Latest news
Most firms increasing bank borrowing, survey finds
There is a “real profitability divide” between larger and smaller law firms although income is generally increasing across the board, new research has found.
Union joins forces with ABI and British Safety Council in PI fight
Trade union Usdaw is building a broad coalition – including the Association of British Insurers – in a bid to persuade the government to exclude workplace injuries from the small claims limit increase.
City firms “falling behind global rivals” on technology
Commercial law firms based in the UK are falling behind their global rivals in adopting new technology, including artificial intelligence and data analytics, a report has warned.
Judge attacks S&G for “wholly unacceptable” failure
A High Court judge has strongly criticised Slater & Gordon for a “wholly unacceptable” failure to give him a crucial letter when applying for an urgent injunction in a police misconduct case.
Early advice enthusiast takes on legal aid brief at MoJ
A criminal law barrister who has called for the restoration of legal aid for early advice has become the new minister at the Ministry of Justice responsible for legal aid.
Now ex-Asons boss is disqualified as a director
The former boss of failed Bolton law firm Asons has been disqualified as a director for seven years because of serial overcharging by the one-time personal injury practice, it has emerged.
MoJ: Three months is enough to prepare for whiplash reforms
Three months should be enough time for personal injury law firms and defendant insurers to be ready for the whiplash reforms, the government official leading the work said yesterday.
Solicitor wife compensated on divorce for career loss
A solicitor who sacrificed possible partnership at a magic circle law firm to have children has been awarded an extra £400,000 in her divorce settlement with an equity partner at the same firm.
Solicitor got client to pay cheque into personal account
A solicitor who persuaded a vulnerable client to pay £4,700 into her personal bank account, pretending the money would be spent on repairs to a property she had inherited, has been struck off.
Female lawyers project looks to accelerate progress
The team behind the First 100 Years has launched its latest project, The Next 100 Years, dedicated to achieving equality for women in law over the next decade.
Blog
Accountability has to live within governance, not with one person
The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.
The SRA’s client money reforms: good intentions, questionable execution
On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.
Recruitment, retention and reward in the legal accounts world
Understanding the legal finance market is important – not just for those actively involved in it day-to-day but also for leaders within law firms.
