Latest news
Law firms face £6m negligence claim from property investors
Two law firms have been facing multiple claims worth nearly £6m from disgruntled investors who lost money on hotels and student accommodation that were never built.
California considers leading way in US on non-lawyer owners
The State Bar of California has been urged to take the lead in the US in allowing non-lawyers to invest in and own law firms. It has agreed to set up a task force to investigate.
Suspension for solicitor convicted of ABH against ex-boyfriend
A family law solicitor convicted of actual bodily harm after she hit her former boyfriend in the face with a glass has been suspended from practice.
Appeal court rejects firm’s £4.5m claim over “missing referrals”
A personal injury law firm has lost its appeal against a High Court ruling that dismissed its £4.5m claim over referrals from an insurer that did not materialise.
ABS buys third wealth firm and launches legal club
Fast-growing alternative business structure Progeny Group has acquired its third wealth management firm in little more than a year, also launched a wide-ranging legal subscription service.
Clients “losing millions” as fraudsters target solicitors
Fraud is hitting the solicitors’ profession ever harder, with tens of millions of pounds of client money lost to cybercrime and dubious investment schemes, the SRA has warned.
Labour MPs step up opposition to Civil Liability Bill
Some 35 Labour MPs have signed an early day motion in Parliament calling on the government to withdraw its planned increase in the small claims limit for personal injury.
“Fragility” of criminal law firms threatening rights, MPs warn
Fundamental rights to legal advice and representation for people accused of crimes are at risk, the justice select committee has warned.
Predictive pioneers behind CaseCrunch go separate ways
Three Cambridge law graduates behind predictive analytics specialist CaseCrunch have gone their separate ways, it has emerged.
MPs tell regulators to up game on harassment and NDAs
Legal regulators must show that lawyers will face “serious sanctions” if they sexually harass clients or colleagues or misuse non-disclosure agreements, MPs said today.
Blog
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.
The power of participation for trainees and apprentices
It’s important as a trainee or an apprentice to get involved in the life of your firm – even under the pressure of discovering how to navigate professional life and now the demands of the SQE.
