Latest news
Judge unhappy with disrespect shown to leading London law firm
A High Court judge has said claimants seeking delivery up of documents from the London arm of US firm White & Case were “wrong” to challenge its conduct in the matter.
Three arrested in raid on “bogus” immigration law firm
Three suspected fraudulent immigration lawyers have been arrested in Greater Manchester following a Home Office raid on Wednesday.
Legal Ombudsman forced to revise backlog figure upwards – again
The queue of cases awaiting investigation at the Legal Ombudsman is not falling as fast as had been expected, with the March 2024 target having been revised upwards for a third time.
BSB keeps its powder dry over Post Office barristers
The Bar Standards Board has yet to see evidence from the Post Office inquiry that requires it to take urgent action against any barrister, it has told Legal Futures.
Axiom Ince review to investigate regulation of ‘accumulator firms’
The Legal Services Board review of the collapse of Axiom Ince will include not just the role of the Solicitors Regulation Authority but also its approach to law firm consolidators.
PI group’s shares continue to rise as it pays down more debt
Shares in AIM-listed legal services business NAHL jumped 11% yesterday on the back of a positive trading update showing a faster reduction in debt than expected.
High Court refuses leave to appeal $11bn arbitration ruling
The potential consequences for two lawyers the High Court has referred to their regulators are not reasons to grant leave for an appeal, the judge has ruled after setting aside a $11bn arbitration award against the Republic of Nigeria. The… Read More
Another Fletchers deal as regional firms kick off 2024 M&A activity
Fletchers Group, the serious injury law firm owned by private equity, has continued its expansion by taking on the once-core motorbike work of Macclesfield firm Thorneycroft.
Probate Service “should outsource complex cases to law firms”
Complex probate cases should be outsourced to law firms to cut the backlog of cases at the Probate Service, expert practitioners have recommended.
SRA hands out another hefty fine for drink-drive conviction
The Solicitors Regulation Authority has imposed another hefty fine on a solicitor convicted of drink driving as the impact of its new approach to fines hits home.
Blog
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.
Recruitment, retention and reward in the legal accounts world
Understanding the legal finance market is important – not just for those actively involved in it day-to-day but also for leaders within law firms.
