Company & Commercial
Fast-growing accountancy consolidator launches law firm
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
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
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
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”
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?
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
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
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”
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.
Nearly half of companies swapped external lawyers in last year
Law firms can not assume they have a fixed place on a client’s roster, with 45% of clients changing which practices they allocate work to in the past year, new research has warned.
Blog
When AI becomes a line on the client’s bill
On 23 June, Legora changed how it charges. The platform announced that its most capable product was moving away from a flat per-seat licence fee to consumption-based pricing
Which legal AI will still matter in 12 months?
Four years ago, when senior partners asked me which legal AI they should buy, I would have walked them through a vendor comparison. Now I tell them the question is wrong.
Supreme Court redraws line between member and employee in LLPs
For anyone advising professional services firms on LLP structuring, and of course for those in LLPs themselves, last week’s Supreme Court ruling is an essential read.
