Professional negligence claims brought against law firms in the High Court have almost tripled in the last year, jumping to 418 in 2013/14, according to City law firm RPC. Many claims involved property and conveyancing disputes and include subprime mortgage lenders as the claimants. RPC attribute the sharp rise to the impending deadline for claims arising from losses sustained during the 2008 financial crisis. Claimants have six years in which to launch claims.
10 December 2014
Surge in negligence claims
MOVERS & SHAKERS
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NEWS
Lawyers have welcomed the Lord Chancellor’s reverse-ferret on jury reforms, but expressed ‘serious concerns’ about the decision to exclude fraud trials
From ‘rats in the robing room’ to ‘overworked’ judges and a shortage of court staff, barristers have aired their concerns about the state of the justice system
The use of agentic artificial intelligence (AI) poses ‘significant risks’ across the justice system, public services and government, and current regulation is ‘poorly suited’ to control it, experts have warned
The solicitors’ regulator has paused controversial plans to exclude owner-managers from compliance officer roles
The government has launched a £16m legal support grant to support 48 frontline legal advice organisations supporting people facing eviction, problem debt, benefit disputes and family breakdown
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