Legal News

Private equity house invests in two law firms in quick succession

A private equity house has acquired stakes in two law firms in quick succession – one specialising in conveyancing and the other in private prosecutions.

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ATE insurer settles action over failed consumer claims for £48.5m

Legal expenses insurer AmTrust has paid £48.5m to settle a claim brought by the disbursement funder owed money following the collapse of Pure Legal and High Street Solicitors.

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Irwin Mitchell sells off £10m debt recovery business

Irwin Mitchell is selling its debt recovery business as it focuses on core legal services, kicking off the latest round of law firm deals.

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Solicitor fails in challenge to suspension over litigation misconduct

The High Court has rejected an appeal by a solicitor suspended for a year for engaging in “persistent, abusive litigation conduct”.

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Blog


Strong AML controls are meaningless with incomplete data

One expectation as the FCA takes control of anti-money laundering oversight is a move towards more supervision rather than simply writing new rules.


Navigating the legal AI productivity-profitability paradox

Firms are achieving efficiencies through AI, especially in the practice of law. Yet many are struggling to see that reflected in their financial outcomes


Regulation, growth and access to justice: why legal services need a reset

Well-intentioned consumer protections embedded in the regulation of legal services increasingly act as barriers to innovation, competition and access to justice.