We have done our best to ensure the information contained on the website is correct and up to date. However, it may become inaccurate over time, perhaps due to changes in the law. We do not accept responsibility for mistakes or omissions or other errors. It is also likely that some of the information is a simplification of complex areas of law.
Therefore please do not place any reliance on the information given. If you do so this will be entirely at your own risk. Quality Solicitors Organisation Ltd (‘QS’) and all QualitySolicitors law firms, exclude all liability (to the extent permitted by law) for any losses suffered by you whether directly or indirectly as a result of or arising from your use of this website.
Please also note that the information contained is based on the laws of England and Wales, the laws and regulations will usually be different outside England and Wales.
Links to other websites are provided for your convenience. These are not operated or controlled by us. We cannot accept any responsibility for any losses or penalties incurred as a result of your use of any of the links.
The intellectual property rights on all material on our website (content and design) are owned by Quality Solicitors Organisation Ltd, unless otherwise stated. All rights are reserved. You are welcome to use this website for your personal, non-commercial use. Any other use requires our express written permission in advance.
Barnardo’s is a charity registered in England and Scotland, nos. 216250 and SC037605. Barnardo’s name and logo are trademarks, owned by Barnardo’s, all unauthorised use of these is prohibited.
Each member firm also has its own complaints procedure. If you wish to make a complaint about a member firm or the legal advice received, please contact the firm which advised you directly.
If you have any complaints about the service provided by QS head office please follow our complaints procedure set-out here.
Parkinson Wright LLP Interest Policy
Interest will be paid when we hold money in our client account and when we believe it is fair and reasonable to do so.
We are not required to pay interest:
- On money held for the payment of professional disbursements, once counsel etc. has requested a delay in settlement.
- On money held for the Legal Services Commission.
- On an advance from us into our general client account to fund a payment on behalf of the client in excess of the funds already held for the client.
- If there is an agreement to contract out of the provisions of rule.
The amount paid will be a fair and reasonable sum calculated over the whole period for which money is held.
We will take into account the amount held, the length of time for which cleared funds were held, the need for instant access, the rate of interest payable on an instant access account at the Bank of Scotland.
Interest will only be paid if the interest calculated is above £20.
Interest will be calculated and paid once the matter has been concluded.
We will review the interest rates quarterly and also whenever the Bank of England changes its Bank Base Rate.
All client money whether general client funds or designated deposit funds, will be held on instant access terms unless otherwise instructed.
In accordance with the Law Society guidance, if the bank in which we hold funds should fail we reserve the right to disclose to the FSCS the names and other details of clients whose money is held there in order for those clients to claim compensation up to the applicable limit, currently £75,000.
We will not be liable for any loss suffered as a result of any act, omission, fraud, delay, negligence, insolvency, or default of any bank, financial institution, clearing or payments system nor that of the directors, officers, employees, agents or representatives of any of the foregoing.
This policy will be reviewed from time to time to ensure the over-riding objectives are met.