News

Ex-partner fails in challenge to City firm’s accounts

A law firm was wrong to make provision in its statutory accounts for all of the money owed by a fixed-share partner, but not when it came to the partners’ accounts, the High Court has ruled.

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American Bar Association motion exposes ABS fault line

The widening fault-lines in the US legal profession over alternative business structures (ABSs) are set to be on show this week at the American Bar Association annual conference.

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Judges to be disciplined by lay majority panels

Disciplinary panels hearing cases of judicial misconduct will have lay majorities, the Ministry of Justice (MoJ) and the judiciary have decided, as part of a major overhaul of the system.

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Law Society and SRA to recoup extra £10m from solicitors

Practising fees for solicitors are to increase by 10%, or £10.4m, in the next year, with the practising certificate fee to rise £20, the Law Society and Solicitors Regulation Authority have proposed.

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Claim against law firm lost by court still thrown out for late service

The High Court has upheld a decision to throw out a negligence claim against a law firm because it was served too late – even though the court had actually lost the claim.

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EAT reinstates discrimination claim against law firm

A tribunal was wrong to dismiss a discrimination claim against a law firm on the basis of the claimant’s non-attendance at the hearing, the Employment Appeal Tribunal has ruled.

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Judge overrides Essex firm’s objections to move case to Leeds

The liaison judge for the Administrative Court in the north has rejected an appeal from an Essex law firm that said it was not “convenient” for a case to be transferred from London to Leeds.

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New conveyancing ABS using chatbot to cut transaction times

A conveyancing alternative business structure launched last month aims to cut transaction times by at least a month, using a chatbot to help clients complete a seller’s pack.

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Simpson Millar exits most of private client in profitability push

National firm Simpson Millar is to exit private client services except for personal injury and family law as part of a major restructure sparked in part by the introduction next year of fixed recoverable costs.

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CMA orders break-up of property search giant

The merger of two of the four big property search providers “substantially lessens competition”, the Competition and Markets Authority has decided, ordering Dye & Durham to sell TM Group.

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The legal sector is enjoying its strongest period of growth in 15 years, driven by private equity investment, merger and acquisition activity, AI and a wave of new business models The Law Firm Growth Report explores the strategic choices facing… Read More