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Law firms “could switch regulator” to evade financial mis-selling fee cap

19 June 2024

Law firms have been told that moves to switch regulators to avoid fee caps being introduced for handling financial services mis-selling claims will be closely monitored.


Private equity-owned law firms progress acquisition strategies

19 June 2024

One private equity-owned law firm has unveiled its latest acquisition, while another has announced a re-financing deal so it can buy more firms.


Law firm fails to strike out former partner’s unfair prejudice petition

19 June 2024

Well-known London litigation firm Candey has failed in a bid to strike out an unfair prejudice claim brought by a former partner.


Employment can offer barristers more ethical protection

19 June 2024

Being employed by companies or law firms can give barristers more protection when faced with ethical challenges than those in private practice, it has been suggested.


Law firm moves staff to four-day week

18 June 2024

A law firm specialising in family and commercial work has seen fee income rise after introducing a four-day week. Staff are paid 100% of salary and their financial targets have not changed.


SRA issues M&A warning to law firm buyers and sellers

18 June 2024

Solicitors have been warned by their regulator about undertaking adequate due diligence on mergers and acquisitions and putting client interests first when striking the deal.


One in four SME law firms yet to embrace SQE

18 June 2024

More than a quarter of SME law firms (27%) have not yet embraced the Solicitors Qualiying Exam, and nearly a half are not offering solicitor apprenticeships, research has found.


Law firm fined for allowing COFA to steal £157,000

18 June 2024

A law firm whose compliance officer for finance and administration stole £157,000 has been fined for not having proper systems governing payments from client account.


Fast-growing accountancy consolidator launches law firm

17 June 2024

A private equity-backed accountancy firm that has built a £130m practice in just 16 months has now launched a law firm too.


PLAG “disappointed” by Law Society only postponing TA6

17 June 2024

The group that forced the special general meeting of the Law Society for its work for conveyancers has criticised the decision only to delay implementation of the new TA6 form.

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Why firms stall in adopting AI and how to unlock real progress

If your firm is hesitating on AI, it’s almost never the technology that’s in the way. What stalls adoption is everything that surrounds the tool.


Home-buying reform must focus on experience, not just technology

Buyers and sellers don’t judge their experience by the number of digital platforms they use or the technology operating behind the scenes.


What would a single regulator mean for firms and practitioners?

The Legal Services Consumer Panel has renewed its call for a single regulator to replace the eight approved regulators currently governing legal services.


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