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Legal Article

Guideline hourly rates to increase from 1 January 2024

01 Dec 2023

It has been announced by the Master of the Rolls that the Guideline Hourly Rates (GHR) are due to rise in January 2024. The new rates set out below will apply to work carried out from the 1 January 2024. The previous rates are in brackets. Grade Fee Earner London 1…

Insurance

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Legal Article

Guideline Hourly Rates are due to rise in January 2024

30 Nov 2023

It has been announced by the Master of the Rolls that the Guideline Hourly Rates (GHR) are due to rise in January 2024 and will apply to work carried out from the 1 January 2024. So far the actual figures have not been set so watch this space for more details. They are expected in the next couple of…

Insurance

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Legal Article

Forbes Launches a new Fixed Recoverable Costs Calculator

29 Nov 2023

As we have reported before , a new regime for Fixed recoverable Costs came into effect on the 1 October 2023. The general rule is that it applies to cases worth up to £100 000 issued on or after that date. But for personal injury claims it will apply to causes of action arising on or after the…

Insurance

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Legal Article

Reshoring and Commercial Property

28 Nov 2023

It is no small task for manufacturers to reshore all or part of their operations. The challenges that face a manufacturer in doing so are numerous. One of the main reshoring logistical challenges centres around the commercial property portfolio from which those operations are going to take place.…

Commercial Property

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Legal Article

Minimum wage rates increase announced from 1st April 2024

22 Nov 2023

The Government announced on the 21st November 2023 that it has accepted the Low Pay Commission's (LPC) recommendation on minimum wage rates to apply from April 2024. The Low Pay Commission is an independent body made up of employers, trade unions and experts whose role is to advise the Government on…

Employment & HR

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Legal Article

Leasehold Reforms - The Latest from the King's Speech

22 Nov 2023

We have seen the Leasehold Reform (Ground Rents) Act 2022 come into force, restricting ground rents in new long leases (unless excepted) to a peppercorn rent. But what of the other leasehold reforms we have been hearing of that seem to be making slow progress? Within the King's Speech on 7…

Housing & Regeneration

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Legal Article

Asset Sale vs Share Sale

17 Nov 2023

When it comes to selling a business, the seller and buyer must decide how the business is to be sold. The two main ways are either a share sale or asset sale. While both transactions broadly achieve the same commercial objective, there are fundamental differences in legal effect. Share Sale A…

Corporate

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Legal Article

What are warranties and indemnities?

17 Nov 2023

When buying or selling a business you will enter into a purchase contract. The contract will contain different clauses depending on whether you are purchasing the shares of a company or whether you are purchasing the assets of a business. However, it is common for the purchase contract to contain…

Corporate

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