Latest news
GCs call for role to be set out in corporate governance code
A group of general counsel have called on the Financial Reporting Council to set out the role in the UK Corporate Governance Code and suggested how it could be done.
City lawyers: Russia sanctions on legal services have gone too far
City lawyers have warned the government that the recent tightening of sanctions on lawyers providing legal advisory services to Russians has gone too far.
Barrister reprimanded for “unreasonable” conduct of immigration case
A barrister made subject to a wasted costs order because of his conduct of an immigration judicial review has been reprimanded and fined by the Bar Standards Board.
ASA rules law firm’s flight delay claims adverts misleading
The Advertising Standards Authority has upheld a Scottish airline’s complaints that a Manchester law firm’s adverts for flight delay claims were misleading.
Binding offers backed by AI “could end conveyancing uncertainty”
The introduction of binding offers, backed by widespread use of artificial intelligence, holds the key to improving the conveyancing process, a leading figure has predicted.
Solicitor “cut corners” when exchanging contracts on property sale
A judge has refused to order the sale of a house after finding that the buyer’s solicitor “cut corners” and did not hold a signed contract at the point of exchange, despite claiming he did.
DWF puts M&A on hold in face of financial challenges
The last annual results of DWF as the only law firm listed on the main London Stock Exchange showed revenue, lock-up and debt all rising, meaning it is not looking for acquisitions at the moment.
Solicitor blames launching firm on eve of Covid for rule breaches
A solicitor has blamed the difficulties of becoming a law firm owner for the first time shortly before the pandemic struck for his breaches of the accounts rules.
Three-quarters of UK lawyers believe AI will increase productivity
AI could help law firms most by increasing their productivity and is also likely to result in more legal work being done by those without traditional legal qualifications.
SRA evidence “not enough” to revive ex-managing partner’s ET claim
An employment tribunal has refused to reconsider rulings that went against a former law firm managing partner despite new evidence that undermined a key finding about his honesty.
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.
