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16 September 2010 / Dr Jon Robins
Issue: 7433 / Categories: Opinion , Public
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Blue sky thinking or hot air?

If we are both a nation of animal lovers and a nation of serial litigators, what does it say about our attitude towards risk that we’re happy to fork out £12 a month on an insurance policy to cover our cat’s vet fees but not willing to pay to cover the risk of being sued?

If we are both a nation of animal lovers and a nation of serial litigators, what does it say about our attitude towards risk that we’re happy to fork out £12 a month on an insurance policy to cover our cat’s vet fees but not willing to pay to cover the risk of being sued?

In a recent survey commissioned by the legal research company Jures, 2,000 consumers were asked if they were willing to pay the relatively modest premium of £75 a year for an insurance policy that covered all unforeseen legal needs (in the same way as they might buy an annual travel insurance policy). Only one in seven  said they were interested.

Ministers

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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