Lawyers are losing out on £4bn worth of business from SME’s each year because of a lack of transparency over cost and scope of the services they provide according to the latest research from The Law Superstore.
The Law Superstore is the UK’s first legal comparison website, which is launching to consumers in August, it analysed the top twenty business legal services by volume of google searches to estimate the potential market.
According to the Legal Services Board 40 per cent of SME’s have a legal issue every year but only one fifth of those with a legal issue consult a solicitor, which means 80 per cent of businesses who have a legal need each year do not engage a solicitor.
The research revealed Data Protection Advice was the most widely searched for term on google with an estimated latent value of £372m to the legal sector, followed by comprehensive company formation with an estimated latent value of £560m.
In the largest ever survey of legal needs in England and Wales, more than 8,000 people responded to questions about how they dealt with a range of legal issues. The survey was conducted by Ipsos MORI for the Law Society and the Legal Services Board.
BASC, the UK’s largest shooting organisation, has welcomed the introduction of the firearms provisions contained in the new Policing and Crime Bill placed before parliament today. The new provisions provide an opportunity to clarify areas of the law which would benefit those who shoot.
A judge has ruled that lightning strikes are NOT a valid excuse for airlines to avoid paying flight delay compensation.