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17 September 2021 / John Gould
Issue: 7948 / Categories: Features , Profession , Regulatory
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Can you still trust a solicitor to keep a promise?

57448
When is an undertaking not an undertaking? John Gould reports on the wake-up call sounded by the Supreme Court in Harcus

The Supreme Court’s decision in Harcus Sinclair LLP and another v Your Lawyers Ltd [2021] UKSC 32, [2021] All ER (D) 87 (Jul) has caused something of a stir. Commentators have hurried into print to alert their readers to the risk that undertakings from incorporated law firms might not now be as gold-plated as they thought because the summary enforcement mechanism through the court which applies to individual solicitors as ‘officers of the court’ doesn’t extend to corporates.

The decision in Harcus highlights various issues, but is not, in fact, the earth-shattering event some have claimed.

The court’s lack of an inherent supervisory jurisdiction over corporate law firms has been pretty clear since the Court of Appeal’s judgment in Assaubayev v Michael Wilson & Partners Ltd [2014] EWCA Civ 1491, [2014] All ER (D) 239 (Nov). At the risk of a lack of humility,

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MOVERS & SHAKERS

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

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The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
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