Company & Commercial


Listed law firm plans to double in size as it hits £150m revenue

9 July 2024

Listed law firm Knights is planning to “double the business in medium term” as revenue hit £150m for the first time, although net debt rose to £35m.


Fast-growing accountancy consolidator launches law firm

17 June 2024

A private equity-backed accountancy firm that has built a £130m practice in just 16 months has now launched a law firm too.


City solicitor’s tech start-up receives $6m funding boost

3 June 2024

A start-up that creates visual models of complex legal transactions, set up by a former City solicitor, has announced a $6m funding boost, led by American investors.


Judge strikes out £68m negligence claim against law firm

25 April 2024

A High Court judge has struck out a £68m negligence claim against a law firm brought by companies in liquidation as a result of failed property development schemes.


Insolvency law “entirely capable” of dealing with digital assets

24 April 2024

English insolvency law is “entirely capable of convenient and sensible application to disputes concerning digital assets”, an expert panel has declared.


$1.8m negligence claim against City law firm “must go to trial”

16 April 2024

A businessman’s $1.75m negligence claim against City law firm Clyde & Co for allegedly failing to advise him properly on the risk of an anti-suit injunction “must go to trial”, the High Court has ruled.


Were lawyers complicit in Post Office’s corporate governance failures?

8 January 2024

A solicitor who acted for three wrongly convicted sub-postmasters has questioned whether lawyers advising the Post Office’s board were more motivated by continuing the retainers.


High Court strikes out top footballer’s negligence claim against law firm

4 December 2023

The High Court has struck out a £6m negligence claim brought by a former Premier League footballer against City firm Charles Russell Speechleys.


Specialist lawyers publish free AI contract clauses

26 October 2023

The Society for Computers and Law has launched a set of free contractual clauses for transactions involving artificial intelligence.


Law Commission wants digital assets to be “third category of thing”

28 June 2023

The Law Commission has called for new legislation to create a “third category of thing”, which is neither “a thing in action nor a thing in possession” but could include certain digital assets.

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Blog


Five reasons why diversity and inclusion are important in law firms

Diversity and inclusion, along with equality and equity, are increasingly common terms we encounter in professional life. This is why you should prioritise them to reap substantial rewards.


Keeping the conversation going beyond Pride Month

As I reflect on all the celebrations of Pride Month 2024, I ask myself why there remains hesitancy amongst LGBTQ+ staff members about when it comes to being open about their identity in the workplace.


Third-party managed accounts: Your key questions answered

The Solicitors Regulation Authority has given strong indications that it is headed towards greater restrictions on law firms when it comes to handling client money.


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