Latest news
AI could transform law firm billing “beyond recognition”
Artificial intelligence could transform law firm billing “beyond recognition” as the time taken to complete tasks becomes “almost irrelevant”, a report has predicted.
Law firm specialising in wayleaves obtains Ofcom powers
A law firm specialising in wayleave agreements has obtained Ofcom code powers to support the roll-out of full-fibre broadband through its sister company in what is believed to be the first move of its kind.
High Court rejects barrister’s bid for Lib Dems disclosure order
The High Court has rejected a barrister’s bid for an order requiring the Liberal Democrats to disclose the identities of people who made anonymous complaints about her.
Firms urged to address culture as large losses “trend up”
Large losses at law firms have been “trending up” and firms should look at their culture to address often simple errors caused by stress, pressure or fatigue, a professional indemnity insurer has said.
SRA issues first fixed penalty fine for diversity data failure
The Solicitors Regulation Authority has handed out the first fixed penalty fine for a law firm’s failure to submit its workforce diversity data within the deadline.
Solicitor jailed for false accounting fails to overturn conviction
The Court of Appeal has rejected an appeal by a former solicitor jailed more than four years ago for false accounting at his law firm.
Judge refuses to intervene over barrister who swapped sides
The High Court has refused to intervene in a dispute over the counsel for a claimant having previously been on the record for the defendants.
Grenfell solicitor wins unfair dismissal claim over redundancy
A solicitor made redundant after her work on the Grenfell Tower disaster ended has won a claim for unfair dismissal because her law firm did not properly consider another role for her.
Mixed year for Law PLC as Keystone leads the way for listed firms
Listed legal businesses proved a mixed bag of investments last year, with some seeing their share prices soar but others collapse, the annual Legal Futures analysis of ‘Law PLC’ has revealed.
Axiom growth based on financially troubled firms, say administrators
Axiom Ince’s history of consolidating law firms with financial issues saw its turnover quadruple in just three years even before the Ince & Co and Plexus Law deals, its joint administrators have revealed.
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.
