The combination of a challenging economy, partner caution about investment, and changing demands of clients will be drags on growth this year, according to a survey of large law firms.
A High Court judge has branded as “reprehensible” the behaviour of a former Linklaters partner in failing to return the $25m he was asked to invest on behalf of a Saudi princess.
Hundreds of police officers who brought data breach and misuse of private information claims where their pre-issue costs alone were £1.2m have seen their claims struck out.
The government last week backed a private member’s bill aimed at extending the new law on SLAPPs beyond economic crime to all types of litigation but lawyers have expressed concerns.
The Solicitors Disciplinary Tribunal today struck off the practitioner it found earlier this week had published antisemitic and offensive posts on Twitter.
Private equity business Inflexion has made its latest investment in legal services by acquiring one of the largest employment law businesses in the country.
City firm Clyde & Co “failed to reflect on its own role” in AML rule breaches until a late stage and sought instead to blame one of its partners, the Solicitors Disciplinary Tribunal has held.
The court modernisation programme – which was originally meant to have concluded in 2020 – has been extended once more, with elements of it ditched as well.
AIM-listed group RBG Holdings – which encompasses London law firms Rosenblatt and Memery Crystal – raised £2.8m in funding yesterday, slightly more than it had sought.
The Court of Appeal has rejected two separate attempts by convicted criminals to blame poor performance by lawyers for their convictions.