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solicitors and barristers how is business?

77 replies

andhessixfeetten · 08/04/2020 19:58

I thought work would drop off a cliff two weeks ago (business lawyer) but thankfully so far it hasn't happened.

There are some pretty dramatic chances going on for the clients, some good and some bad, but so far their need for me seems steady.

How are others finding it?

OP posts:
jamtomorrow1 · 13/04/2020 09:20

Professional discipline and crime. Fortunately I've got a VHCC with a lot of prep to work on from home otherwise would be pretty empty at the moment, and my husband doesn't work so was initially pretty worried about the mortgage. Colleagues in chambers are doing interim and review hearings at various regulators by video conferencing.... although most of the regulators' rules don't actually allow for it so pretty dubious really.

I was supposed to be going back from mat leave in March starting with two back to back two-month hearings so am actually quite relieved by the whole thing. Anyone else secretly quite enjoying working from home?

Needmoresleep · 13/04/2020 09:52

Not a lawyer, but the wills and estate lawyer handling my mother's probate has been furloughed.

I am not that pleased that after handling my mother's affairs, which essentially meant running a business, for almost a decade, her will specified that a partner in a local law firm should be Executor. Work was passed to someone more junior, who slowly got through it. (The impression was that she had loads too much to do, so was very slow to respond to things, though perhaps my expectations were based on working with ultra efficient city firms. Oddly their hourly rate was not much lower. ) Its been a pain. The Executor inevitably has appointed people in their own firm to give other advice, and the employment advice was so clearly wrong I had to get a second opinion and indemnify the executor and fund the settlement myself. (Hopefully I get it back when the estate is divided.) My accountant then found an error in the probate figures which would have added £250,000 to the IHT tax bill. Now a legal executive has taken over, who had no idea that there is on-going commercial activity within the estate.

Surely wills and probate, in a town with a very high proportion of elderly, is not an area which needs Government support?

There may be a slowdown now, but they will be coining it once things lift.

Not really a rant.. I am beyond the stage of caring. If I had been executor, papers could have been in within a month.

If anyone on the thread, @Mumblechum0 perhaps, knows of anyone who understands the ins and outs of IHT, more probably an FCA , could they PM me as I could do with some advice. The solicitors seem to take the view that they work for the estate, they file the papers, and they then dispose of the assets. and divide the cash. They have now agreed to consider me acquiring some of assets, motivated in part by me wanting to prevent them charging fees for years, but my accountant has said that I need to be very careful about how it is structured. (Like most good professionals he is also aware of the limits of his knowledge.)

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