Latest news
Listed law firm needs more growth “to justify premium valuation”
Listed law firm Keystone needs to deliver double-digital growth if it is to maintain a premium valuation, but it is unlikely to do so, its broker has said.
Majority of professional indemnity claims are against solicitors
More than half of professional indemnity cases issued in the High Court over the past five years were against solicitors, according to new figures.
Law firm’s partnership agreement was not varied, High Court rules
Two former partners of a law firm did not vary their 50/50 partnership after it was set up so that one would be in sole control, the High Court has ruled.
Reynolds: Errors over calling myself a solicitor “not a huge deal”
Business secretary Jonathan Reynolds has apologised for referring to himself as a solicitor but said it was not “a huge deal”, as Reform UK pledged to bring a private prosecution against him.
Three-quarters of judges report stress symptoms
Three-quarters of salaried judges report symptoms of stress, while a third of circuit judges are under “high or extreme stress”, the latest Judicial Attitude Survey has found.
Law firm partner forced to retire at 63 wins discrimination claim
Well-known Leeds law firm Walker Morris discriminated against a senior partner by making him retire at the age of 63, an employment tribunal has ruled.
Law firm ordered to pay wasted costs after failing to instruct counsel
A law firm was negligent in failing to prepare for a three-day hearing or instruct counsel for it, a Family Court judge has ruled in making a wasted costs order.
Probate staff “did not understand” digital processes, minister admits
HMCTS “did not have a mechanism to deliver comprehensive training” when the Probate Service was digitised, a justice minister has admitted.
“Keeping us ahead of the world” – Arbitration Act receives Royal Assent
The Arbitration Act received Royal Assent yesterday, with the government declaring it would keep the UK “ahead of the rest” and practitioners welcoming the new law.
Law firm’s bid to restrain winding-up petition in doubt
The High Court is to reconsider its intention to allow a Manchester law firm to restrain a claims provider from presenting a winding-up petition.
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.
