The Court of Protection (CoP) sector is facing pivotal shifts in 2025, driven by landmark legal rulings, rising financial demands, and critical resource limitations. Investors looking for resilient sectors with growth potential should closely monitor these developments. In this insightful exchange, Stacey Bryant, co-founder of Apricity Law, and Dan Stevens of Arbuthnot Latham explore how firms are effectively adapting, why strategic financial partnerships are becoming essential, and the ongoing importance of placing vulnerable individuals at the heart of strategic decisions.
Two significant legal rulings, Lumb v NHS and PW (2), are redefining the CoP landscape and will influence how firms operate. The Lumb decision requires deputies to seek additional court permissions when handling statutory funding, potentially complicating care arrangements. Stacey Bryant emphasises the need for deputies to adeptly navigate this additional complexity to maintain seamless client care.
Simultaneously, the forthcoming PW (2) ruling is raising awareness around conflicts of interest, particularly for firms offering both deputyship services and in-house financial advice. Stacey highlights the imperative for firms to remain vigilant, proactively managing conflicts and prioritising transparency. As these regulations tighten, some firms might need to reconsider existing client arrangements to safeguard trust and compliance.
Strategic financial partnerships have emerged as a critical factor in managing these complex changes. Arbuthnot Latham, under the guidance of commercial banker Dan Stevens, exemplifies how tailored financial solutions can significantly ease operational burdens. Stacey highlights that deep sector understanding, beyond traditional banking services, makes collaboration particularly valuable. Effective financial management, particularly around cash flow and statutory funding amid court delays, is essential for the sector’s stability.
Recruitment remains another significant hurdle, with qualified professionals in short supply, leading to fierce competition among firms. The situation is intensified by considerable delays in court fee approvals, sometimes exceeding a year, creating acute financial stress, especially for smaller firms. Stacey suggests that firms actively embracing innovation, streamlining processes, and enhancing targeted training are better positioned to overcome these challenges, strengthening their competitive advantage.
Despite these complexities, the Court of Protection sector remains fundamentally human-centred, prioritising the welfare of protected parties. Stacey underscores that this human connection continues to drive resilience, innovation, and adaptive strategies across the sector, from small boutique firms to larger practices. The passion and dedication of professionals within the sector underpin its enduring strength and continued evolution.
In summary, Apricity Law is a specialist Devon-based firm focused exclusively on Court of Protection matters, dedicated to serving vulnerable clients with expert, compassionate legal care.
Arbuthnot Banking Group PLC (LON:ARBB), trading as Arbuthnot Latham, provides private and commercial banking products and services in the United Kingdom. Founded in 1833, Arbuthnot Banking is based in London, United Kingdom.