Latest news
Barristers blame solicitors for falling standards of criminal advocacy
Deteriorating standards of criminal advocacy are having an impact on the administration of justice – with solicitor-advocates to blame, a Bar Standards Board survey has claimed.
Exclusive: corporate financiers enter market to target mid-market law firms
A team of senior corporate financiers has joined forces with a law firm management consultancy specialising in alternative business structures to target mid-market law firms, Legal Futures can reveal.
Law firms warned of greater money laundering risk during Olympics
Law firms need to be alert to increased risks of being targeted by fraudsters and money launderers during the London Olympics, the Law Society has warned. Issues include fake passports, sham disputes and visits by foreign politically exposed persons.
Government overturns LASPO changes as Djanogly hits out at “inflated” law firm profits
The government as expected overturned all of the House of Lords amendments to the Legal Aid, Sentencing and Punishment of Offenders Bill last night, with justice minister Jonathan Djanogly saying the Jackson reforms would put an end to the “racket” that has allowed “inflated profits” for law firms.
College of Law to grow two-year LLB in wake of £200m sale to private equity
The College of Law is to target expansion of its new undergraduate law degree following its sale to Montague Private Equity. The deal separates the legal education and training business from the college’s charitable activities, with the proceeds of the sale going into a £200m-plus fund.
American bar ditches bid to introduce non-lawyer ownership of firms
The American Bar Association has dropped plans for any changes to its policy prohibiting the non-lawyer ownership of law firms. Having rejected more radical ideas such as ABSs, it had proposed a form of legal disciplinary practice.
Government to invoke controversial rule in bid to squash LASPO changes
The government will today try and invoke a controversial parliamentary rule that will bypass efforts by peers to hold on to their amendments to the Legal Aid, Sentencing and Punishment of Offenders Bill, Legal Futures can confirm.
Fancy a piece of the action? High-powered group to advise on introduction of contingency fees
An 11-man working party will meet for the first time today to advise on how to introduce contingency fees for court work in England and Wales. The working party has been set up by the Civil Justice Council.
European Commission rejects lawyers’ pleas to reduce anti-money laundering burden
The European Commission sees no reason to accede to lawyers’ calls and reduce the burden of anti-money laundering rules on the legal profession, a new report has indicated. However, it will consider steps to improve under-reporting of suspicious transactions.
City solicitor faces £600k bill to reimburse former firm and indemnity insurer in bribe case
A former senior solicitor at City firm SNR Denton is facing a £600,000 bill after the High Court ordered her to repay the firm and its insurer losses they suffered as a result of her involvement in the payment of a bribe.
Blog
A familiar story?
There is no doubt that the rising cost of clinical negligence claims deserves attention. However, the system’s true cost driver is often not the claim itself.
When AI becomes a line on the client’s bill
On 23 June, Legora changed how it charges. The platform announced that its most capable product was moving away from a flat per-seat licence fee to consumption-based pricing
Which legal AI will still matter in 12 months?
Four years ago, when senior partners asked me which legal AI they should buy, I would have walked them through a vendor comparison. Now I tell them the question is wrong.
