News

SRA approves transfer of law firm owned by AIM-listed company

The Solicitors Regulation Authority has approved new owners for an alternative business structure set up by an AIM-listed personal pension provider.

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Legal regulators and representatives join government SLAPPs taskforce

Legal regulators and representative bodies were yesterday named as members of a new government taskforce aiming to clamp down on SLAPPs.

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Five-year jail sentence for man who defrauded probate clients

A “callous” man who purported to carry out probate for vulnerable clients has been jailed after admitting to defrauding them of nearly £1m.

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Magic circle firm agrees to meet lawyer eco-campaigners

Slaughter and May has become the first magic circle law firm to agree to meet Lawyers Are Responsible, the campaigners urging big practices to stop work on fossil fuel projects.

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Litigation funder eyes up $6.2bn return from single case

The world’s biggest litigation funder could recover an astonishing $6.2bn (£5bn) from a single piece of litigation after a US ruling in its clients’ favour.

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Reputation management ABS to launch communications consultancy

Schillings – the multi-disciplinary London law firm that operates as a reputation management business – is launching a strategic communications business.

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Irwin Mitchell targets Scotland with major acquisition

National giant Irwin Mitchell has unveiled a major expansion of its Scottish practice by acquiring five-office firm Wright Johnston & Mackenzie.

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Surge in legal businesses embedding social purpose as B Corps

There has been a surge in legal businesses becoming B Corporations, the movement which aims to balance profit with purpose, with Obelisk Support and the London Law Collective the most recent.

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“Catalogue of mistakes” – STEP makes case for will-writing regulation

Nearly half of consumers who have a will either wrote their own or obtained it through a cheap online service, with hardly any checking the credentials of the provider.

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Government set to resist calls for ban on NDAs in the workplace

The government indicated this week that it would resist calls for a statutory ban on non-disclosure agreements in the workplace, having been told that lawyers “are part of the problem”.

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