Tuesday, November 18, 2014

Legal Advice Online - for FREE...? Really??

In an increasing trend law firms seem to be offering their services for virtually no cost in an attempt to engage with consumers and sell them something today tomorrow or sometime soon.

Maybe its an enticement to get people through the doors but you have to wonder how firms that do this actually make money.

I do like the wise old legal advice owl shown here though; www.online-legal-advice.co.uk - clever!!

Rob Terry steps down as chairman of Quindell

Following a flurry of media activity aimed at explaining why Rob Terry and others borrowed money to buy back shares in Quindell, the man himself has quit. This has left many questions unanswered but one question did pop up on an FT.com blog post today.

What would the Solicitors Regulation Authority (SRA) do if a firm like Quindell ever went under..?

They own law firms that manage up to 100,000 claims between them. How would the SRA cope if this type of ABS entity went belly up..? I can only imagine and let us hope that it never comes to pass.