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Litigation funder’s share price slumps after adverse High Court ruling

12 September 2022

Shares in specialist insolvency litigation funder Manolete Partners slumped by 15% on Friday in the wake of a “rare” adverse High Court ruling and concerns over the wider economy.


Legal profession pays tribute to the Queen as QCs become KCs

9 September 2022

Tributes to Her Majesty The Queen flooded in from across the legal profession yesterday after her death at the age of 96. The Crown Office advised that the title QC changed to KC with immediate effect.


PEXA makes statement by buying property law firm Optima from Capita

9 September 2022

Property Exchange Australia (PEXA), which processes 80% of conveyancing completions in Australia, is to acquire specialist property law firm Optima Legal from listed company Capita.


National law firm sets validated science-based net zero target for 2040

9 September 2022

National law firm TLT has become one of the few law firms to commit to achieving validated net zero targets by 2040, as verified by the Science Based Targets initiative.


Hostile foreign powers “could flood OIC with fraudulent claims”

9 September 2022

“Potentially hostile foreign powers” could identify weaknesses in the Official Injury Claim portal and flood it with “fraudulent claims”, a report has warned.


A fifth of female solicitors promoted after maternity leave

8 September 2022

A fifth of female solicitors were promoted into a new role by their law firms during or after maternity leave, but a similar proportion “felt unwelcome” on their return, a major study has found.


Fee-share practice is first law firm to join collaboration institute

8 September 2022

A consultant-led international law firm, based in the City, has become the first to join the Institute for Collaborative Working, saying clients were looking for law firms to be business partners.


Law firm entitled to dismiss solicitor for not passing on complaints

8 September 2022

A law firm does not have to pay outstanding salary owed to a solicitor it fired for gross misconduct discovered after he resigned, an employment tribunal has ruled.


Criminal law firm keeps opening offices despite recruitment challenge

7 September 2022

A rapidly expanding criminal law firm has opened its 23rd office but its managing partner says the “lack of individuals to hire” is its biggest – and worsening – challenge.


Second acquisition for PE-backed firm in injury market consolidation push

7 September 2022

The UK’s biggest specialist PI firm has made its second acquisition since being bought by private equity, saying it was further evidence of its intention to consolidate the serious injury market.

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Blog


Regulate sole practices on evidence, not turnover

For a sole practice, the SRA’s plan that I cannot hold a compliance role if my firm has more than £600,000 of turnover is not a measure of risk. It is a ceiling on growth.


Is Google becoming pay-to-play for law firms?

For years, law firms have been told that SEO is the long-term alternative to paying for every click. That principle hasn’t disappeared but search results have changed significantly.


Material information and the case for intelligent client onboarding

Upfront information means work traditionally undertaken after an offer is accepted will need to happen earlier. And that fundamentally changes the role of client onboarding.


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