Latest news
Record year for City partner recruitment in 2021
Last year was a record one for partner hires by City law firms, with the “legal boom” also triggering an associate salary war, legal recruitment consultants have reported.
Accountants finally fall into line on price transparency for probate work
The Institute of Chartered Accountants in England and Wales is finally set to impose compulsory price transparency on the accountancy firms that offer probate services.
Appeal judges shut door on single-stage flight claims
The flight delay compensation industry has suffered a blow after appeal judges rejected a claim over a four-stage flight from the US to India that was delayed when leaving Heathrow.
Law PLC delivers for investors as listed firms’ share prices soar
Listed law firms proved a profitable investment last year, with the annual Legal Futures analysis showing that four of them saw their share prices increase by at least 40%.
‘Director deadlock’ on future direction contributed to failure of top PI firm
Multiple factors contributed to the demise of one-time personal injury giant Hampson Hughes, including the whiplash reforms and the directors disagreeing on its future direction.
Funder refused permission to use privileged material in ‘fraud’ claim
The High Court has refused a litigation funder’s bid to use privileged material to overturn a divorce settlement which it says deliberately provides no assets for the wife to pay the £1m she owes it.
Women more than twice as successful as men in applying for silk
Women were more than twice as likely as men to be appointed Queen’s Counsel this year, it has emerged, after 101 new QCs were named yesterday.
Bar Standards Board lacks “capability, capacity and resources”
The Bar Standards Board lacks access to “sufficient capability, capacity and resources”, the Legal Services Board said yesterday in its annual review of all the legal regulators’ performance.
Covid boosted conveyancing fees and role of ‘dabblers’
The pandemic and stamp duty holiday led to conveyancing fees going up sharply, while ‘dabblers’ played a vital role in supporting the market, an industry roundtable has heard.
Fear of catching Covid “not a protected belief”, tribunal rules
A woman’s fear of catching Covid-19 and need to protect herself and others is not a philosophical belief for the purposes of the Equality Act 2010, a tribunal has ruled.
Blog
Why law firms are getting AI supervision wrong
The profession’s response to AI supervision failures misunderstands the nature of LLM output – there needs to be for a shift in the culture.
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.
Reports
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