Profit is continuing to rise at Co-operative Legal Services (CLS), half-year results published today have revealed. In the first six months of 2016, sales rose 10% to £11m, and it made a £1m profit – having broken even during the same period of 2015.
Criminal defence work is still beset by the “corrupt practices” of a minority of solicitors, as well as law firms sending incompetent in-house advocates to court – instead of instructing counsel – because of the financial benefits, the chairman of the Criminal Bar Association has claimed.
The Solicitors Regulation Authority has revealed that it is investigating law firms involved in “dubious” high-yield investment schemes – and promised to close down those practice involved in them “urgently”. It said these schemes were costing consumers “many millions” of pounds,
Legal Futures Blog
Tech is famous for its shorter and shorter hype cycles. Robot lawyers were all over the twitters only a few months ago and now people actually yell at you for even mentioning the thing. Of course, robot lawyers should not even have surfaced in the first place because no one is remotely close to building them. Lawyers should not fear for their livelihoods. But there is something that is much more important than robot lawyers. It’s robot clients. Or at least the proliferation of machines, automated transactions, and standardized processes where lawyers once controlled the terrain.