“… while nobody sympathises with a money-launderer or other criminal, not only is there the possibility of a damages claim from a client, but also regulatory sanctions in addition …” Solicitors could inadvertently breach their obligations to certain clients by allowing their Solicitors Accounts Rules (SAR) auditors to view those clients’ files. Solicitors and other…
“… If someone is completing on Friday it does not help them if their solicitor ceases to practise on Thursday …” Some legal practices are only now, with one week to go, receiving premium quotes for their 1 October 2010 professional indemnity insurance renewal. It is nail-biting for them as they may have only one quote – it is…
“… how beneficial will consolidation into fewer, larger entities be for consumers? …” A great deal of time and money have been spent preparing for the arrival of Alternative Business Structures (ABS) in October 2011. The 2004 Clementi Report led the Ministry of Justice to formulate and pilot the Legal Services Bill through Parliament, and it passed into…
