News

Law Society urges “targeted risk” model for COLP/COFA reform

The Law Society has put forward a “targeted risk” model as an alternative to the Solicitors Regulation Authority’s changes to the rules around COLPs and COFAs.

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PE-owned firm kicks off acquisitions with property move

National firm Canford Law has acquired ,property services business PDC Group, its first deal since being bought by private equity, as we round up the latest deals.

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Look who’s back – Goodhead returns to challenge ex-firm

Tom Goodhead, who was ousted last year as the boss of Pogust Goodhead, is leading efforts to wrestle control of the case away from it, he confirmed yesterday.

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Courts cannot be left behind in AI rush, says minister

The government cannot allow a two-tier system where City law firms are at the cutting edge of AI use while the courts are “stuck in the analogue age”, said minister Sarah Sackman.

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SME firms focus on profit over turnover amid AI spending

Four in five SME law firms have committed specific funds to AI-based solutions, according to new research that showed them focusing more on increasing profitability than turnover.

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FCA adds ban to SRA’s £4m fine for collapsed law firm’s owner

The Financial Conduct Authority has banned the former owner of collapsed law firm Kingly Solicitors from working in financial services.

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Family law solicitor to livestream 24-hour Q&A marathon

A family law solicitor will this week hold a 24-hour Q&A marathon which will be livestreamed on Facebook and YouTube.

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The student who used AI to win his claim against energy giant

An Oxford doctoral student with no legal training is celebrating using AI to bring a successful claim against energy provider SSE over a defunct electricity meter for which it tried to charge him.

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Listed law firm issues special dividend on back of strong results

AIM-listed firm Keystone Law announced a special dividend for shareholders yesterday after announcing a 23% increase in revenue and 31% jump in profit before tax.

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Barrister takes over as new chair of justice select committee

Barrister and Labour MP Catherine Atkinson has been elected as the new chair of justice select committee after winning a majority of backbench MPs in the first round of voting.

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