Listed law firm’s shares soar on positive trading update
Keystone Law – the most successful listed law firm in 2018 when judged by share price – saw it soar a further 15% yesterday after a positive trading update.
VAT risk for law firms handling insurers’ claims work
New guidance on delegated authority claims handling by lawyers may create additional VAT costs for law firms and lead to disputes with their insurance clients, accountants have warned.
Immigration chief hits out as “abuse” by lawyers
The appeal system for failed asylum-seekers has been “heavily abused by some lawyers”, the former Home Office director-general of immigration enforcement has claimed.
Struck-off solicitor turned claims manager cannot return to roll
A struck-off solicitor who became a claims manager, and was fined £220,000 for cold calling, cannot return to the profession, the Solicitors Disciplinary Tribunal has decided.
Struck-off solicitor disbarred over legal aid fraud
A dual-qualified solicitor and barrister who was struck off after being convicted of conspiracy to defraud the Legal Aid Agency has now been disbarred. He was given a two-year suspended sentence.
Exclusive: Acquisition vehicle eyes PI firm deal rush
The law firm which bought private equity-owned Roberts Jackson out of administration is planning several more deals to help others exit the personal injury market, Legal Futures can reveal.
City firm sets up ‘cheaper’ subsidiary for hedge fund clients
City law firm FieldFisher has set up a separate practice with lower overheads to attract hedge fund clients who could not afford its fees. It is the latest “alternative solution” created by the firm.
Top law firm pays £3.5m for misleading US government
One of America’s most prestigious law firms has agreed to pay $4.6m and register as a ‘foreign agent’ after admitting to misleading the US government over work done for Ukraine.
Virtual firm adds share ownership to model
A new-model law firm has joined the growing band of practices that offer lawyers and staff a share ownership scheme, and has seen investments ranging from £2,500 to £120,000.
“Reproduction of the legal profession” at risk from automation
If junior associates are “gradually culled” from law firms as a result of automation, the “entire reproduction of the legal profession could be jeopardised”, a leading academic has warned.
