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
Is your Google Ads budget funding your competitors’ AI visibility?
If your cost-per-click has crept up again this year, you’ve probably assumed the market simply got more expensive. That’s the wrong way to read what’s happening.
Containing the spread of unapproved AI
Nearly 60% of fee-earners admit to using unapproved tools (like free versions of ChatGPT). Yet 68% of firm leaders are confident there is zero risk of unapproved AI being used for client work.
When AI adoption goes wrong, costs add up fast
City AM recently reported that London is fighting to claim the title of ‘global capital of legal AI’. However, it’s crucial we remember that adoption alone does not create value.
