Latest news
HMCTS: Some progress likely on “unacceptable” court backlogs
HM Courts and Tribunal Service expects to make “reasonable progress despite the challenges” in cutting court backlogs, its operations director said yesterday.
Top family firm chooses employee ownership over private equity
Leading specialist firm Family Law Partners has eschewed approaches from private equity houses to move instead to employee ownership.
PI boss paid clients damages after messing up their claims
A law firm boss who told three personal injury clients their cases had succeeded when actually they had not, and even paid them damages, has been struck off.
Court dismisses negligence claim against law firm over causation
A negligence claim against a well-known London law firm over erroneous information it gave to a client’s mortgage lender has been dismissed on the basis of causation.
Arbitration specialists split on faster procedures but see role for AI
The arbitration community is split down the middle on early determination and expedited procedures, but expects AI to play more of a role in its work, a major global survey has found.
Law firm boss “misled court” in effort to push through prepack sale
A judge has strongly criticised the boss of a consumer claims law firm for giving false evidence and trying to force through a prepack administration sale in favour of his own newly incorporated firm.
Law firm owned by accountancy consolidator to become ABS
The law firm set up last year by a fast-growing accountancy consolidator has applied to become an alternative business structure so as to expand its range of services.
Judge criticises top PI firm over approach to success fee deduction
A senior district judge has criticised the approach of a leading PI firm in racking up costs in a low-value claim, which he suggested might be to guarantee the maximum success fee recovery.
Proportion of law firms using GenAI almost doubles
The proportion of law firms using GenAI has almost doubled, new research has found, with another study showing rapid adoption by M&A lawyers.
Project eyes client interest and large firm levies to support advice sector
A project exploring new funding streams for the not-for-profit legal advice sector – including interest on client accounts and levies of large law firms – went live this month.
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.
