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


Information isn’t oversight – lessons from the PM Law review

The PM Law review’s real findings perhaps point to a failure mode applying to any organisation sitting on scattered risk information.


AI can do the work but it cannot inherit the lawyer’s duty

What happens when lawyers delegate cognitive work to AI but remain personally responsible for judgements they may no longer have independently reasoned through?


How to make work experience meaningful

When I had the pleasure of work experience, I made tea, collected lunch and mostly watched someone work. I didn’t bother with the last three days. I am not sure they noticed.


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