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NLJ: focus on property

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

Freeths—Ruth Clare

Freeths—Ruth Clare

National real estate team bolstered by partner hire in Manchester

Farrer & Co—Claire Gordon

Farrer & Co—Claire Gordon

Partner appointed head of family team

mfg Solicitors—Neil Harrison

mfg Solicitors—Neil Harrison

Firm strengthens agriculture and rural affairs team with partner return

NEWS
Conveyancing lawyers have enjoyed a rapid win after campaigning against UK Finance’s decision to charge for access to the Mortgage Lenders’ Handbook
The Crown Prosecution Service (CPS) has launched a recruitment drive for talented early career and more senior barristers and solicitors
Regulators differed in the clarity and consistency of their post-Mazur advice and guidance, according to an interim report by the Legal Services Board (LSB)
The dangers of uncritical artificial intelligence (AI) use in legal practice are no longer hypothetical. In this week's NLJ, Dr Charanjit Singh of Holborn Chambers examines cases where lawyers relied on ‘hallucinated’ citations — entirely fictitious authorities generated by AI tools
The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness
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