News

Law firm and top entrepreneur ramp up Thirdfort backing

Digital onboarding platform Thirdfort has secured £1.5m in its latest fundraising, with further backing from Zoopla entrepreneur Alex Chesterman and London law firm Mishcon de Reya.

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Solicitors who misused £1m raised from loan notes struck off

Two solicitors who issued £1m in loan notes to prop up their firm have been struck off for misusing the money and leaving their investors nursing huge losses.

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Irwin Mitchell tipped for £500m stock market listing – again

National consumer giant Irwin Mitchell is planning a stock market float valuing the law firm at £500m, according to press reports at the weekend. It could happen this year, said Sky News.

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Ince launches client onboarding solution for estate agents

Listed law firm Ince has launched a product to help estate agents onboard clients in a way that meets the demands of anti-money laundering regulations.

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Ban for accountant jailed over £400k theft from major City law firm

A management accountant jailed for stealing £400,000 from a major City law firm over six years has now been banned from working in the legal profession.

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Solicitor paid away £290k of sale proceeds after falling for email fraud

A veteran solicitor who was tricked by an email fraud to pay out £290,000 in proceeds from a conveyancing transaction to a third party has been fined £10,000.

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Covid hits revenue and profits at Co-op Legal Services

Revenue and profits at Co-operative Legal Services fell as a result of coronavirus but case volumes grew during last year, its annual results have shown.

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Petition calls for SRA to allow unsolicited approaches online

A solicitor has begun a petition urging the Solicitors Regulation Authority to allow firms to make unsolicited approaches to consumers online, saying the blanket ban goes too far.

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Bristol and Bath region targets growing lawtech role

There is a “growing cluster” of lawtech businesses in the Bristol and Bath area, along with hundreds of lawtech and innovation roles, with the chance to build on this significantly, new research has found.

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No TUPE protection for staff after firm’s owner made bankrupt

There was no protection for staff under the TUPE after the sole owner of a law firm was made bankrupt and the practice taken over, the Employment Appeal Tribunal has ruled.

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