News

Private equity house backs fourth law firm acquisition

The private equity house looking to building a £100m legal services group has made its fourth acquisition with a bolt-on for Lancashire firm Farleys.

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Law Society research highlights solicitor wellbeing woes

Solicitors score lower than the UK average on all positive measures of wellbeing, and are more likely to rate their anxiety higher, Law Society research has revealed.

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Courts not “insurers of solicitors” in divorce cases where costs overrun

It is not the role of courts to act as “insurers of solicitors” who “overshoot, let alone dramatically overshoot” legal services payment orders, a Family Court judge has said.

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Firm rejects High Court criticism of partners’ “unreliable” evidence

Anglo-Scottish firm Shepherd & Wedderburn has rejected criticism made by a High Court judge of its managing partner and a litigation partner.

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Litigation funder records 261% return on Comet liquidator case

A listed litigation funder has announced a £12m profit on a £4.5m investment in the litigation that followed the collapse of electronics retailer Comet.

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Co-op to offer wills through Amazon as it unveils soaring finances

Co-operative Legal Services recorded a 19% increase in revenue and 60% rise in profit in 2022 as it became the first law firm to strike a deal to offer services through Amazon.

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Law firm’s negligent advice to football club owner caused no loss

A law firm advising on a dispute over the sale of Sheffield United FC was negligent, including in failing to advise that it had an own-client conflict, the High Court has ruled.

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Partner suspended for trying to “trick” farmer out of tenancy

A partner in a large Midlands law firm, who tried to “trick” an elderly farmer out of part of his protected tenancy in the way he sent notices to quit, has been suspended for a year.

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Employee ownership specialists become employee owned

A law firm specialising in employee ownership, which has advised other law firms on setting up employee ownership trusts, has itself become 100% owned by its employees.

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Home sellers “would pay more for faster conveyancing”

Almost nine in 10 vendors would pay more to have a faster conveyancing process, new research has revealed. as we report too on the latest BASPI iteration and proptech investment.

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