The new fees are based on 5% of the claim’s value for all claims over £10,000 and could lead to an increase in costs by more than 600% for high value cases. Law firm Bond Dickinson believes that the increased…read more
Fewer firms fail to renew professional indemnity insurance
The number of law firms failing to renew their professional indemnity insurance (PII) has fallen by nearly 70% The Solicitors Regulation Authority Board said that 49 firms entered the ‘cessation period’ after failing to renew their PII as at 6…read more
Negligence cover-up claim thrown out by court
Property developers have failed in a bid to prove that a Yorkshire law firm covered up evidence of negligent advice. Mr and Mrs Chandra and BPC Hotels, claimed that partners of Brooke North destroyed or removed documents which proved they…read more
Accountant not liable for tax blunder
A firm of accountants which failed to advise its client about a change in tax law has successfully defended a negligence claim as its client did not suffer any loss as a result. This is a further example of a…read more
