Latest news
Legal Ombudsman seeks 10% budget hike as delays persist
The Legal Ombudsman has proposed a 10.2% increase in its budget, or £1.8m, as it struggles to bring down the longstanding backlog of complaints.
Costs penalty for City firm over approach to “forged” report
Leading City litigation firm Quinn Emanuel has been penalised in costs for not engaging with allegations that a key document it had produced for a case was a forgery.
Law firm uses trainees to find problems and solve them with AI
A law firm is using teams of trainee solicitors to find problems that can be solved by artificial intelligence, develop solutions and present them to managers.
Court of Appeal ruling sparks panic over motor finance claim deluge
The motor finance market has reacted with alarm to last week’s Court of Appeal ruling that lenders failed to clearly disclose commissions paid to car dealers.
Axiom Ince report: The full story of what went wrong at the SRA
The review of the Solicitors Regulation Authority’s handling of Axiom Ince shows it missed an opportunity to uncover the fraud a year before it eventually shut the firm down.
Axiom Ince report: No law firm should go years without an SRA visit
Law firms should not go “many years” without receiving a visit from the Solicitors Regulation Authority, the Carson McDowell report for the Legal Services Board has recommended.
Criticism rains down on SRA but M&A controls spark worry too
Criticism of the Solicitors Regulation Authority poured in yesterday in the wake of the report into how it dealt with Axiom Ince, although the notion of more controls on M&A sparked concern.
Mental health challenges “costing large law firms millions”
Mental health challenges are costing large law firms millions of pounds every year and reducing productivity by 19%, a report has indicated.
SRA “should have done more” to prevent Axiom Ince, says LSB report
The SRA “did not take all the steps it could or should have taken” ahead of the collapse of Axiom Ince, the review commissioned by Legal Services Board declared today.
New private equity player enters market by buying Midlands law firm
Another private equity business has entered the legal market with a £30m pot to create a new group and has made Midlands firm FBC Manby Bowdler its first acquisition.
Blog
AI and law firm risk – the view of professional indemnity insurers
In considering law firm applications for cover, many insurers will expect to see evidence of how firms are adapting to AI and preparing for the future.
Automation in personal injury claims: The evolving legal risks
As automation tools become more sophisticated, they are increasingly used for more complex tasks, such as interpreting evidence and informing case strategy, particular in the PI sector.
A new era of legal operations
What we are seeing in the UK legal market is extraordinary change that will greatly influence how firms operate and compete for years to come.
