Latest news
Private equity investors eyeing the full-service law firm model
We talk to Will Evans, a managing director at Arrowpoint Advisory, about how private equity activity in the legal market has sped up in recent months and looks set to continue.
OFSI: Lawyers’ sanctions failures mainly down to licence breaches
Most sanctions non-compliance by UK legal services providers is due to breaches of Office of Financial Sanctions Implementation licence conditions, it has revealed.
“Logjam” of old High Court cases “blocking new disputes”
A “logjam” of old cases at the High Court, with more than a quarter of cases taking up to three years to resolve, could be the reason for a “slight drop-off” in new actions last year.
Chartered legal executives could get standalone litigation rights
CILEx Regulation has launched plans for chartered legal executives to obtain standalone rights to conduct litigation without having to seek rights of audience at the same time.
Revealed: US grants first ABS licence to overseas law firm
Shine Lawyers, the Australian-listed personal injury and class action law firm, has become what is thought to be the first foreign firm to obtain an ABS licence in the USA.
Assistant solicitor fined for costly undertaking failures
An assistant solicitor whose failure to comply with an undertaking in a property transaction cost his firm’s insurer £440,000 has been fined £5,500.
Gender disparity in publicly funded advocacy – only CPS making progress
Efforts by the Crown Prosecution Service to ensure it allocates work more equitably between the sexes are slowly bearing fruit, a new analysis has shown.
Ban for legal executive who fabricated admissions and pleadings
A chartered legal executive who fabricated court pleadings, expert reports and letters from third parties has been disqualified from working for solicitors’ firms.
SRA uses settlement agreements “to put pressure on solicitors”
Solicitors need to have confidence that they will be treated fairly by their regulator if they are to be encouraged to admit errors, a former partner suspended for misconduct has argued.
Top employment solicitor hits out at conduct of big City law firms
A leading employment lawyer has hit out at the conduct of some law firms when negotiating non-disclosure agreements for employers.
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.
