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.
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.
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.
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.
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.
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.
Solicitor wins claim against firm for unpaid commission on bills
A newly qualified solicitor has won an employment tribunal claim against a City law firm that sought to get out of paying him commission for exceeding his billing target.
Being a higher court judge is “saleable” post-retirement
Being a higher court judge is “saleable”, with post-judicial work “as significant a perk for many as the knight/damehood”, a former circuit judge has claimed.
Charity’s urgent cash appeal after Advicenow funding is refused
A charity has launched an emergency appeal for funds after its application for government cash to maintain the Advicenow website – a major legal resource for the public – was refused.
Ince Group was sold for £2.2m while owing creditors £41m
National law firm Axiom DWFM is paying £2.2m for listed practice Ince Group, whose creditors are owed £41m, according to the administrators, who set out what went wrong.
