News

“Pre-budget inertia” costs listed law firm £3m

Listed law firm Gateley has estimated that “pre-budget transactional inertia” shrunk its revenue by around £3m, wiping out growth in its corporate department.

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Land Registry data puts spotlight on law firm errors

Most of the HM Land Registry customers will avoidable requisition rates of 20% or more are law firms, new figures have revealed.

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Government to ratchet up pressure on “corrupt” lawyers

The government yesterday pledged further action to target professional enablers of fraud, like corrupt lawyers, and called for “innovative” approaches to strengthening ethics.

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Tribunal lifts restrictions on solicitor who failed to pay PII premiums

The SDT has lifted all restrictions on the future practice of a solicitor who was indefinitely suspended for failing to pay indemnity insurance premiums.

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Reports of bullying and harassment by barristers almost double

The number of reports to the Bar Standards Board of bullying and harassment has almost doubled in the last year, the regulator has revealed.

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Top litigation funder puts consumer claims fund into liquidation

Katch Fund Solutions – which is funding consumer claims worth hundreds of millions of pounds – has put its litigation fund into liquidation, it has emerged.

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Year of M&A talks failed to find partner for historic Midlands firm

Midlands law firm Wright Hassall held talks with 28 possible acquirers or merger partners over the course of a year before being sold in a pre-pack administration to one of them.

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“Tide is turning” as county court delays continue to fall

Delays in the county courts are finally on the decline but they still comfortably exceed a year for anything but the small claims track, according to new figures.

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Lammy launches English Law Promotion Panel

The government has gathered a group of leading figures in the law and business into the English Law Promotion Panel with the aim of “future-proofing” the UK legal sector.

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SRA will take “sympathetic” approach to pre-Mazur breaches

The SRA will respond “sympathetically” to self-reports from those who may have been operating incorrectly under the terms of the Mazur ruling.

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