News

£600k awareness campaign for Mastercard class action goes live

A £600,000 print and digital advertising campaign to draw public attention to the landmark £17bn Mastercard class action began yesterday.

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ABS aims to combine best of traditional and consultancy law firms

An alternative business structure that aims to combine the best of traditional law firms and of the new-model fee-share practices has gone live.

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“Culture change needed” for in-house teams to reap benefits of liberalisation

Cultural change is needed for in-house legal teams to fully benefit from the wider liberalisation in the market since the Legal Services Act reforms took hold, a new report has argued.

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Solicitor’s visual modelling start-up receives £3m funding boost

A start-up founded by a City solicitor that creates visual models of complex legal transactions is aiming to double in size by the end of next year after raising almost £3m in funding.

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MPs approve management specialist as JAC chair

The justice select committee has backed the appointment of management specialist Helen Pitcher as the new chair of the Judicial Appointments Commission.

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Bar regulator faces formal LSB action over performance crisis

The LSB has begun talking about taking formal action against the BSB over shortcomings in its performance, which it has emerged include how it has dealt with the Post Office scandal.

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Leading Midlands law firm is latest to adopt B Corp status

A leading Midlands law firm has become the fourth in the UK to obtain B Corporation status, meaning that it aims to balance profit with purpose.

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Lawyers billing more hours, but write-offs increasing too

Almost all larger law firms are increasing billable hours targets for their lawyers but write-offs are also on the rise, a report has found.

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MPs quiz government’s choice for JAC on dual roles and diversity

The prospective chair of the Judicial Appointments Commission has sought to reassure MPs that she will have enough time to combine the post with remaining chair of the CCRC.

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Law firms “lack confidence in negotiating fees”

Seven in ten law firms say they lack confidence in negotiating fees while 40% “do not know with any certainty” what proportion of their client relationships are profitable.

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