Company & Commercial
Appeal judges reject challenge to litigation funder assignment
Appeal judges have rejected a company director’s challenge against the assignment by an insolvency practitioner of a claim against her parents to a litigation funder.
Appeal court deprecates “act of deliberate concealment” by party
Civil litigation should be conducted “with cards on the table – face up” and the courts should not “sanction an act of deliberate concealment” by one of the parties, appeal judges have ruled.
City firm to pay £1.5m over negligent advice on company sale
City firm Charles Russell Speechlys has been ordered to pay two former clients nearly £1.5m after a High Court judge found its advice on the sale of their company negligent.
Platform aims to “mainstream” standardisation of contracts
A “standardisation-focused legal community platform” has been launched by the team behind oneNDA, the initiative which created a standard non-disclosure agreement used by 600 organisations.
No need for new laws on smart contracts, Law Commission says
There is no need for new legislation on smart contracts because the existing laws of England and Wales can accommodate them, the Law Commission has said.
National firm’s subscription service “will change the way we work”
National law firm BLM launched a subscription service for commercial work this week which it describes as “a long-term project which will change the way we work”.
Litigation analytics firm turns focus on IP
A litigation analytics company is using machine learning to help lawyers predict the outcome of intellectual property cases, in what is believed to be the first move of its kind in the UK.
Fast-growing virtual legal business launches global trade mark service
A virtual legal business based in the UK has launched what it believes to be the first global trade mark search, registration and watching service entirely run by lawyers.
Start-ups boosted by £1.2m investment and top judge hire
PocketLaw, a start-up aiming to provide a one-stop shop for the legal needs of SMEs, has secured further funding of £1.2m, while an online divorce service has named a top judge as an advisor.
Work of company lawyers becoming trickier, says CMA boss
The work of lawyers advising large companies has become harder because clients are not as concerned to protect their reputations as they once were, the solicitor boss of the CMA has said.
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.
