DWF partners rake in £4m from first share sales
Partners at DWF cashed in shares worth £4.25m yesterday at the first opportunity to sell some of the stock they received when it listed, as the firm announced a pause in M&A activity.
SRA fines leading firm for money laundering check failures
Well-known law firm Taylor Vinters has been fined by the Solicitors Regulation Authority for failing to undertake proper money laundering checks on millions of pounds paid into its client account.
Solicitor launches unregulated nanotech firm
A solicitor has launched what he believes is the first legal consultancy in the UK devoted entirely to nanotech firms, the latest to use the rules that allow solicitors to practise from unregulated firms.
Ruling exposes claims of Ince’s ex-French partners
The joint administrators of Ince & Co have been granted permission to apply to stay or dismiss claims brought against them in France by the former French partners of the City law firm.
“Extremely drunk” senior partner touched and kissed paralegal
The “extremely drunk” senior partner of a London law firm has been fined £10,000 for touching a paralegal on the bottom and kissing her on the neck while sitting next to her in a bar.
Covid knock-on puts future pupillage numbers under pressure
The number of chambers delaying pupillages that were due to start this month or next is likely to have a knock-on effect on the supply of places until 2022, the Bar Standards Board said today.
AI contract review innovator raises $10m
AI contract review specialist ThoughtRiver has secured a $10m (£7.5m) investment from venture capitalists to expand its presence around the world, with extra spending in the US and South-East Asia.
Shop nationally for cheaper legal fees, LSB tells consumers
Research showing significant regional variations in the price of legal advice “for what are fundamentally the same services” should encourage consumers to shop around, the Legal Services Board said today.
Gary Senior case: “An extraordinary abuse of position,” says SDT
The former managing partner of Baker McKenzie’s London office committed “an extraordinary abuse of position” by sexually harassing a junior fee-earner in his hotel room, the SDT has ruled.
Climate protest lawyers block Chancery Lane
Lawyers for Extinction Rebellion blocked Chancery Lane outside the Law Society on Friday to highlight concerns about the potential impact on lawyers’ careers of being arrested for peaceful protests.
