Market monitor
It’s official: Whiplash reforms delayed by five months
The Ministry of Justice today bowed to the inevitable and announced that implementation of the whiplash reforms will be delayed from 6 April to 1 August, while its plans for ADR have been ditched.
Whiplash: Decision to ditch ADR condemned
Claimant representatives have questioned whether the whiplash reform dealy is long enough, and also condemned the government for dropping the provision of ADR for cases where liability is disputed.
XR protest set to target Slaughters first, with more to come
Slaughter and May will tomorrow become the first City law firm targeted for its work with fossil fuel companies by campaign group Lawyers for Extinction Rebellion.
LOD launches unregulated firm for in-house advice
Flexible lawyering business LOD has launched an unregulated law firm, staffed entirely by former in-house solicitors, to help companies with “everyday in-house work”.
Female family lawyers’ group to push for senior roles
An association for female family lawyers will be launched next month, embracing all levels of seniority from High Court judges to paralegals, with the immediate aim of creating a national mentoring scheme. Founding chair Hannah Markham QC said among the… Read More
Superheroes bid to save nation from legal ignorance
The public shares a widespread concern that their rights are being eroded and that they need to know more about the law, according to research by the main three lawyer groups published today to mark Justice Week. People were particularly… Read More
Number of conveyancing firms falls to new low
The number of conveyancing law firms has fallen to a new low as the market felt the “full brunt” of Brexit-related political and economic uncertainty last year, new research has found.
CMC numbers plunge by 40% under FCA regime
The number of authorised claims management companies has plunged by almost 40% since the Financial Conduct Authority took over regulation last April, and has refused to authorise one for the first time.
Lawyers urged to use the law to fight climate change
A collaboration of lawyers, calling itself the Chancery Lane Project, is to publish a set of model laws and contract clauses later this month to help the profession around the world fight climate change.
Another £11m in share sales by Gateley partners and staff
Partners and staff at listed law firm Gateley sold £11m worth of shares yesterday – making £27m since it went public – amid a burst of news about listed legal businesses, including Knights and Redde.
Blog
Strong AML controls are meaningless with incomplete data
One expectation as the FCA takes control of anti-money laundering oversight is a move towards more supervision rather than simply writing new rules.
Navigating the legal AI productivity-profitability paradox
Firms are achieving efficiencies through AI, especially in the practice of law. Yet many are struggling to see that reflected in their financial outcomes
Regulation, growth and access to justice: why legal services need a reset
Well-intentioned consumer protections embedded in the regulation of legal services increasingly act as barriers to innovation, competition and access to justice.
