Latest news
Quindell launches legal action over "shorting attack"
Quindell plc has begun legal action against those it believes have co-ordinated a “shorting attack” on its shares, the alternative business structure announced this morning.
Unrecognised pioneers will “reshape the legal industry”, finds Law 2023 study
Firms that are adapting to the way the legal market is changing “will have to face the hard truth that their actions today won’t be understood for years”, an investigation into the future of the law has concluded.
Law Society elects next deputy vice-president as Townsend finds new role
Robert Bourns, senior partner at Bristol-based commercial firm TLT, is to be the next deputy vice-president of the Law Society. Meanwhile, a new role for former SRA chief executive Antony Townsend was announced today.
Fast-growing law firm throws accountancy services into the mix
Fast-expanding multi-office law firm HCB has joined forces with a firm of accountants in a bid to provide “joined-up professional services”. HCB chief executive Mike Gahan has taken a 51% stake in Hatch.
Ratings-driven legal research website goes live
A legal research website which relies on crowdsourcing and ranks content according to user ratings, launched this week. My Learned Friend is backed by £60,000 of funding from a local technology investor.
Would you like a will with your beans? Supermarket law becomes a reality
The prospect of law firms opening offices in supermarkets has become a reality in Canada, with a practice opening three within stores of retail giant Walmart amid plans to take the concept ‘coast to coast’.
Is world’s largest ‘find a lawyer’ service coming to the UK?
The world’s largest lawyer rating website could be heading for the UK after raising £22m in new capital, Legal Futures can reveal. Avvo, a US-based company, applies its proprietorial rating to more than 97% of lawyers in America.
Quindell bids to reassure market after share price plummet
Alternative business structure Quindell plc moved to reassure the stock exchange yesterday after a negative research note sent its share price plummeting. Having started the day at around 40p, Quindell’s shares on AIM fell as low as 17p before recovering somewhat to 23.75p.
High Court overturns “unlawful” Legal Ombudsman decision to cut firm’s fees
The High Court has struck down an “unlawful and irrational” Legal Ombudsman decision to reduce a law firm’s fee and compensate its client for distress and inconvenience.
Rise and rise of DIY probate casts doubt over impact of big brands
The number of applications for grant of probate by personal applicants has risen for the third year running, raising questions about the impact of new entrants to the market, according to new figures.
Blog
Why housing disrepair claims against councils have leapt by nearly 400%
Housing disrepair claims against councils have surged dramatically in recent years, with some areas reporting increases approaching a staggering 400%.
Client accounts: Opportunity, obligation and the risks in between
The profitability gap between well-run firms and the rest is not primarily a function of size, location or practice area – it is a function of financial management.
Motor finance – the FCA is more worried about banks than consumers
The Financial Conduct Authority’s motor finance redress scheme announced last week amounts to one of the largest ever consumer failures by the regulator.
