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Knights, the law firm backed by leading businessman James Caan, is targeting accountants, tax specialists and town planners as part of a plan to recruit a 100 more professionals this year. Chief executive David Beech said he expected around half of the new recruits to be non-lawyers.

Elite Insurance, one of only three unrated indemnity insurers of law firms and the only one based in Britain, announced yesterday that it is leaving the market. Elite cited increased risks of client account fraud and the government’s planned increase to the small claims limit as reasons for the move.

A High Court judge has said there is a “strongly arguable case” that collapsed firm Blavo & Co, formerly the UK’s leading mental health practice, made “many thousands” of false legal aid claims. The court heard that following its collapse, the firm owed the Legal Aid Agency over £22m.

Law firms should be required by their regulators to publish details of complaints and average prices on their websites, the Legal Services Consumer Panel has said. The panel also called for the publication of firms’ litigation outcomes and success rates.

A solicitor who allowed her firm’s client account to be used as a banking facility by a property investment company has been suspended by the Solicitors Disciplinary Tribunal. Theresa Quartey was described by the SDT as “inconsistent, contradictory and at times evasive” in her evidence.

A barrister’s advice to a claimant to settle her case at the doors of the court after a key witness failed to appear was not negligent, the High Court has ruled. It has been described as good news for the profession given “a climate of post-settlement remorse” among claimants.

The former chair of the Law Society’s land law and conveyancing committee, who was struck off last summer, has helped his wife set up an unregulated law firm, it has emerged. Richard Barnett, former senior partner of Southport firm Barnetts, is a consultant at Legal Heroes.

Cardiff-based Capital Law has today launched a £50m fund – backed by a hedge fund – to help its clients pursue litigation, in a first for a law firm. Senior partner Chris Nott said the fund had already helped a small business sue a government department for £1m and another client bring a professional negligence claim against one of the big four accountants.

Legal privilege could cause in-house lawyers a major problem if the Financial Conduct Authority does bring them within its new accountability regime for senior managers, they have been warned.

A solicitor involved in the 2011 litigation between Russian oligarchs Boris Berezovsky and Roman Abramovich has been fined £50,000 by the Solicitors Disciplinary Tribunal for entering into what was then an unlawful contingency fee agreement, under which he would have netted tens of millions of pounds had Mr Berezovsky succeeded.