Legal Services Act
NewLaw ABS joint venture adds £3m in profit
The alternative business structure run for National Accident Helpline by Cardiff-based NewLaw Solicitors has added £3m in profitability to the law firm, it emerged yesterday.
Axiom ditches listing for private equity investment
Leading alternative legal services provider Axiom Law has announced a “significant” investment from top private equity firm Permira, having previously indicated that it would list instead.
MedCo: We will be ready to integrate with RTA portal
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.
Firm becomes ABS to further group expansion plans
An Essex full-service law firm has become an alternative business structure in order to further its ambitious expansion plans. Birkett Long is looking to establish a group structure.
Insurers urge focus on RTA portal, not EL/PL small claims limit
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
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
BSB passes regulatory test on advocacy quality
The Legal Services Board has said the Bar Standards Board now meets the standard it set for improving the quality of advocacy – unlike the Solicitors Regulation Authority and CILEx Regulation.
Revealed: BSB pulls plug on funding for Legal Choices
The Bar Standards Board has decided to stop funding Legal Choices, the consumer-facing website which until now has been collectively run and paid for by all the legal regulators.
Slater & Gordon faces £63m+ Quindell counterclaim
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
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.
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.
