11 June 2015A small East London law firm has scored a hat-trick of successful appeals against sanctions after overturning a wasted costs order at the Employment Appeal Tribunal, following challenges to the Legal Ombudsman and Solicitors Regulation Authority.
Tags: law firms, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
There is a “huge future” for high street firms, new SPG chairman says
Wednesday, 10 June 2015There is a “huge future” for high street law firms, but the way ahead will be for practices to become more specialised, the new chairman of the Sole Practitioners Group (SPG) has said.
Tags: Law Society, small firms, sole practitioners, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Only one solicitor sent to SDT over referral fee ban as large CMCs thrive
Tuesday, 9 June 2015Only one solicitor has been sent to the Solicitors Disciplinary Tribunal for breaching the ban on referral fees in personal injury cases, it has emerged. Meawhile, the head of claims management regulation said the “biggest CMCs are making more and more money”.
Tags: claims management companies, CMRU, referral fees, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
Miscarriages of justice charity transforms itself into law firm
Monday, 8 June 2015A registered charity has become a fully-fledged law firm in what is believed to be the first transformation of its kind, after it received approval from the Solicitors Regulation Authority.
Tags: legal aid, Solicitors Regulation Authority
Posted in Latest news, Market monitor
High Court backs SRA over bankruptcy costs claim
Monday, 8 June 2015The High Court has backed the Solicitors Regulation Authority in denying a trustee in bankruptcy the right to deduct his costs from client funds held by a solicitors’ practice after the principals were made bankrupt.
Tags: insolvency, Solicitors Regulation Authority
Posted in Latest news, Solicitors