News

LegalUK calls for creation of National Institute for Legal Innovation

The group set up by the Lord Chief Justice to promote UK law internationally has called for the creation of a National Institute for Legal Innovation to help harness the potential of AI.

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Top accountants set to grow legal arm after innovative PE deal

Top 10 accountancy firm Moore Kingston Smith is set to expand its legal services arm after becoming the first to take on private equity funding while staying a limited liability partnership.

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Solicitor struck off for lying about links with illegal money lender

A solicitor who lied to both his employer and his regulator by denying he had any kind of relationship with a convicted illegal money lender has been struck off.

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LeO resolves record number of complaints in performance “step change”

The Legal Ombudsman has achieved the required step-change in performance in the last year, it has declared, with waiting times finally falling as 44% more cases were resolved.

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New AML supervision regime for lawyers moves step closer

HM Treasury has launched a long-awaited consultation that could see a new public body replace legal regulators in supervising lawyers’ anti-money laundering activities.

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Contractor claims specialist ABS aims to “open floodgates”

The legal director of a new ABS specialising in cases for people classed as contractors says he hopes litigation brought by the firm in the next few months will “open the floodgates” to more claims.

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BSB chief: Many practices at the Bar have “outlived their usefulness”

There are many working practices at the Bar “which may have outlived their usefulness and no longer work in the interests of consumers”, the director general of the Bar Standards Board said yesterday.

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From Wales to the Humber – market sees sudden spate of M&A

There has been a sudden spate of mergers and acquisitions in the legal market, led by Welsh firm Hugh James bringing in sports, charities and media practice Loosemores.

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DE_PASSPORT

Barrister’s experiment finds chambers value academics over experience

The results of a practising barrister’s experiment of applying for pupillage in a different area of law indicates that a lack of academic achievement remains a huge barrier even then.

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Top entrepreneur boosts stake in leading PI law firm

Transport entrepreneur Sir Brian Souter has boosted his stake in top personal injury firm Winn Solicitors, along with founder Jeff Winn, after the other external backer sold up.

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