Company & Commercial

Fast-growing accountancy consolidator launches law firm

17 June 2024

A private equity-backed accountancy firm that has built a £130m practice in just 16 months has now launched a law firm too.

City solicitor’s tech start-up receives $6m funding boost

3 June 2024

A start-up that creates visual models of complex legal transactions, set up by a former City solicitor, has announced a $6m funding boost, led by American investors.

Judge strikes out £68m negligence claim against law firm

25 April 2024

A High Court judge has struck out a £68m negligence claim against a law firm brought by companies in liquidation as a result of failed property development schemes.

Insolvency law “entirely capable” of dealing with digital assets

24 April 2024

English insolvency law is “entirely capable of convenient and sensible application to disputes concerning digital assets”, an expert panel has declared.

$1.8m negligence claim against City law firm “must go to trial”

16 April 2024

A businessman’s $1.75m negligence claim against City law firm Clyde & Co for allegedly failing to advise him properly on the risk of an anti-suit injunction “must go to trial”, the High Court has ruled.

Were lawyers complicit in Post Office’s corporate governance failures?

8 January 2024

A solicitor who acted for three wrongly convicted sub-postmasters has questioned whether lawyers advising the Post Office’s board were more motivated by continuing the retainers.

High Court strikes out top footballer’s negligence claim against law firm

4 December 2023

The High Court has struck out a £6m negligence claim brought by a former Premier League footballer against City firm Charles Russell Speechleys.

Specialist lawyers publish free AI contract clauses

26 October 2023

The Society for Computers and Law has launched a set of free contractual clauses for transactions involving artificial intelligence.

Law Commission wants digital assets to be “third category of thing”

28 June 2023

The Law Commission has called for new legislation to create a “third category of thing”, which is neither “a thing in action nor a thing in possession” but could include certain digital assets.

Nearly half of companies swapped external lawyers in last year

15 May 2023

Law firms can not assume they have a fixed place on a client’s roster, with 45% of clients changing which practices they allocate work to in the past year, new research has warned.

Law firm’s negligent advice to football club owner caused no loss

5 April 2023

A law firm advising on a dispute over the sale of Sheffield United FC was negligent, including in failing to advise that it had an own-client conflict, the High Court has ruled.

Digital securities “can be accommodated” within existing English law

15 February 2023

The most common types of digital securities can “easily be accommodated” within existing English law, the UK jurisdiction taskforce of the LawTech Delivery Panel has concluded.

Solicitor’s visual modelling start-up receives £3m funding boost

8 December 2022

A start-up founded by a City solicitor that creates visual models of complex legal transactions is aiming to double in size by the end of next year after raising almost £3m in funding.

Financial firepower means US firms are “set to topple” magic circle

28 October 2022

The magic circle law firms are being attacked from all angles and pressure from US practices in particular means they may have to reinvent and reposition themselves, a corporate adviser has warned.

Unregulated in-house specialist partners with magic circle firm

11 October 2022

Unregulated legal business The Law Boutique has teamed up with a magic circle law firm Linklaters and its own contract management platform to provide companies with an “holistic” service.

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