Latest news
Staff at employee-owned firm receive £3,600 profit shares in first year
Staff at Ison Harrison, one of the largest law firms to be employee owned, have each received a tax-free profit share of £3,600 after the first year of the new structure.
Blixt to pay £22m for first two acquisitions as it builds national practice
The private equity house looking to building a £100m group over the coming years is set to spend nearly £18m on its most recent acquisition, Lancashire law firm Farleys, it has emerged.
Solicitor’s legal spending platform raises $7m for further expansion
A legal spending analytics and tracking platform has raised $7m (over £5.7m) in its latest funding round, some of which will be used for expansion into the USA.
Class actions focusing on banks and competition law breaches
The UK’s biggest banks are facing 109 class actions across different jurisdictions, while the value of UK class actions for competition law breaches multiplied more than six fold to over £26bn last year.
BSB performance in the red as LSB raises SRA enforcement concerns
Pressure on the Bar Standards Board to improve its performance ratcheted up today after it scored by far the worst of all the legal regulators in the Legal Services Board’s annual assessment.
Solicitor fined for handling follow-on property management work
A retired solicitor has been fined £7,500 for using client accounts as banking facilities over decades to handle property management work for Arab clients.
US lawyer urged clients to infect opposing counsel with “nasty disease”
A US lawyer advised his clients to have someone with Covid or another “highly infectious, nasty disease” lick and handle an envelope being sent to opposing counsel, it has emerged.
“Underappreciated” associates want to leave law firms
“Feeling underappreciated” is the most common reason why associates want to leave their law firms, a study has found, with women more likely than men to be looking to change jobs.
Solicitor can sue ex-firm for misuse of private WhatsApp messages
The High Court has rejected a law firm owner’s attempt to “stifle” a misuse of private information claim by a junior solicitor he dismissed by applying to have her case struck out.
New Bar chair calls on Ministry of Justice to review LSB
The new chair of the Bar Council has called on the Ministry of Justice to review the Legal Services Board, prompting a tart response from the oversight regulator.
Blog
Mentoring the next generation of litigation leaders
As a female lawyer, from the North, with a state school education, I understand the value of sharing perspectives, experiences and contacts.
The cost of systemic failure and childbirth injuries
Recent reports show that the NHS has paid almost £3.5bn in medical claims around childbirth injuries over the past six years.
Mazur: when regulators make simple things complicated
What the last six months have shown is that supervision cannot be treated as a background compliance obligation quietly managed somewhere in a firm’s operational processes.
