Latest news
Law firm unfairly dismissed assistant solicitor absent due to cancer
A law firm unfairly dismissed an assistant solicitor who was recovering from cancer, an employment tribunal has ruled. It was also found guilty of disability discrimination.
Knights replaces shares with cash for acquisition after price crash
The collapse in listed consolidator Knights’ share price last week has led to cash replacing shares as part of the consideration for its most recent acquisition.
Standard cyber-security form to aid solicitors instructing barristers
A standardised form for solicitors to assess the cyber-security arrangements of chambers they instruct has been launched by the Law Society and Bar Council.
The SRA’s first ABS – still going strong, 10 years on
Tomorrow marks the 10th anniversary of the first alternative business structure licensed by the Solicitors Regulation Authority, and the firm is still going strong.
Chambers gives returning parents a 12-month payment holiday
A London chambers has decided to give barristers returning from parental leave a year’s holiday from making any payments in terms of rent or other contributions and expenses.
Legal Ombudsman budget to top £15m after 5.8% increase approval
The Legal Services Board has approved a 5.8% increase in the budget of the Legal Ombudsman for the coming year, amounting to an extra £850,000 cost levied on the profession.
City firms urged to agree common approach to social mobility
City law firms need get on with agreeing a common approach to measure social mobility in their recruitment processes, a roundtable has heard from a former MP and solicitor.
Lockdown conveyancing redundancy was genuine, tribunal rules
A redundancy exercise run by a law firm in its conveyancing department following the first lockdown in 2020 was genuine, an employment tribunal has ruled in dismissing an unfair dismissal claim.
White knight or asset stripper? Knights’ model under scrutiny
A leading law firm consultant has questioned the sustainability of consolidator Knights’ model after its share price collapsed by 60% in the past two days.
Purpose over profit: Profession needs “fundamental” cultural reset
The pandemic has not brought about necessary cultural change in the legal profession, meaning lawyers and their firms need to fundamentally reset their values.
Blog
Beyond the PII premium – rethinking risk
Professional indemnity insurance renewal is often treated as an annual pricing exercise. But it is also a chance to show how effectively you identify, manage and mitigate risk.
The AI governance gap in law firms and why it matters now
A third of law firms are already using AI tools with no formal policy in place to govern how AI gets used, what data goes into it, or who’s accountable when something goes wrong.
Information isn’t oversight – lessons from the PM Law review
The PM Law review’s real findings perhaps point to a failure mode applying to any organisation sitting on scattered risk information.
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