Latest news
Half of partners “don’t understand catastrophic personal consequences” of law firm failures
Half of partners do not fully understand the potentially “catastrophic” personal consequences of their firm getting into financial difficulty, new research has warned. Baker Tilly said individual partners in firms “can no longer expect that being a good lawyer is good enough”.
Government promises to break impasse on CMC complaints handling
The government has pledged in Parliament to “make every effort” to end the impasse and enable complaints against claims management companies to be handled by the Legal Ombudsman, more than a year after it committed to the move.
Slater & Gordon proves ambition to be consumer law powerhouse with £33m Pannone deal
Slater & Gordon will have more than 5% of the UK personal injury market, and number one or two market share position in most consumer law practice areas, it claimed today after announcing details of its long-awaited acquisition of Manchester firm Pannone.
The PI firm with huge growth plans that aims to be “last man standing” post Jackson
A north west personal injury law firms plans to more than double in size, invest in a new £7m landmark office building as part of its employee retention policy, and open branch offices in the Middle East and Asia.
SRA decides against testing thousands of firms for financial stability
The Solicitors Regulation Authority has decided against testing the financial stability of thousands more law firms despite concerns about how widespread problems are in the profession, it announced yesterday.
Brilliant Law seals deal with top broker network
Alternative business structure Brilliant Law has scored a major affinity deal by teaming up with leading broker network Keychoice. Meanwhile, a law firm has received a £50,000 grant from the Welsh government to launch a legal e-commerce service.
Thousands of 'right to buy' negligence cases piling up against conveyancers
Law firms are facing thousands of claims for professional negligence over their involvement in ‘right to buy’ work, it has emerged. Last week the judiciary issued a new right-to-buy practice direction to deal with the potential deluge of cases.
Latest SRA move to slash red tape could boost number of training contracts
Much of the red tape around the training of solicitors would be swept away if proposals before the Solicitors Regulation Authority are adopted, including abandoning a ceiling on the number of trainees firms are allowed to take on.
SRA shows muscle with referral fee ban investigations
The Solicitors Regulation Authority has launched “forensic investigations” into 10 law firms that may have breached the personal injury referral fee ban, in a move that will be seen as a warning to the profession. Meanwhile, 141 firms without indemnity insurance are heading for closure.
BSB closes “anomaly” that would have forced barristers to accept VHCC fee cut
The Bar Standards Board has moved to close a “regulatory anomaly” that would have temporarily seen barristers forced to accept the controversial new legal aid rates set by the government for very high-cost cases (VHCCs).
Blog
Small steps, big impact: how SME law firms are making legal tech work
For SME law firms, the priority is turning the potential of tech into measurable impact: success is driven not just by the technology, but by how firms approach planning and implementation.
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.
