Law firm mergers dip as economy recovers (LSG)
Law firm mergers continue to decline as ‘defensive’ consolidation becomes less prevalent in an improved economy.
Clients may get indefinite time limit on legal complaints (LSG)
The legal profession’s complaints handler is preparing to change its rules to potentially accept complaints about issues from any point in history.
Nationwide changes price index to reflect more automated valuations (EAT)
The methodology used by the Nationwide to compile its house price index is to be changed from next month, with more reliance being placed on data submitted by mortgage applicants.
Research Reveals How Many People Find Problems with their Home After Moving (IC)
Some 20% of British people feel that they have compromised when finding a new home with those renting more likely to be unhappy than buyers, new research has found.
Lost £50,000 in property case restates importance to safeguard against email hacking (TC)
‘Phishing’ is a modern day fraud technique which refers to when criminals attempt to acquire sensitive information, such as bank account details. This is done by masquerading as a trustworthy […]
‘Negligent’ firm escapes payout after court finds no causation (LSG)
The High Court has dismissed a claim of professional negligence against a firm of solicitors because, although the claimant successfully established liability, no loss or damage was found to have […]
Law firm negligent over £25m property advice (LSG)
Bird & Bird has been ordered to pay £1.8m in damages after a court found it had failed to inform clients buying a London property of a nearby development. The […]
Will Aid apologises to solicitors for Co-op offer (LSG)
Charity Will Aid has apologised to solicitors for emailing thousands of members of the public with a wills promotion in partnership with Co-operative Legal Services containing the words ‘you don’t […]
New consumer credit proposals
New proposals for the regulation of solicitors doing consumer credit work have been drawn up by the SRA.
SRA asks for views on its services
The public will be asked their views on the SRA as part of a major perceptions survey starting this week.
Few firms will need FCA authorisation for consumer credit work (LF)
The SRA is set to continue regulating most consumer credit activities carried out by law firms after new proposals were issued last week.
Conveyancing Solicitor escapes lack of integrity charge by pleading incompetence (LF)
The SDT described how complete was solicitor Ross Onotasa Monioro’s incompetence as a conveyancer. Having done so, it said it had no choice but to let him escape the charge […]