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Lack of confidence “the biggest barrier to social mobility”
Lack of confidence is the biggest barrier to social mobility in the law, according to a founder of the City Solicitors Horizons scheme, which celebrates its 10th anniversary this week.
Decade of first listed law firm and now 10 years of revenue growth
Gateley has marked the 10th anniversary of becoming the first listed law firm in the UK with another year of growth in revenue, which is now three times that of its pre-float level.
Birss: Accreditation of experts “could be extended beyond PI”
“Further forms” of accreditation for expert witnesses beyond the existing MedCo scheme in personal injury could be “worthy of consideration”, the deputy head of civil justice has said.
Law Commission reform to aid conveyancers with chancel repair
The Law Commission is planning to take one burden off conveyancers’ shoulders by removing doubts about chancel repair liability and the need to take out insurance.
Legal regulators advise MPs on changing code of conduct
The chief executives of the Solicitors Regulation Authority and Bar Standards Board yesterday recommended MPs adopt a principles-based approach to regulating outside interests.
Firms, not solicitors, to feel impact of 11% rise in cost of practising
The cost of practising as a solicitor is set to increase by 11%, or £16.6m, in the next year, although the financial impact will be felt by firms rather than individuals.
Disciplinary tribunal fines law firm £58,000 for AML breaches
The Solicitors Disciplinary Tribunal has fined an East London law firm £58,000 for anti-money laundering rule breaches over a six-year period.
Law firm in CAT case calls for £6m charity donation
The law firm acting for the claimants in the boundary fares collective action has called for a donation of £5-6m from unclaimed damages to the Access to Justice Foundation.
Big rise in complaints about SRA’s handling of intervention files
The number of clients complaining to the Solicitors Regulation Authority about its failure to retrieve their documents after it shut down a firm has shot up by over 50%.
Average settlement time in whiplash portal shoots up to 609 days
The average time for a low-value motor claim to settle in the Official Injury Claim portal has risen to an extraordinary 609 days – some 20 months.
Blog
Why upfront information could transform home buying
The success of upfront property information will depend on more than simply making the information available.
AI risk: What law firms must now demand from vendors
AI systems ingest, transform, infer and generate. Treating them as equivalent to document storage or workflow tools is a category error.
Why mid-sized firms are the most interesting story in UK legal right now
Mid-sized law firms are facing a set of decisions about structure, technology and growth that will define where they sit in the market for the next decade.
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