Latest news
CAT strikes out challenge to Scottish Bar rules
The Competition Appeal Tribunal has struck out a challenge to the rules of the Faculty of Advocates, the Scottish Bar, over a restriction on who can instruct barristers.
KC: Law of agency and delegation could help challenge Mazur
The “basic principles of agency and delegation” could be used to argue that the Mazur judgment was wrongly decided, a KC and judge has suggested.
Solicitor suspended for hiding firm’s financial problems from SRA
A law firm partner who failed to disclose to the Solicitors Regulation Authority that her firm was facing a winding-up petition has been suspended for three months.
Barristers’ job satisfaction on the rise
The proportion of barristers saying they are satisfied with their jobs has increased significantly to almost seven out of 10, according to a Bar Council report.
FCA car finance scheme “patently influenced” by lender profits, MPs say
The FCA car finance compensation scheme has been “patently been influenced by the profit margins of the lenders”, a report by MPs has found.
FCA to have extensive powers over lawyers in AML role
Deeper checks of law firm owners and the ability to bring criminal prosecutions are among the powers proposed for the FCA once it takes over supervising lawyers’ AML activities.
Court to rule on SRA’s powers to see privileged material
The High Court is set to decide on whether the Solicitors Regulation Authority has the power it claims to examine legally privileged material as part of investigations.
SDT clears solicitor of dishonesty over costs claim
A solicitor accused of dishonestly seeking more costs than his client was entitled to claim has been cleared by the Solicitors Disciplinary Tribunal.
Survey: Profits up in the City, down in the regions
City law firms are outperforming their regional counterparts, with partner profit pools rising by 12% in London but falling by 11% outside of it, according to new research.
PE-backed serious injury firm makes big move into family law
Private equity-backed Fletchers Group has moved outside of injury work for the first time by buying leading family law firm Rayden Solicitors.
Blog
Why upfront information could transform home buying
The success of upfront property information will depend on more than simply making the information available.
AI risk: What law firms must now demand from vendors
AI systems ingest, transform, infer and generate. Treating them as equivalent to document storage or workflow tools is a category error.
Why mid-sized firms are the most interesting story in UK legal right now
Mid-sized law firms are facing a set of decisions about structure, technology and growth that will define where they sit in the market for the next decade.
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