News

Avoiding SRA Intervention: How we Helped an IP with the Closure of a FirmRecovery First provides a complementary service for professional advisers, such as insolvency practitioners and accountants who are assisting law firms in exiting a market. Law firms may make the...

Recovery First: A Complemenary Service for Professional AdvisersRecovery First was launched back in 2012 to help personal injury law firms exit that sector of the legal market following the Jackson Reforms in April 2013. These reforms had a significant impact on the...

Budget 2021: Stamp Duty Holiday Extended - Good News for Property LawyersIn March 2021, Rishi Sunak announced the 2021 budget in which he extended the stamp duty holiday, which was due to end on 31 March 2021. The holiday has now been extended until 30 June 2021 for...

Retiring and Restructuring Solicitor Firms: Exiting a MarketRecovery First helps law firms withdraw from specific sectors of the legal market, most commonly the Personal Injury sector, whilst ensuring maximum value is retained by the law firm. We work alongside...

Guideline Hourly Rates: ABS Co Ltd V PantaenuisGuideline hourly rates Solicitor's hourly rates have been the subject of debate for some time now. The main reason for this being that the current rates were fixed in 2010, and many have argued that they are no longer fit...

Whiplash Reforms: How Are Firms Preparing?The law relating to low value road traffic accident (RTA) claims in England and Wales is changing on 31st May 2021, with an online portal system being introduced. This new portal will allow persons injured in a road traffic...