Market monitor


MedCo: We will be ready to integrate with RTA portal

5 September 2019

MedCo should be ready to provide medical reports for unrepresented litigants under the new RTA portal by next April, its chairman said today after the government confirmed it would have that role.


Insurers urge focus on RTA portal, not EL/PL small claims limit

4 September 2019

It is time to ditch the increase in the small claims limit for EL and PL cases and focus instead on delivering the RTA portal on time, the Association of British Insurers has said.


High Court backs former Claims Direct boss over £21m claim

4 September 2019

Colin Poole, the former chief executive of Claims Direct and a struck-off solicitor, has won a High Court battle with shareholders over an alleged £21m debt. Peter Carroll, a former franchisee and director of Claims Direct, sued Mr Poole for… Read More


Slater & Gordon faces £63m+ Quindell counterclaim

29 August 2019

Slater & Gordon is facing a multi-million pound counterclaim for allegedly using confidential information to reduce the amount it paid to buy Quindell’s professional services division.


DWF issues share incentives to senior executives

29 August 2019

The chief executive and chief financial officer of listed law firm DWF have been handed more than a million shares, subject to conditions, under the group’s equity incentive plan.


“Arrogant” lawyers exploit young people, employers group says

29 August 2019

Lawyers are “rather arrogant”, “exploit young people” and resort to “deception” when charging for work, the head of an international employers group has said.


Consolidator Metamorph leads law firm M&A rush

23 August 2019

Consolidator Metamorph Law has made its second acquisition this year – and eighth in total in a little over three years – as several other mergers and acquisitions have also been unveiled.


Leading PPI law firm goes under after lender calls in debt

21 August 2019

A leading law firm specialising in payment protection insurance cases – one of which led to a landmark Supreme Court decision – has gone out of business.


Law firm consolidator makes first acquisition outside of PI

20 August 2019

Law firm consolidator AWH Legal – which says it plans £100m worth of acquisitions in the next two years – has made its first purchase outside of personal injury.


Ince partners make £16m claim to administrators

15 August 2019

Current and former partners of what was Ince & Co have made claims of nearly £16m to its administrators.
However, there is no indication that these claims will be satisfied anywhere near in full.

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Blog


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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.


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