Latest news
PI firm struck down by whiplash reforms sold in pre-pack deal
Another law firm to suffer following the 2021 whiplash reforms has been sold in a pre-pack administration deal to a firm that itself has just been bought up.
Experts hit out at 20-page limit on reports in intermediate track
Expert witnesses have made a last-minute call to scrap the rule in the new intermediate track for civil claims that limits their reports to 20 pages.
Listed legal business “de-risked” but profits fall sharply
RBG Holdings – the AIM-listed business that owns two law firms – has “de-risked” and begun paying down its debt, while profits have been slashed in the first half of the year.
Law firm data breach “highlights risks to domestic violence victims”
A family law firm that disclosed personal data about a woman and children to her rapist ex-partner has been highlighted in a warning over how data breaches are putting domestic abuse victims’ lives at risk.
High Court judge: Counsel’s fees should be subject to guideline rates
It is “difficult to see the justification for treating counsel’s fees differently from solicitors’ fees” when it comes to applying guideline hourly rates, a High Court judge said yesterday.
Digital protocol prepares conveyancers for “huge step forward”
The Conveyancing Association has launched a future digital conveyancing protocol to help firms prepare for the “huge step forward” that greater use of upfront information and technology will achieve.
Ban for cashier convicted of stealing from law firm employer
A legal cashier who received a suspended jail sentence for stealing money from her law firm’s office account has been banned from the profession.
Employment tribunal rejects circuit judges’ pension claims
An employment tribunal has dismissed a test case brought by three retired circuit judges who argued that they were treated unfairly by having to join a less generous judicial pension scheme.
Taskforce to investigate ethics of City law firms acting for oligarchs
A heavy hitting group of City lawyers and anti-corruption experts is to examine the ethics of solicitors providing civil legal services to overseas oligarchs and kleptocrats.
“We could yet intervene in Axiom Ince,” SRA boss says
The Solicitors Regulation Authority may yet intervene in Axiom Ince, the law firm that now seems on the brink of collapse, it confirmed yesterday.
Blog
Amplifying reach through employee-driven thought leadership
Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.
Divorce escrow: asset sales before final settlement
When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.
AML lacks clarity – and standards are suffering
If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.
