Company & Commercial

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.

Digital law firm partners with start-up platform as part of expansion

22 September 2022

Digital law firm has announced a “strategic investment” in Connectd, a platform linking the founders of start-ups, investors and advisers.

“Exponential growth” for open-source contract platform

22 September 2022

The chief executive of a contract platform which provides businesses with free open-source templates backed by artificial intelligence has reported “exponential growth”.

Business recovery firm eyes acquisitions in bid to double size of ABS

27 June 2022

Business rescue and recovery firm Leonard Curtis is eyeing acquisitions as part of plans to double the £2.6m turnover of its law firm in the next three years, Legal Futures can report.

The aim is to double the £2.6m turnover of Leonard Curtis Legal (LCL), an alternative business structure launched six years ago, within the next three years.

Insolvency cases on the rise after difficult year for litigation funder

27 June 2022

Listed insolvency litigation funder Manolete saw its turnover and profit fall significantly in the last year due to Covid but is now seeing “strong growth in new case enquiries”.

Australian law firm targets UK SMEs with unlimited subscription service

24 June 2022

A tech-driven Australian law firm offering SMEs unlimited, on-demand legal services on a subscription basis has set up in the UK, aiming to be the most visited law firm website within three years.

Appeal judges reject challenge to litigation funder assignment

31 May 2022

Appeal judges have rejected a company director’s challenge against the assignment by an insolvency practitioner of a claim against her parents to a litigation funder.

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Good customer service should be a priority for any business and, if you want to stay ahead of the competition, something that’s constantly under review.

The CAT’s welcome boost for the funding industry

There was welcome guidance from the Competition Appeal Tribunal this week for funded cases looking for certainty following PACCAR, with the renegotiated Sony litigation funding agreement upheld as lawful.