Legal Services Act


Acquisition no12 for Knights amid activity at insurance ABSs

23 March 2021

Listed law firm Knights continued its consolidation play yesterday by announcing a £5.3m deal to buy Surrey firm Mundays, as we also report on activity at two insurance-led ABSs.


Solicitors’ charity bids to counter “devastating” impact of Covid

23 March 2021

The effects of furlough or lack of work in the past year has had a “devastating” impact on solicitors, with a record number turning to The Solicitors’ Charity for help, the organisation said today.


Legal Ombudsman in last chance saloon after budget increase approved

23 March 2021

Approval for a 13% increase in the budget of the Legal Ombudsman has come with a warning that it must make deliver this time or face losing its role in dealing with complaints against lawyers.


Embracing online reviews “changed firm’s culture for the better”

22 March 2021

Embracing online reviews can trigger a positive, service-driven culture change at law firms, the practice director of a leading West Country firm told last week’s Legal Futures webinar.


ABSs become a reality in America as Arizona approves the first two

22 March 2021

America now has its first two alternative business structures, approved in the state of Arizona, to go alongside an increasing variety of businesses in a regulatory sandbox in Utah.


Multi-disciplinary practice and consolidator unveils latest acquisitions

19 March 2021

A multi-disciplinary corporate finance group set up by a Cardiff-based law firm has added accountancy expertise to its offering, while consolidator Metamorph Law has unveiled its latest acquisition.


Solicitor using £50k prize to develop automated advice platform

19 March 2021

A solicitor who won a female innovators award is to put her £50,000 cash prize to building an automated platform that will provide cost-effective legal support to start-ups.


Lawyers work alongside recruiters in platform for consultants

18 March 2021

Lawyers are set to work alongside recruitment consultants in a platform for self-employed professionals taking shape in the West Country that aims to build an internal marketplace.


Firm settles with two rivals and barrister over plagiarised letter of claim

18 March 2021

Manchester-based JMW has accepted damages of £45,000 plus costs from rival law firm Hayes Connor that admitted plagiarising a letter drafted by JMW on 242 occasions.


LeO set to receive £5 more per lawyer but told investment must now deliver

17 March 2021

The Legal Ombudsman has scaled back its planned increased budget for the coming year, but it is still set to increase by 13%, or another £5 per lawyer.

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Blog


How ELD NextGen will improve employers’ liability tracing

The Employers’ Liability Tracing Office is continuing work towards the launch of ELD NextGen, the next generation of the employers’ liability database, in early 2027.


Fifteen years on: Lessons from ABS reform

Fifteen years ago this month saw the very first alternative business structure. At the time, the prospect of non-lawyers owning law firms was dubbed ‘Tesco Law’.


Hybrid working and client money controls – be aware of the risks

For legal finance teams, remote working has changed how information moves, how approvals are obtained and how colleagues communicate.


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