“No incentive” for private equity investors to dilute firms’ ethics
There is no reason why a law firm backed by private equity would be “less professionally ethical” than one owned by its lawyer-partners, a regulatory specialist has argued.
PE-backed deal and reverse takeover lead latest M&A rush
The annual rush of M&A activity around the October insurance renewal season has included a private equity-backed deal and a firm buying another more than twice its size.
Allegation over solicitor’s role in will “should never have been made”
An allegation that an old woman who owned a farm in Devon signed codicils under the undue influence of a solicitor “should never have been made”, a High Court judge has said.
Strike-off for solicitor who misled client, court and law firm
A solicitor who misled her divorce client, the Family Court and the owner of her law firm – leading to the client being issued with a penal notice – has been struck off.
BSB goes ahead with new complaints rules for barristers
The Bar Standards Board has decided to go ahead with rule changes requiring barristers to tell it every year, via their chambers, about any complaints they receive.
Law firm targets London growth after taking private equity
A 25-partner law firm has become the first mid-market practice in London to take private equity investment, with plans to grow both organically and through acquisition.
Solicitors vote down Law Society bid to raise SGM threshold
The Law Society leadership yesterday lost the vote on its bid to increase the threshold for calling an SGM – and then immediately triggered a ballot of all members.
Court of Appeal crushes challenge to advocates’ immunity
A high-powered Court of Appeal has overturned and completely rejected a High Court ruling that had opened a crack in advocates’ immunity.
Mazur: Non-authorised person “should not be client’s main contact”
Our round-up of developments on the Mazur ruling includes a warning that law firms should consider prohibiting non-authorised staff from being clients’ main point of contact.
Litigation partner’s errors “did not amount to misconduct”
The Solicitors Disciplinary Tribunal has dismissed all allegations against a commercial litigation partner whose “shortcomings did not amount to misconduct”.
