Company & Commercial
Lawyers call on Law Commission to confirm new crypto approach
A coalition of 11 law firms has called on the Law Commission to confirm a provisional conclusion on the approach courts should take on jurisdiction and crypto-assets.
Practising barrister named a tax avoidance promoter in HMRC first
A practising barrister has for the first time been added to HM Revenue & Customs’ list of tax avoidance promoters.
Solicitors condemn HMRC plans for “deemed waiver” of privilege
Solicitors have condemned plans by HMRC to introduce a “deemed waiver” of privilege where tax avoidance scheme are marketed as being supported by a legal opinion.
Law firms look to offer clients AI assurance services
Law firms are in the race to offer companies artificial intelligence (AI) assurance services, according to a specialist AI and data lawyer.
Law firm to pay 10% of commercial fees into social justice fund
A well-known London law firm has launched a fund to receive 10% of the firm’s fees from non-contentious commercial work and then hand over the money to two legal charities.
UK lawtech firm raises $30m to expand use of agentic AI
A lawtech contract specialist has raised $30m in Series B funding to further develop its use of agentic artificial intelligence as it expands outside the UK.
Three out of 10 GCs plan to cut spending on external lawyers
Nearly three out of 10 corporate general counsel plan to cut spending on external lawyers – the highest proportion since 2020, a report has found.
City giant seeks to shift blame for errors that cost client £83m
City giant A&O Shearman can make the argument that others were to blame for a mistake that has so far cost its client Nationwide £83m, the High Court has ruled.
Law firm owned by accountancy consolidator to become ABS
The law firm set up last year by a fast-growing accountancy consolidator has applied to become an alternative business structure so as to expand its range of services.
Law firms urged to put ethics at heart of deciding who to act for
Law firms should adopt a ‘legitimate provenance of wealth test’ when taking on clients as part of an ethics-based approach that goes beyond legal or regulatory tests.
Blog
Divorce escrow: asset sales before final settlement
When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.
AML lacks clarity – and standards are suffering
If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.
The power of participation for trainees and apprentices
It’s important as a trainee or an apprentice to get involved in the life of your firm – even under the pressure of discovering how to navigate professional life and now the demands of the SQE.
