Latest news
“Pre-budget inertia” costs listed law firm £3m
Listed law firm Gateley has estimated that “pre-budget transactional inertia” shrunk its revenue by around £3m, wiping out growth in its corporate department.
Land Registry data puts spotlight on law firm errors
Most of the HM Land Registry customers will avoidable requisition rates of 20% or more are law firms, new figures have revealed.
Government to ratchet up pressure on “corrupt” lawyers
The government yesterday pledged further action to target professional enablers of fraud, like corrupt lawyers, and called for “innovative” approaches to strengthening ethics.
Tribunal lifts restrictions on solicitor who failed to pay PII premiums
The SDT has lifted all restrictions on the future practice of a solicitor who was indefinitely suspended for failing to pay indemnity insurance premiums.
Reports of bullying and harassment by barristers almost double
The number of reports to the Bar Standards Board of bullying and harassment has almost doubled in the last year, the regulator has revealed.
Top litigation funder puts consumer claims fund into liquidation
Katch Fund Solutions – which is funding consumer claims worth hundreds of millions of pounds – has put its litigation fund into liquidation, it has emerged.
Year of M&A talks failed to find partner for historic Midlands firm
Midlands law firm Wright Hassall held talks with 28 possible acquirers or merger partners over the course of a year before being sold in a pre-pack administration to one of them.
“Tide is turning” as county court delays continue to fall
Delays in the county courts are finally on the decline but they still comfortably exceed a year for anything but the small claims track, according to new figures.
Lammy launches English Law Promotion Panel
The government has gathered a group of leading figures in the law and business into the English Law Promotion Panel with the aim of “future-proofing” the UK legal sector.
SRA will take “sympathetic” approach to pre-Mazur breaches
The SRA will respond “sympathetically” to self-reports from those who may have been operating incorrectly under the terms of the Mazur ruling.
Blog
From ‘year zero’ to £6.5m – how a law firm found its second life
In 2018, I hit what I call ‘year zero’. On paper, Olliers Solicitors was a top-tier criminal defence firm but beneath the surface, I could see we were at a crossroads.
Linklaters’ chief growth officer takes the ‘blank sheet’ challenge
In the third and final part of this series, Lucy Murphy, chief growth officer at magic circle firm Linklaters, outlines her vision for the law firm of the future.
The ‘blank sheet’ challenge, part 2 – what would you do differently?
In the second part of this blog series, Shainul Kassam, managing director of small London firm Fortune Law, sets out how she would set up a law firm now.
