Latest news
Listed pioneer records strong growth with turnover and profits up
Gateley – the first listed law firm – is expected to announce an 18% rise in turnover in its annual results, with profits up 10%, it told shareholders today. However, its share price dipped on the news.
UN highlights role of legal aid cuts in “immiseration” of millions
The decimation of legal aid has contributed to “the systematic immiseration of millions across Great Britain”, the UN’s expert on poverty and human rights said yesterday.
Consumer panel urges regulators to act on lawtech
Regulators need to monitor the development of legal technology and issue guidance to help maximise the opportunities it presents while delivering the necessary protection for consumers.
Law firm “sacked staff member by WhatsApp”, tribunal finds
A law firm sacked its administrator by sending him a brief WhatsApp message – and then backdated his P45 to support an argument that he was actually fired earlier, an employment tribunal has found.
Court modernisation “undermining access to justice”, lawyers tell MPs
Criminal and civil lawyers have separately spelt out to MPs on the justice select committee a catalogue of ways in which court modernisation is undermining access to justice.
Knights shares on the rise as trading update signals strong growth
Shares in Knights rose yesterday on the back of a strong trading update, with their price now doubled since the national law firm floated last June. Revenue for the financial year is expected to be up 50%.
Medical agencies need formal regulation, says MedCo
Evidence of misrepresentation, dishonesty and fraud by medical agencies supplying solicitors with expert reports means the government should consider formally regulating them, MedCo has argued.
Green light for new regime on when to report rule breaches
New requirements for reporting rule breaches to the Solicitors Regulation Authority have been approved by the Legal Services Board. The changes include a new ‘early investigation’ rule.
Warrant issued for barrister who harassed solicitor
A judge has issued a warrant for the arrest of a barrister accused of harassing a solicitor who refused to represent her on a pro bono basis.
“We do not dictate PI policy to ministers,” MIB boss insists
The head of the body building the new whiplash portal has insisted that the organisation “does not dictate policy to ministers”. He also revealed that the cost of setting up the portal would be £15m.
Blog
Amplifying reach through employee-driven thought leadership
Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.
Divorce escrow: asset sales before final settlement
When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.
AML lacks clarity – and standards are suffering
If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.
