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Professional & Financial Risks

Blog

Fraud Alert 3 – a new weapon

Published on 09 April 2015. By Jonathan Wyles, Legal Director

In July 2014 and February 2015 we warned about fraudsters targeting law firms client accounts, especially on Friday afternoons.

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Blog

Key Reforms to CPR Part 36

Published on 08 April 2015. By Tina Campbell, Senior Associate

Part 36 is a crucial tool in litigation. Most claims end in a settlement and the incentives and penalties within Part 36 help to encourage parties to make/accept sensible offers.

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Solicitors' responsibility for conveyancing credit risk denied by the High Court

10 March 2015

In a transaction the claimant's own counsel described as 'murky', the High Court has dismissed a negligence claim against solicitors for the alleged failure to make further enquiries regarding the solvency of the vendor:

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Blog

Part 36 – Make your offers early

Published on 06 March 2015. By Alexandra Anderson, Partner

A recent judgment has highlighted the importance of early timing in the making of Part 36 offers.

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Blog

The fraudsters are back – they never left!

Published on 20 February 2015. By Jonathan Wyles, Legal Director

In July 2014 we warned about fraudsters targeting solicitors to gain access to their client account

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Blog

PI Insurer Liable to indemnify firm of solicitors in respect of loans made to its clients by a finance company

Published on 04 February 2015. By Sally Lord, Associate

The Court of Appeal has this week handed down its decision in Impact Funding Solutions Ltd v Barrington Support Services Ltd, which is a case that has sparked a lot of interest since the first instance judgment was delivered back in December 2013.

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Blog

Costs warning: unreasonable incurred costs could reduce overall budget

Published on 29 January 2015. By Victoria Sugden, Senior Associate

The recent Judgment of Steven Redfern v Corby Borough Council [2014] EWHC 4526 (QB) is one of the first reported appeals against a decision by a Master in relation to a Costs Management Order.

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Blog

LEO's future to include Third Party complaints

Published on 26 January 2015. By Sally Lord, Associate

The Office for Legal Complaints board meeting before Christmas revealed that there is potential for redress for third parties as long as complaints could be 'clearly and tightly defined'. Currently, the Legal Ombudsman will only consider complaints made by a firm's direct client.

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Blog

Compareasolicitor.com: Simples?

Published on 26 January 2015. By Sally Lord, Associate

The SRA has announced that soon law firms may be featuring on comparison websites. The SRA is currently collating information about law firms for use on such websites.

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Blog

SFO makes first use of Bribery Act in prosecution for fraudulent UCIS

Published on 11 December 2014. By George Smith, Senior Associate

The SFO's recent prosecution in relation to a fraudulent UCIS ...

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