News

Fine for partner who failed to detail work on client files

A partner who billed for her time ‘considering’ matters but did not detail in attendance notes what she had actually done has been fined by the Solicitors Regulation Authority.

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Class action firm scores “largest ever” £100m funding deal

Class action specialist PGMBM has secured funding of £100m from alternative investments firm North Wall Capital, in what is believed to be the largest deal of its kind with a claimant law firm.

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Stamp duty holiday sparks 85% surge in Land Registry complaints

HM Land Registry was hit by a surge of 85% in complaints over the past year in the wake of the property boom sparked by the stamp duty holiday, its annual report has revealed.

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BSB board members call for “radical thinking” on backlog

“Radical thinking” is needed by the Bar Standards Board to get a grip on the growing backlog of investigations and poor performance on timeliness, board members have said.

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ESG key to expanding litigation funding market, says report

The ESG – environment, social and governance – agenda will be the key driver of growth in litigation funding in the UK and continental Europe in the coming years, new research has predicted.

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CLC warns on shutdowns after conveyancer abandons 15,000 files

The Council for Licensed Conveyancers has warned firms about the importance of proper file storage and data retention, after a licensed conveyancer abandoned 15,000 archived files.

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Bar Council and Law Society unhappy with LSB’s oversight reforms

The Bar Council and Law Society have attacked proposed Legal Services Board changes to way it assesses frontline regulators’ performance.

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BSB highlights freedom of expression in social media guidance

The Bar Standards Board has introduced new guidance on social media which “gives greater recognition to a barrister’s right to freedom of expression”.

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Platform aims to help smaller law firms “democratise” group actions

Group actions will no longer be the preserve of a few large claimant firms, according to the founders of an online platform whose development was supported by the SRA’s Legal Access Challenge.

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Oscar Davies

Non-binary barrister: “Judges can be ignorant of gender neutral address”

A barrister who identifies as non-binary sometimes has to endure a judge’s ignorance about how to address them correctly, a meeting heard this week.

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Reports


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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