Litigation funder’s share price crashes as case losses stack up
Shares in listed funder LCM crashed by 60% yesterday after the number of cases it has lost meant there was “a material uncertainty in relation to our going concern status”.
Lawyers question whether High Court got Mazur right
Lawyers have been questioning whether the High Court was right in its contentious ruling in Mazur on the conduct of litigation, with the CPR key in the debate.
Judge says he used AI to summarise documents for ruling
A judge has used artificial intelligence to summarise documents and help him produce his ruling – but stressed that he had made the decision.
AML changes will heap “significant compliance burdens” on firms
Government changes to anti-money laundering rules around pooled client accounts could cause “significant and uncertain compliance burdens” for law firms.
Strike-off for solicitor who gave SDT false statement of means
A solicitor who completed a “false and misleading” statement of means for a Solicitors Disciplinary Tribunal hearing has been struck off.
Hacked law firm and barristers named in second wave of LeO decisions
The Legal Ombudsman has today published 10 of its final decisions in full, only the second release of public interest findings, and names barristers for the first time.
Bar Council hits back at “disgraceful” attacks on Black interns scheme
The Bar Council has hit out at the “disgraceful social media posts” responding to its launch of this year’s 10,000 Black Interns at the Bar programme.
Solicitor fined for letting down clients over off-plan investments
A solicitor who failed to advise clients on the risks of off-plan, buyer-led investment schemes has been fined £17,000 by the Solicitors Regulation Authority.
Launch of barrister apprenticeships moving closer
Candidates should soon be able to apply for the first barrister apprenticeships, it emerged at an event that also featured a debate about the existence of ‘imposter syndrome’.
Mazur ruling already being cited in court, senior judge reveals
The Senior Costs Judge has revealed that the Mazur case has already been cited before him and suggested that legal professional privilege could be a problem when dealing with the argument.
