A representative action has been launched against IP law firm Marks & Clerk alleging that it “grossly overcharged” thousands of SMEs through a “secret commissions scheme” with CPA Global.
National consumer giant Irwin Mitchell is planning a stock market float valuing the law firm at £500m, according to press reports at the weekend. It could happen this year, said Sky News.
Revenue and profits at Co-operative Legal Services fell as a result of coronavirus but case volumes grew during last year, its annual results have shown.
There is “no conclusive evidence” to show that consumers who use unregulated services obtain worse outcomes than those using regulated firms, the Legal Services Consumer Panel has said.
Law firms should advertise unbundled services or offer them directly to clients, the Legal Services Consumer Panel has said, highlighting the “untapped potential” to support consumers in accessing advice.
There must be a “third way” of ensuring that qualified lawyers are competent without relying on disciplinary proceedings, the director of regulation and policy at the Legal Services Board has said.
A former major in Army Legal Services has described how taking a “military approach” has helped him when launching his law firm this week.
Most law firms are “complacent” about sharing technology with clients, according to the partner who leads Shoosmiths new division offering a range of legal and non-legal products.
Fast-growing consumer law firm Taylor Rose MW is eyeing up further acquisitions and office openings over the coming year after receiving investment totalling nearly £5m.
Some people have been “unable to access legal advice at all during the pandemic” to enforce their rights, peers have found, with the number of lawyers doing legal aid work at risk of falling.
What the pandemic has brought into sharp focus for firms is a desire to reduce costs. In 2019, research found cost reductions were last on a long list of priorities for firms; now they are near the top.
As my legal career progressed, I began to realise the reality was very different than I had envisaged. I was in a constant state of stress, working very long hours. I normalised the stress, as it seemed to be everywhere I looked.