Recovery First News

How to Sell a Law Firm

How to Sell a Law Firm

How to Sell a Law FirmSelling a law firm is not as simple as most other business sales and purchase. All sales of law firms must be SRA compliant and must take into consideration a number of factors, such as informing clients of the sale of the practice and dealing...

The New Whiplash Reforms and Their Impact on PI Firms

The New Whiplash Reforms and Their Impact on PI Firms

The New Whiplash Reforms and Their Impacts on PI FirmsWhat Are the New Whiplash Reforms? The new whiplash reforms are new measures which have been introduced by the Government to change how whiplash claims are handled in England and Wales. The Civil Liability Act 2018...

Challenges Facing the Legal Sector in 2020

Challenges Facing the Legal Sector in 2020

Challenges Facing the Legal Sector in 2020The legal profession has been faced with many obstacles over the past decade, with many changes and new law reforms being introduced. Legal Aid cuts, the introduction of the Jackson Reforms, and new fixed costs regimes, which...

Why Greater Pain for Creditors When Legal

Why Greater Pain for Creditors When Legal

Why Greater Pain for Creditors When LegalLegal sector analysis highlights expected outcome significantly worse for legal firms than any other sector when an insolvency process is required. David Johnstone, managing director at Recovery First, explains why. Recent...