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Professional & Financial Risks

Blog

Here today, gone tomorrow – Calderbank offers and costs protection

Published on 13 April 2016. By Aimee Talbot, Associate

A recent case highlights a mistake to avoid when trying to obtain costs protection from Calderbank offers.

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Blog

Panama Papers – what does the leak mean for professional advisers?

Published on 13 April 2016. By Rachael Healey, Legal Director

The headlines have been full of stories about the so-called Panama Papers since their release 10 days ago.

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Blog

It can still be too late – Denton re-visited

Published on 18 March 2016. By Jonathan Wyles, Legal Director

The Court of Appeal in British Gas Trading Ltd v Oak Cash & Carry Ltd [2016] EWCA Civ 153 has reminded all solicitors that Court Orders are there to be complied with, and dire consequences can still follow if they are breached, despite the more generous guidance given in Denton v TH White Ltd [2014] EWCA Civ 906.

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Blog

Brokers' block notification guidance provided by the Court

14 March 2016

The Court has provided guidance on making block notifications to PI insurers, in a key area relating to broker's professional liability exposure.

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Blog

Under-settlements – what factors does the Court take into account

Published on 22 February 2016. By Rachael Healey, Legal Director

In Dunhill v W Brook and Co and Crossley a damages claim was brought against solicitors and counsel for under-settling a personal injury claim.

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Blog

Solicitors can owe a limited duty of care to third parties

Published on 16 February 2016. By Sally Lord, Associate

In Caliendo v Mischon de Reya, the Court found that a firm of solicitors had not been retained, either expressly or impliedly, to represent the majority shareholders in respect of the sale of their shareholding in a football club.

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Blog

The end of the low cost insurance scheme?

Published on 15 February 2016. By Sally Lord, Associate

The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have taken disciplinary action against Mr Shay Reches, the firms Coverall and Millburn, and four other related individuals in relation to solicitors' professional indemnity insurance and other insurance scheme failures.

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Blog

Litigants in person – approach with caution?

10 February 2016

The increase in recent years of the number of litigants in person (LiPs) is largely due to the impact of the Legal Aid, Sentencing and Punishment of Offenders Act 2012 (the Act), which came into force on 1 April 2013.

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Blog

Resolving mistakes in trust deeds and wills – a new, cheaper and quicker approach?

Published on 08 February 2016. By Rachael Healey, Legal Director

Claims are often made against professionals arising out of errors in trust deeds and wills.

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Blog

Don't leave me this way: SRA to split from the Law Society?

Published on 05 February 2016. By Claire Revell, Senior Associate

From almost a standing start around ten years ago, solicitors are now among the most regulated professionals in the UK.

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