Market monitor

Medical agencies need formal regulation, says MedCo

21 May 2019

Evidence of misrepresentation, dishonesty and fraud by medical agencies supplying solicitors with expert reports means the government should consider formally regulating them, MedCo has argued.

“We do not dictate PI policy to ministers,” MIB boss insists

20 May 2019

The head of the body building the new whiplash portal has insisted that the organisation “does not dictate policy to ministers”. He also revealed that the cost of setting up the portal would be £15m.

PE investor in failed law firm set to lose £22.5m

17 May 2019

The private equity backer of failed personal injury firm Roberts Jackson is set to lose its entire £22.5m investment, while unsecured creditors will only receive pennies in the pound.

DWF partners donate £2m in shares to charitable foundation

16 May 2019

The partners of listed law firm DWF have donated 1.8m shares, currently worth £2.1m, to its charitable foundation. The award will enable the DWF Foundation to expand and sustain its grant-giving.

Court modernisation has yet to deliver – and might never, warn DJs

15 May 2019

Judges on the frontline of the court modernisation programme has expressed “serious concerns” that the £1bn committed to the reforms will run out before they can be completed.

Lawyer-matching service aims to harness “economic power” of GCs

14 May 2019

A former general counsel and City partner has launched an online service that aims to simplify and speed up the way in-house lawyers instruct external law firms.

Sole practitioners ‘more profitable than small firms’

14 May 2019

Sole practitioners have overtaken small firms with two to four partners in terms of profit per equity partner, a survey has found. Sole practitioners also led the way in fee income growth compared to larger firms.

Financial problems force major legal charity to close doors

10 May 2019

A major London-based legal charity has shut its doors due to a worsening financial position, not long after unveiling ambitions for greater national coverage and digital services.

Call for greater transparency over small claims portal

9 May 2019

MPs on the justice select committee have been urged to press the Ministry of Justice for information about the development of the small claims portal to be made public.

Strong results propel Keystone’s share price ever upwards

8 May 2019

Keystone Law today announced annual results “comfortably ahead of market expectations” as its share price continues to soar, having more than tripled in the 18 months since it listed on AIM.

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