Latest news
Lawyer “fires” Meta as client over “descent into Neo-Nazi madness”
A US lawyer representing Meta has publicly announced that he has “fired” the company as a client, citing “Mark Zuckerberg and Facebook’s descent into toxic masculinity and Neo-Nazi madness”.
SRA issues warning to firms over sham litigation
The Solicitors Regulation Authority has urged law firms to protect themselves from sham litigation, which can be used to bypass anti-money laundering rules.
There aren’t enough immigration advisers, says rebranded regulator
The amount of immigration and asylum advice available across the UK “does not meet the need or demand”, the rebranded Immigration Advice Authority has said.
Over-zealous barristers employing “ethically questionable” tactics
Barristers may “sometimes allow their zeal to advance a client’s interests to embrace tactics which are ethically questionable”, their regulator said yesterday.
SRA: Consumers “at risk from lawyers who do not understand tech”
A lack of digital skills across the UK could be a risk for consumers and law firms if lawyers “do not fully understand” new technology, the SRA has warned.
“Rapid uptake” of AI by in-house lawyers to manage litigation
There has been a “rapid uptake” of AI by in-house legal teams in the past year, with four out of 10 adopting it for the first time to manage litigation.
Listed law firm’s diversification strategy paying off
Non-legal professional services now account for 30% of the revenue of pioneering listed law firm Gateley, it revealed yesterday alongside good first-half results.
Financial services barristers fill gap in market with ABS
A specialist chambers of financial services barristers is filling “a gap in the market” by setting up as an alternative business structure regulated by the Bar Standards Board.
Top law firm unfairly dismissed commercial director
A former commercial director at London law firm Mishcon de Reya has won his claim for constructive unfair dismissal, in part over the non-payment of commission he was due.
Fee-share partner fined for using client account as banking facility
A partner at leading fee-share firm gunnercooke has been fined £14,000 for using the practice’s client account as a banking facility.
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.
