Latest news
MPs warn government that PI reforms “risk injustice for genuine claimants”
The government’s personal injury reforms appears more likely to put genuine claimants at the risk of injustice than reduce the number of fraudulent claims, an influential group of MPs has warned. The MPs also said there was “little direct evidence that tackling fraud has reduced premiums”.
Slater & Gordon shares “nearly worthless”
Slater & Gordon’s shares are “nearly worthless”, an analyst has claimed on the back of its dire half-year results earlier this week. He has set a target price of just 1c. The firm’s share price on the Australian Stock Exchange fell to an all-time low of 7c this week, although it jumped 40% in trading today to 10c.
Solicitor who used firm’s accounts to conceal tax fraud sent to prison
A criminal defence solicitor who used his law firm’s accounts to lie about his income to HM Revenue & Customs and steal more than £60,000 in a tax fraud, has been jailed for 18 months. Meanwhile, two barristers have been disbarred after separate criminal convictions, one involving supplying cocaine.
Truss targets more support to help public with lawyer-light online courts
A green paper on early legal support will help the public get to grips with online courts, justice secretary Liz Truss has said. She said online courts would mean “fewer lawyers” were needed to help people navigate their way through a “cumbersome and complex” system.
Anti-trafficking charity hopes law firm will generate income from private work
A charity that provides legal help to the victims of trafficking and slavery has created a law firm to service immigration and employment law private clients, with the aim of funding its charitable work. It launched north London firm Saltworks – a community interest company – this week.
LeO’s bid to give complaints data to comparison websites delayed by IT problems
Plans by the Legal Ombudsman is to give comparison websites details of complaints against law firms will be delayed by the service’s computer problems, it has emerged. Kathryn Stone, the chief legal ombudsman, said she believed comparison websites “really are the disruptors” in the legal services market.
ABS-hungry NewLaw eyes more joint ventures
Pioneering law firm NewLaw is set to create more alternative business structure (ABS) joint ventures this year, it has emerged. The firm – which was itself just the fourth ABS to be licensed – already has seven joint ventures, with partners including the British Medical Association, the Royal College of Nursing and insurer Ageas.
Law firms “more likely to pay cyber crooks” who lock their IT systems
More than a quarter of law firms that fall victim to ‘ransomware’ – software used by cyber crooks to block access to computer systems – end up paying £5,000 or more to retrieve their data, according to research.
LSB and SRA accused of putting too much emphasis on competition
Both the Legal Services Board and the Solicitors Regulation Authority are putting too much emphasis on promoting competition at the expense of the other regulatory objectives they are meant to uphold, the Law Society has claimed. But the SRA has said its plan to allow practising solicitors to operate from unregulated businesses is “overdue”.
More dire results for Slater & Gordon as it admits survival depends on lenders
Slater & Gordon will not be able to pay off the bank debt that falls due next year and will need the continuing support of its lenders “to continue as a going concern”, it admitted today while unveiling more disastrous financial results that showed a 38% fall in income in the UK.












