US company buys AI-driven ABS focused on asset management
An alternative business structure which specialises in work for the asset management industry has been acquired by a US software company.
Small law firms held back by “operational drag” in back office
Inefficient back offices are restricting growth at many small law firms and putting client relationships at risk, according to new research.
Judge slams class action firm for bringing claim without authorisation
Class action law firm Pogust Goodhead has been ordered to make a £900,000 interim costs payment after a judge found it did not have authority to bring proceedings started in 2020.
Financial Services Bill will be vehicle for AML switch to FCA
The government is set to legislate to transfer the anti-money laundering supervision of lawyers to the Financial Conduct Authority, it has emerged.
Judge refers solicitors to SRA for fake AI-generated cases
A circuit judge has referred two solicitors to the Solicitors Regulation Authority for submitting hallucinated cases to the court.
“Significant new evidence” in employment judge misconduct case
The Judicial Conduct Investigations Office has agreed to reinvestigate allegations of bullying and intimidation against Employment Judge Philip Lancaster, in light of “significant new evidence”.
The Solicitors Charity sees sharp rise in women in need of help
The Solicitors’ Charity has seen a sharp rise in the number of women calling on it for help, making up nearly three-quarters of all new clients in the last year.
Indemnity costs ordered over threat to report solicitors to SRA
A company has been ordered to pay indemnity costs because of its solicitors’ misuse of criminal contempt proceedings and threats to report their opposition to the SRA.
PE-backed law firm deals in Midlands, Manchester – and Reykjavík
Private equity-backed Fletchers Group has announced its third acquisition in less than a month by taking on the clinical negligence and Court of Protection teams of a leading Midlands firm.
Tribunal clears law clinic solicitor of trying to mislead employer
An immigration solicitor has been cleared of misleading her employer over her conduct of an asylum case after a three-day Solicitors Disciplinary Tribunal hearing.
