Latest news
Clinical negligence revenues set to slow as number of firms falls
Consolidation in the clincial negligence market will continue as the market slows over the next couple of years, a report has suggested.
Supreme Court: clients must agree specific costs deductions
Solicitors cannot deduct their costs from a client’s damages without their agreement to the precise amount, the Supreme Court ruled today.
Report: Trust in legal services high but more costs transparency needed
Most people have trust and confidence in legal services, but would like the Solicitors Regulation Authority to do more on their cost, major new research has found.
SRA: Timing of Post Office and Axiom Ince prosecutions uncertain
It is too early to say when prosecutions arising out of the Post Office scandal and Axiom Ince will occur, the chief executive of the Solicitors Regulation Authority said yesterday.
119 criminal defence firms warn Lord Chancellor over legal aid
A group of 119 criminal law firms have warned the government not to mistake their submitting applications for the new legal aid contract for an intention actually to sign it.
Contract platform to recruit lawyers after £13m funding boost
A UK-based contract platform which uses artificial intelligence to draft, edit and review agreements has secured £13.3m in its latest funding round.
Large law firms negative about impact of GenAI on finances
The majority of large law firms outside of the top 10 are negative about the impact of generative artificial intelligence on their practices, new research has shown.
Law firm granted injunction after “obscene and criminal” phone calls
A law firm has been granted an injunction by the High Court after four female members of staff received anonymous, “obscene and criminal” phone calls.
Post Office scandal shows boards “need to oversee legal risk”
The Post Office scandal shows that company boards need to have “responsible oversight of legal risk” and not show “excessive deference” to legal advice, according to the IoD.
Overstretched advice agencies “likely to cut services”
Nine in 10 advice agencies are experiencing rising demand, but almost two-thirds say they are likely to cut services due to financial challenges.
Blog
Beyond PCP: Can regulators and lawyers work better together next time?
Nearly a decade after the Financial Conduct Authority began investigating the car finance industry, the story of the PCP commission scandal is still unfinished.
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.
