Latest news
“An unprecedented number of investors are looking at law right now”
In the second part of this interview, Will Evans, who leads the professional services team at Arrowpoint Advisory, talks about the next steps for private equity investment in the law.
Solicitor breached undertaking and loaned client cash to correct it
A solicitor who paid away proceeds of a property sale in breach of an undertaking and then loaned the client the money to make up the shortfall, has been fined for misconduct.
Regulators failing to support good-quality immigration work
Poor-quality immigration legal aid work is having “devastating consequences” for clients and better support from the Solicitors Regulation Authority would help, a report has found.
Private equity investors eyeing the full-service law firm model
We talk to Will Evans, a managing director at Arrowpoint Advisory, about how private equity activity in the legal market has sped up in recent months and looks set to continue.
OFSI: Lawyers’ sanctions failures mainly down to licence breaches
Most sanctions non-compliance by UK legal services providers is due to breaches of Office of Financial Sanctions Implementation licence conditions, it has revealed.
“Logjam” of old High Court cases “blocking new disputes”
A “logjam” of old cases at the High Court, with more than a quarter of cases taking up to three years to resolve, could be the reason for a “slight drop-off” in new actions last year.
Chartered legal executives could get standalone litigation rights
CILEx Regulation has launched plans for chartered legal executives to obtain standalone rights to conduct litigation without having to seek rights of audience at the same time.
Revealed: US grants first ABS licence to overseas law firm
Shine Lawyers, the Australian-listed personal injury and class action law firm, has become what is thought to be the first foreign firm to obtain an ABS licence in the USA.
Assistant solicitor fined for costly undertaking failures
An assistant solicitor whose failure to comply with an undertaking in a property transaction cost his firm’s insurer £440,000 has been fined £5,500.
Gender disparity in publicly funded advocacy – only CPS making progress
Efforts by the Crown Prosecution Service to ensure it allocates work more equitably between the sexes are slowly bearing fruit, a new analysis has shown.
Blog
The SRA needs to admit it got it wrong about SLAPPs
The High Court judgment in Ashley Hurst v SRA in January raises serious questions about the regulator’s approach to allegations of SLAPP-like behaviour.
Why menopause support belongs on every law firm’s agenda
Progression in the law slows significantly as women approach senior leadership. Most will be at the height of their careers around the average age menopause symptoms begin.
Law firms need to go beyond document checks
At the root of every failed compliance review is a familiar phrase: a calm assertion of “but we did a document check”.
