Latest News

More dire results for Slater & Gordon as it admits survival depends on lenders

Andrew Grech 2

Slater & Gordon will not be able to pay off the bank debt that falls due next year and will need the continuing support of its lenders “to continue as a going concern”, it admitted today while unveiling more disastrous financial results that showed a 38% fall in income in the UK.

February 27th, 2017

In-house lawyer wins tribunal agreement to remove practising restrictions

accounts

The head of a council’s child protection legal team has successfully removed all the conditions on his practising certificate imposed by the Solicitors Regulation Authority in the wake of a finding against him by a disciplinary tribunal.

February 27th, 2017

Magic circle firm adopts AI to simplify complex compliance issue

Charles Morris Clifford Chance

Magic circle law firm Clifford Chance has for the second time in four months deployed artificial intelligence in a standalone product aimed at assisting clients to comply with complex regulatory changes. It has devised an online tool to enable financial institutions to make sense of MiFID2.

February 27th, 2017

Legal Futures Report

 

This Legal Futures roundtable report, published in association with Thomson Reuters, looks at what SME law firms are doing to grow their profit margins at a time of economic uncertainty and ever-greater competition. What was so striking about the debate was that despite the very different practices represented around the table, the approach was largely the same. Putting a few lawyers around a table invariably produces a stimulating and challenging discussion, and this was no different.

Legal Futures Blog

Rating lawyers by their wins and losses – a good idea?

Robert Ambrogi

Lawyers will give you any number of reasons why their win-loss rates in court are not accurate reflections of their legal skills. Yet a growing number of companies are evaluating lawyers by this standard – compiling and analysing lawyers’ litigation track records to help consumers and businesses make more-informed hiring decisions. The shortcomings of evaluating lawyers by win rates are many. Not least of them is that so few cases ever make it to a win or loss. Of equal concern is that, in the nuances of law practice, it is not always obvious what constitutes a win or a loss.

February 22nd, 2017