A claimant was unable to call any witnesses in a negligence case against an insurance broker after its solicitor failed to serve witness statements on time. The Court of Appeal has decided that a judge’s ruling preventing the witnesses evidence…read more
Valuation margin for error reconfirmed by the High Court
The margin for error in property valuation negligence cases can only exceed 15{0a6a65c996ed4169444354e707b897cdb00dbefc1d0429e8febb9bf11027ba53} in the most exceptional circumstances the High Court has confirmed. The decision is still good news for surveyors who can be confident that the courts will at…read more
Review may cut the cost of defending a legal action
High legal costs for firms taking or defending professional indemnity claims may fall, following a review of fixed recoverable costs to be led by Lord Justice Jackson. The review, which will be completed by July 2017, will recommend whether to…read more
Advisers face liability claims throughout their retirement
More than eight out of ten financial advisers are concerned about the risk of negligence claims in retirement. Eighty five per cent of respondents to the Association of Professional Financial Advisers’ (APFA) latest ‘Cost of Regulation’ survey said that the…read more
Industry pledge designed to reduce construction disputes
A ‘Conflict Avoidance Pledge’ designed to help the industry to reduce the cost of disputes on infrastructure projects will be developed following an agreement by the UK’s leading construction and engineering professional bodies. The pledge will commit signatories to implement…read more
