Latest news
The gory tale of Ince: £34m in debt as partners refused bail out
City firm Ince & Co owed creditors £34m when it was sold in a pre-pack and went into administration, after partners refused to bail it out, it has emerged.
AML oversight body finds legal regulators coming up short
Nearly half of legal regulators do not undertake enough supervision of anti-money laundering (AML) efforts, according to the organisation set up to scrutinise them.
First ‘teaching law firm’ celebrates benefits to students and clients
The ground-breaking ‘teaching law firm’ set up by Nottingham Law School has recovered more than £3m in benefits and compensation for clients since it was set up nearly five years ago.
Record fine for law firm acting on mis-sold PPI claims
A law firm that specialised in mis-sold PPI cases has been fined a record £125,000 for a raft of rule breaches, including sending millions of misleading and unsolicited marketing letters.
Four investments and counting – PE house eyes more law firms
The private equity investor that now has stakes in four law firms is on the lookout for more, it has told Legal Futures. Earlier this month, BGF made a “multi-million pound” investment in two practices.
Solicitor banned as director after firm shut down owing £1m
A solicitor whose conduct fell “significantly below the standards of probity expected of a company director”, particularly given his legal experience, has been banned from acting as a director.
Law Commission “pauses” smart contracts project
The Law Commission has “paused” its project on smart contracts to avoid potential duplication with work being undertaken by the government-backed lawtech delivery panel.
What amounts to sexual harassment in law firms “evolving fast”
What is defined as harassment in law firms is evolving fast and a telephone call or text that was previously thought innocent might now be considered to be inappropriate, experts have warned.
Flight delay claims firm teams up with university to develop AI
Cheshire-based Bott & Co has unveiled a knowledge transfer partnership with the University of Manchester with the aim of incorporating artificial intelligence technology into the firm.
More than 200 DWF partners to benefit from listing
More than 200 partners of DWF are selling shares as part of this week’s stock market listing, it has emerged. They will initially receive £19.5m collectively for selling a small proportion of their shares,
Blog
Small steps, big impact: how SME law firms are making legal tech work
For SME law firms, the priority is turning the potential of tech into measurable impact: success is driven not just by the technology, but by how firms approach planning and implementation.
Why housing disrepair claims against councils have leapt by nearly 400%
Housing disrepair claims against councils have surged dramatically in recent years, with some areas reporting increases approaching a staggering 400%.
Client accounts: Opportunity, obligation and the risks in between
The profitability gap between well-run firms and the rest is not primarily a function of size, location or practice area – it is a function of financial management.
