News – Page 123
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Law firms drop JR threat over MedCo scheme
Panel scheme also makes new statement on random allocation of medical reporting experts.
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LAA delays signing duty solicitor contracts
The government has told firms in all procurement areas that it will not sign the new legal aid contracts until 2 November.
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Small businesses see lawyers as costly last resort
Legal Services Board research shows limited engagement with legal service providers.
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Challenge legal aid contracts by Friday, Law Society says
The Law Society has issued guidance on how firms can contest the outcomes of the new legal aid procurement.
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Essex backs ABS plans to net £1.8m a year
Councillors agree to make application to set up an alternative business structure.
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‘Innovative’ financial list formally unveiled
Legal and financial services industries were given a market briefing on the new Rolls Building list.
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Client pressure putting City firms in danger of collapse – report
Many commercial firms are being forced to accept more risk from their clients, a report commissioned by the SRA shows.
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Slater and Gordon plans boardroom pay boost
Shareholders asked to approve higher maximum pay and new incentives at the AGM on 20 November.
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100 firms planning legal aid contract challenges
Government could be prevented from entering into new contracts next Monday.
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Firms not responding to digital age, annual snapshot shows
Just 23% of firms have made changes to how they operate to respond to the digital age, a survey compiled by PwC has revealed.
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Ban payments to solicitors to stop ‘dressing up’ referral fees – bar chair
The Bar Council chair has said some solicitors try to ‘cloak’ referral fees as administration fees to get around ban.
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Insurance giant makes £6m profits from PI joint ventures
Accounts for Admiral Law and BDE show growing work in progress for both.
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Korean legal market ‘challenging’
UK ambassador to the Republic of Korea says foreign firms face restrictions despite Seoul’s liberalisation promises.
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Ashfords’ ‘groundbreaking’ legal partnership
Partnership with local authorities will offer advice on safety and environment, among other areas.
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Lawyers dismiss claim that sector is money laundering risk
Bodies representing the legal profession say national risk assessment based on intelligence shortcomings.
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Major personal injury firm in administration weeks after SRA referral
GT Law, a firm with almost £8m in annual revenue, posts closure notice on its website.
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CMC fined record £570k after pressuring claimants
Company ordered to give clients 24 hours before taking any payment details.
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Criminals raid 50 firms in cyberattacks this year – SRA
Regulator also concerned by lack of training in detecting money laundering schemes.
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SRA chief: let’s treat solicitors like adults
Regulator promises ‘far more conciliatory’ style of correspondence.
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Blavo & Co shut down by regulator
SRA intervenes into London-based firm and practice of director John Blavo.