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28 May 2019
Issue: 7842 / Categories: Legal News , Profession , Property , Insurance surgery , Insurance / reinsurance
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NLJ: focus on property

For property solicitors, the intricacies of legal indemnity insurance ‘can often get lost in translation’, says legal indemnity executive and former underwriter Chloe Mulroy.

She fields daily calls from solicitors with queries about policies, and summarises these questions and concerns in this week’s NLJ property supplement.

Meanwhile, barrister Veronica Cowan examines how rogue managing agents can cause delays in leasehold conveyancing, and tax consultant David Hannah asks why solicitors are getting their Stamp Duty Land Tax sums wrong. Could it be time for conveyancing and taxes to go their separate ways, Hannah asks? He reports ‘growing murmurs’ of divorce unless simplification of this increasingly complicated tax takes place.

Also appearing in the property supplement, Sheila Kumar, chief executive of the Council for Licensed Conveyancers, talks about a proposed cut in practising fees, and defence barrister Jessica Sobey explains why estate agents can be a crucial line of defence against money laundering.

 

MOVERS & SHAKERS

NLJ Career Profile: Stephen Ward, The Barrister Group

NLJ Career Profile: Stephen Ward, The Barrister Group

From mowing lawns to life at the Bar: Stephen Ward reflects on an unconventional career

Clarke Willmott—Ben Loosemore

Clarke Willmott—Ben Loosemore

Commercial property partner joins Clarke Willmott in Southampton

Ellisons—Robert Tiffen

Ellisons—Robert Tiffen

Robert Tiffen joins Ellisons as Partner in growing Norwich office

NEWS
The Law Society RFC Festival of Sport returns next month, bringing together legal and financial services professionals for one of the sector’s largest annual sporting events
Legal aid deserts leave almost one in four without adequate access to justice
The Solicitors Regulation Authority (SRA) has warned solicitors and law firms that using artificial intelligence does not alter their professional obligations, amid concerns over inaccurate legal material and client confidentiality
From forgotten interest claims to case-management appeals, a string of procedural developments offers useful—and occasionally cautionary—lessons for practitioners

Jonathan Fisher KC highlights that it now accounts for around 40% of criminal offences, with roughly 70% involving technology, and argues that the UK cannot simply prosecute its way out of the problem. Detection, investigation and prosecution all require improvement, while different fraud types demand tailored responses.

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