Legal Services Act
Revealed: Taylor Rose to pay £1.4m for McMillan Williams
Taylor Rose TTKW is set to pay £1.4m to buy McMillan Williams, which was sunk by slowdowns in both the property market and personal injury settlements, and its high level of gearing, it has emerged.
High Court overturns barrister’s suspension due to “lacuna”
The High Court has overturned a decision to suspend a barrister for failing to comply with a Legal Ombudsman direction – because he was already suspended at the time of the events.
New justice fund issues £600,000 in grants
The new Community Justice Fund has already awarded over £600,000 in grants to the legal advice sector to help it cope with the Covid-19 pandemic.
Asons liquidators settle action against successor firm
The liquidators of Asons have settled their claim against its successor practice, after alleging that the controversial personal injury law firm was sold at an undervalue.
Solicitor and wife witness client’s will via WhatsApp video
A solicitor and his wife have used WhatsApp video to witness a will made by a man who was very ill with Covid-19, it has emerged.
Listed group eyes PI acquisitions as lawyer directors cash out
Anexo Group plc – the listed business which combines legal services with credit hire – has raised £7.5m with a view to acquisitions, while two of its lawyer directors have sold shares for £3.2m.
Lawtech products “may need direct regulation”
Lawtech products may need to be directly regulated as they become more complex, and it is harder for lawyers to understand how the underlying algorithms work, new research has suggested.
Virtual legal business launches US subsidiary
A virtual law business that uniquely combines regulated and unregulated legal practices, with lawyers in the UK and across the world, has launched a subsidiary in the USA.
Shock change at the top of listed law firm DWF
The man who steered DWF onto the public markets as the first law firm to be listed on the main London Stock Exchange has suddenly stepped down in the face of the firm’s Covid-19 difficulties.
ABSs in US move closer in wake of Covid-19
The Utah Supreme Court is pressing ahead with plans to become the first US state to introduce ABSs, saying the Covid-19 crisis underscored the need for innovation in the legal market.
Blog
On good authority? GenAI and the reputational risks to law firms
As GenAI’s influence grows, so do the risks which are already playing out in courtrooms across England and Wales, where some early adopters are setting precedents they would rather not.
Why this is the year for law firms to embrace generative AI
After more than a year of pilots, proofs of value and early experimentation, firms are increasingly embedding AI into day-to-day workflows.
Client account interest is not spare change
The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.
