Latest news
Law firms “fobbing off clients” with AI claims
Lawyers’ devotion to billable hour has stopped truly disruptive technology from changing the way legal services are delivered to the public, last week’s Legal Futures Innovation Conference was told.
Arbitration and ODR to settle smart contract disputes
Arbitration and online dispute resolution should be used when there are disputes about smart contracts, the Chancellor of the High Court has said.
Investors “eager to back law firms”
Investors are poised to buy into the legal services sector to capitalise on recent regulatory changes, with corporatised law firms best placed to benefit, according to an expert in external investment.
Solicitor took 15 years to finish distributing estate
A veteran solicitor who failed to complete several probate matters promptly – with one taking 15 years – has been fined by a tribunal. He said it had been a case of “out of sight out of mind”.
Sets without equal numbers of women “will lose work”
Market forces will mean that commercial sets without a diverse gender pool at all levels will soon find themselves losing work to more gender-equal sets, according to a circuit judge researching equality.
Exclusive: Consumer law consolidator eyes public listing
Metamorph Law, which has bought eight law firms in the past three years, is planning to list on the stock market in 12-18 months – the first move of its kind for a UK consumer law firm.
Former partner ordered to pay costs of SRA closing firm
The High Court has ordered a former partner to shoulder the £182,000 costs of the Solicitors Regulation Authority shutting down his law firm in the first case of its kind.
US firm employee sanctioned for ‘drunk on plane’ conviction
An employee in the London office of US law firm WilmerHale whose drunken actions on a transatlantic plane caused it to turn back has been rebuked and fined by the Solicitors Regulation Authority.
Tribunal rejects SRA’s disciplinary “ambush”
The Solicitors Disciplinary Tribunal has rejected four allegations of multiple rule breaches against a solicitor because they were so badly drafted by the Solicitors Regulation Authority.
Ince eyes opportunities from new SRA rules
Listed law firm Ince Group is examining how it could take advantage of the new rules allowing solicitors to practise from unregulated businesses, it said today as it announced strong half-year results.
Blog
Motor finance – the FCA is more worried about banks than consumers
The Financial Conduct Authority’s motor finance redress scheme announced last week amounts to one of the largest ever consumer failures by the regulator.
Mazur: a symptom not a cause?
If Mazur is a symptom, what does it mean for the underlying health of our civil justice system: the ‘finest legal system in the world’?
Cross-generation collaboration: the key to in-house legal tech adoption
In-house legal function leaders will increasingly have to evolve their thinking on how to manage multigenerational teams containing differing levels of technological expertise.
