Tag Results
Only one solicitor sent to SDT over referral fee ban as large CMCs thrive
Tuesday, 9 June 2015Only one solicitor has been sent to the Solicitors Disciplinary Tribunal for breaching the ban on referral fees in personal injury cases, it has emerged. Meawhile, the head of claims management regulation said the “biggest CMCs are making more and more money”.
Tags: claims management companies, CMRU, referral fees, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
Number of personal injury CMCs falls below 1,000
Monday, 1 June 2015The number of personal injury claims management companies (CMCs) has fallen below 1,000, it has emerged, down from 2,300 at the start of 2013. Smaller CMCs have been hit hard by ban on personal injury referral fees, the cuts in portal fees and ban on inducements.
Tags: claims management companies, CMRU, Ministry of Justice
Posted in Latest news, Regulation
LeO receives almost 1,000 CMC ‘contacts’ in first three weeks
Thursday, 19 February 2015The Legal Ombudsman has received just under 1,000 consumer ‘contacts’ about claims management companies in its first three weeks of complaints handling, it has emerged.
Tags: claims management companies, CMRU, complaints, Legal Ombudsman, Ministry of Justice
Posted in Latest news, Legal Ombudsman
MoJ announces huge fee rises for claims management companies
Friday, 6 February 2015The Ministry of Justice has announced huge increases in the regulation fees paid by claims management companies. The MoJ said that despite the drop in the number of firms, regulation could not be similarly scaled back.
Tags: claims management companies, CMRU, Legal Ombudsman, LeO, Ministry of Justice
Posted in Latest news, Legal Ombudsman, Regulation
LeO recruits team of 30 to tackle claims management complaints
Wednesday, 28 January 2015The Legal Ombudsman has recruited a team of 30 to deal with the thousands of complaints about claims management companies it will receive from today, it has emerged.
Tags: CMRU, Legal Ombudsman, Ministry of Justice
Posted in Latest news, Legal Ombudsman, Legal Services Act
CMCs which break the rules face huge fines
Wednesday, 7 January 2015Claims management companies (CMCs) which break the rules this year face potentially huge fines – of up to 20% for those with an annual turnover of more than £500,000. Smaller CMCs can be fined up to £100,000.
Tags: claims management companies, CMRU, fines, Ministry of Justice
Posted in Latest news, Marketing & PR, Regulation
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Keeping the conversation going beyond Pride Month
As I reflect on all the celebrations of Pride Month 2024, I ask myself why there remains hesitancy amongst LGBTQ+ staff members about when it comes to being open about their identity in the workplace.
Third-party managed accounts: Your key questions answered
The Solicitors Regulation Authority has given strong indications that it is headed towards greater restrictions on law firms when it comes to handling client money.
Understanding vicarious trauma in the legal workplace
Vicarious trauma can happen to anyone who works with clients who have experienced trauma such as domestic or other violence, child abuse, sexual assault, torture or being a refugee.
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