News

Negligence claims pile up against collapsed law firm

National law firm Hugh James is acting for former clients of Sandstone Legal, which specialised in financial mis-selling claims, over potential professional negligence action.

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Meet Keith – the AI-first law firm looking to transform conveyancing

An AI-first law firm that is planning to automate much of the conveyancing process – using AI agents clients can speak to – has raised £2m in seed funding ahead of its launch this summer.

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LSB introduces hierarchy in lawyers’ ethical duties

New requirements to strengthen ethical standards now expressly state that lawyers must place their duties to the court and to act with independence, above acting in the best interests of their client.

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PE-backed firm sees capping billable hours as key to growth

A law firm that limits its solicitors to 25 billable hours a week has seen annual growth of 40% over the last two years.

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MPs probe chair-elect of LSB over conflict of interest risk

MPs yesterday grilled the prospective chair of the Legal Services Board over a potential conflict of interest with her existing role as chair of King’s Counsel Appointments.

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Listed law firm eyes biggest acquisition

Listed law firm Knights has confirmed that it is in talks with a leading South-East practice in what would be by far the biggest deal it has ever done.

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Ex-manager who failed to refer work to law firm has to repay debt instead

A tax specialist owes his former law firm £204,000 in overpayments he received while an employee after failing to refer work that would cover his debt, the High Court has ruled.

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No strike-off for solicitor’s “spontaneous dishonesty”

A solicitor who signed a deed as a witness to a signature when she had not actually been present has escaped being struck off.

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Half of clients think AI can replace solicitors

As many as half of law firm clients believe that AI can replace a qualified solicitor, although most say this would only be for routine matters.

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Search fund buys conveyancing and private client law firm

An investor-backed search fund has acquired a conveyancing and private client law firm as the start of a ‘buy and build’ strategy aimed particularly at SME practices with succession issues.

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