Litigation/Dispute Resolution

Shares in listed funder LCM crashed by 60% yesterday after the number of cases it has lost meant there was “a material uncertainty in relation to our going concern status”.

Lawyers have been questioning whether the High Court was right in its contentious ruling in Mazur on the conduct of litigation, with the CPR key in the debate.

A judge has used artificial intelligence to summarise documents and help him produce his ruling – but stressed that he had made the decision.

The Senior Costs Judge has revealed that the Mazur case has already been cited before him and suggested that legal professional privilege could be a problem when dealing with the argument.

The advent of AI means that lawyers will need to become more creative in how they charge their clients, with the billable hour unlikely to survive, it has been claimed.

A partner at a London law firm “dishonestly assisted” in misappropriating a company’s funds by turning a blind eye to money laundering issues raised by property transactions, the High Court has ruled.

Solicitors have reported “little improvement” in the dilapidated state of court estate over the past three years, with problems including rotting seagulls and maggots “raining down” into a lobby.

The Solicitors Regulation Authority is checking if it provided any other law firms with incorrect advice on whether non-authorised people can conduct litigation.

Last week’s High Court ruling on unqualified fee-earners conducting litigation will cause “nationwide disruption”, with firms urged to review their approach to supervision.

A ban on using the term ‘no win, no fee’ and enhanced oversight of law firms are among ideas put forward by the SRA to make the high-volume consumer claims market work better.