Latest news
Black barristers face a “concrete ceiling”, says BBN chair
The focus on access to the Bar in EDI efforts is “low-hanging fruit” that ignores the bigger problem of progression, the chair of the Black Barristers Network said last week.
Judge throws out skeleton argument for being three times too long
The High Court has refused to admit a skeleton argument that was three times the length it should have been, and ranged beyond the confines of what it should have done.
MP: SRA needs to be empowered to crack down on lawfare
There is a “clear consensus” in Parliament that the SRA must “feel empowered” to crack down on instances of ‘lawfare’, an MP said yesterday.
High-profile conveyancer “transferring shares” post-disqualification
Lloyd Davies, the high-profile licensed conveyancer who has been permanently disqualified, is now in the process of transferring his shares in his firm, it has confirmed.
Government seeks power to provide legal advice in employment disputes
A power for the government to provide legal advice and representation to anyone involved in an employment dispute has been proposed for the Employment Rights Bill.
Campaigners call for single supervisor of legal sector’s AML activities
Only a single body policing anti-money laundering supervision across the UK legal sector will deliver “the step change in effectiveness that is needed”, a campaign group has argued.
High Court reinstates negligence claim against top family law firm
A former client of a leading family law firm should be allowed to sue over its alleged failure to advise about its own negligence, the High Court has ruled.
LSB tells regulators to improve lawyers’ ethical standards
New requirements on legal regulators to strengthen ethical standards from the start of lawyers’ careers have been proposed today.
Client account interest drives rising profits at SME law firms
Almost all of the 21% increase in profits per partner seen by SME law firms last year came from client account interest and they need to “wean themselves off” it, a Law Society report has warned.
Regional mergers and another PE-backed deal in latest M&A
The private equity owned Fletchers Group made another acquisition yesterday, while a merger is set to create a 500-person firm operating in Lincolnshire and Yorkshire.
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.
