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Financial remedy proceedings to which the Court of Appeal said a litigation funder could be a party so as to protect the £1m it was owed by the wife have now been dropped with the money still owing.

The SRA must pay “immediate attention” to weaknesses in its authorisation process for new law firms in the wake of the Axiom Ince collapse, the Law Society has argued.

National law firm Weightmans is to have nearly 50 invoices totalling £3m subjected to a detailed assessment after failing to convince a judge they were interim statute bills.

A High Court judge has refused a request from a defendant in the London Capital & Finance fraud case to use the proceeds of sale of his home to pay his solicitors over £2m.

The board of the Solicitors Regulation Authority has agreed to regulate CILEX members if it decides to press ahead with changing regulator.

A law firm which specialises in providing independent legal advice where needed in property, banking and finance transactions has expanded to litigation funding agreements.

Partner underperformance remains an issue for most law firms and continues to affect profitability “significantly”, according to new research.

A woman struck off as a solicitor 24 years ago has failed in her second attempt to be restored to the roll, with a tribunal saying the passage of time did not of itself justify it.

The SRA has proposed that any fine it imposes on law firms should be at least £5,000, as well as ending fines for solicitors convicted of drink-driving.

A veteran solicitor who practised while suspended has been suspended again, although the Solicitors Disciplinary Tribunal said it had “some reservations” about the sanction.