Legal Services Act
Legal Services Board begins hunt for new chief executive
The Legal Services Board is on the hunt for its fourth chief executive in nine years after Neil Buckley decided to stand down after just over three years in the role.
Law Society calls on LeO to focus on rulebook changes
The Law Society has called on the Legal Ombudsman to make “concrete, specific plans” on how it going to cope with the new SRA rulebook, which will allow solicitors to practise from unregulated firms.
Business environment holding back M&A, says listed firm
A cautious business environment, prompted in part by Brexit, is holding back corporate work and its own acquisition activity, listed law firm Rosenblatt said yesterday.
DWF float: “Haircut” for partners but free shares for staff
The partners of DWF will “take a haircut” following its proposed stock market listing, but staff will receive free shares as part of the plan to widen equity participation, its chief executive has said.
LSB closes Law Society investigation after censure prompts reform
The Legal Services Board has closed its investigation into the Law Society’s governance arrangements – which led to an unprecedented public censure last year – after a series of reforms.
“A new type of law firm” is needed to tackle PI reforms
A “new type of law firm is needed” to respond to next year’s PI reforms, National Accident Helpline has said as it confirmed its new ABS would open in April. Also news from Anexo, Watchstone and S&G.
Knights on the march with fourth deal and soaring share price
Knights has unveiled its fourth acquisition in the eight months since it listed with a £10m deal to buy Oxfordshire firm BrookStreet des Roches and saw its share price soar as a result.
DWF unveils plan for blockbuster stock market listing
Top-25 law firm DWF unveiled its long-anticipated plan to float today, and will be the first law firm to list on the main London Stock Exchange. DWF is thought to be looking to raise £50-100m.
Network-owned law firm eyes first acquisition in London
A Manchester law firm taken over last month by an international network of professional services firms is looking to buy a London practice as its first post-acquisition move.
“Senior judge’s salary enough”, divorcing husband told
A divorcing husband’s income was equivalent to that of senior judges and more than sufficient for his post-divorce needs, the High Court has ruled.
Blog
Amplifying reach through employee-driven thought leadership
Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.
Divorce escrow: asset sales before final settlement
When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.
AML lacks clarity – and standards are suffering
If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.
