Latest news


LSB: We will do what we can to improve regulator independence if government does not act

15 November 2016

The Legal Services Board may look for ways in which it can increase the independence of the frontline regulators from representative bodies if the proposed government consultation on full independence does not materialise, it emerged last night.


PI solicitor who put work referrers ahead of clients struck off

14 November 2016

A personal injury solicitor who put his relationship with work referrers ahead of his duties to the clients they passed on to him has been struck off. The Solicitors Disciplinary Tribunal found one instance where he paid a client’s damages to a referrer without authority “extraordinary”.


From legal advice to government advocacy – ABS gives Cherie Blair’s firm “competitive advantage”

14 November 2016

Being an alternative business structure (ABS) “definitely gives us an advantage as compared to a typical law firm”, according to the managing director of the unique practice founded by Cherie Blair QC. She said the firm was born from “a recognition of the gap between what law firms can provide and what clients want”.


High Court: Time to consider lowering burden of proof in the Solicitors Disciplinary Tribunal

11 November 2016

It is time to consider lowering the burden of proof used by the Solicitors Disciplinary Tribunal from the criminal to the civil standard, Sir Brian Leveson, the president of the Queen’s Bench Division has said. The case saw the tribunal criticised for using the criminal standard to overturn a decision made by the SRA on the civil standard.


First accountancy firm to create ABS takes on second licence

11 November 2016

The top-30 accountancy firm which in 2013 was the first accountancy practice to acquire an alternative business structure (ABS) licence from the Solicitors Regulation Authority has taken on a second licence from the Institute of Chartered Accountants in England and Wales.


Senior partner accepts fine for firm’s work on SDLT avoidance schemes

11 November 2016

A senior partner whose firm’s involvement in stamp duty land tax avoidance schemes brought in £52,000 in fees – but cost the taxman at least £3m – has accepted a £1,500 fine. He failed to ensure the disclosure of material information to lender clients, and allowed the firm to act where there were conflicts of interest.


Will-writing company fined £30,000 for unsolicited marketing calls

11 November 2016

A will-writing company has been fined £30,000 for making unsolicited marketing calls to people registered with the Telephone Preference Service. It used information from a third-party company, which claimed the people on its list had opted in to receive unsolicited direct marketing calls.


Barristers face decade of higher practising fees to plug Bar Council pension fund hole

11 November 2016

Barristers are set to pay 10% extra for their practising certificates for the next decade, first to plug a multi-million pound hole in the Bar Council’s pension fund and then to buy it out and remove all future liabilities.


Truss throws down gauntlet to profession on diversity as she plans more routes to bench

10 November 2016

There need to be more women and ethnic minorities at senior levels of law firms and taking silk, the Lord Chancellor said yesterday as she pledged action to “force the pace of change” in improving diversity in the legal profession. She announced new measures to encourage experienced lawyers from all fields – and especially solicitors – to seek senior judicial roles.


Futurologist: AI-based future “means opportunities for lawyers”

10 November 2016

Technology is transforming the world at a furious pace and artificial intelligence (AI) and the legal frameworks that will emerge from it and similar developments, offer “massive opportunities” for lawyers, according to a leading futurologist.

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Blog


From ‘year zero’ to £6.5m – how a law firm found its second life

In 2018, I hit what I call ‘year zero’. On paper, Olliers Solicitors was a top-tier criminal defence firm but beneath the surface, I could see we were at a crossroads.


Linklaters’ chief growth officer takes the ‘blank sheet’ challenge

In the third and final part of this series, Lucy Murphy, chief growth officer at magic circle firm Linklaters, outlines her vision for the law firm of the future.


The ‘blank sheet’ challenge, part 2 – what would you do differently?

In the second part of this blog series, Shainul Kassam, managing director of small London firm Fortune Law, sets out how she would set up a law firm now.


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