Latest news
Suspended suspension for boss who bullied junior female staff
A law firm owner who bullied and harassed five junior female colleagues, including taking one to his flat after a Christmas party and asking her for a kiss, has been handed a suspended suspension.
SRA ordered to make interim £200k costs payment to Dentons
The Solicitors Regulation Authority has been ordered make an interim costs payment of £200,000 to global law firm Dentons – but the Court of Appeal questioned the overall costs claimed.
Trial-hungry US law firms “have reshaped UK litigation market”
The investment of US law firms in the UK litigation market is paying off, according to new figures which show them involved in one in five Commercial Court cases.
FCA claims market review to focus on financial services and housing
The Financial Conduct Authority’s review of the claims management market will focus on financial services and products, and housing disrepair, it has announced.
Leading fee-share firm opts for family ownership over PE
The boss of leading fee-share firm gunnercooke has described how the firm brushed off weekly approaches from private equity investors and instead opted for family ownership.
Big City law firms “continuing to fuel the climate crisis”
UK law firms are still deeply entrenched in the fossil fuel industry, despite the growing climate crisis and making claims about sustainability, a new report has warned.
Solicitor struck off for asking client to pay fees into his bank account
A criminal defence solicitor who asked a client to pay his law firm’s fees into his personal bank account has been struck off for dishonesty.
AI and online ‘finfluencers’ making job harder, say private client lawyers
Both artificial intelligence and online influencers are becoming a source of “inadequate, outdated or misleading advice on wills and financial planning”, according to research.
‘Big Four’ fee-share firms become ‘Big Five’ with Lawhive
Fast-growing consumer law platform Lawhive has become the fifth biggest fee-share law firm after more than doubling in size in only a year.
Barrister fined for accusing senior judge of misconduct loses appeal
The High Court has dismissed an appeal by a barrister fined £15,000 for making an “unfounded and serious allegation of misconduct in public office” against a senior judge.
Blog
Accountability has to live within governance, not with one person
The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.
The SRA’s client money reforms: good intentions, questionable execution
On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.
Recruitment, retention and reward in the legal accounts world
Understanding the legal finance market is important – not just for those actively involved in it day-to-day but also for leaders within law firms.
