Knights shares on the rise as trading update signals strong growth
Shares in Knights rose yesterday on the back of a strong trading update, with their price now doubled since the national law firm floated last June. Revenue for the financial year is expected to be up 50%.
Medical agencies need formal regulation, says MedCo
Evidence of misrepresentation, dishonesty and fraud by medical agencies supplying solicitors with expert reports means the government should consider formally regulating them, MedCo has argued.
Green light for new regime on when to report rule breaches
New requirements for reporting rule breaches to the Solicitors Regulation Authority have been approved by the Legal Services Board. The changes include a new ‘early investigation’ rule.
Warrant issued for barrister who harassed solicitor
A judge has issued a warrant for the arrest of a barrister accused of harassing a solicitor who refused to represent her on a pro bono basis.
“We do not dictate PI policy to ministers,” MIB boss insists
The head of the body building the new whiplash portal has insisted that the organisation “does not dictate policy to ministers”. He also revealed that the cost of setting up the portal would be £15m.
Principles for lawyers dealing with offshore structures published
International standards for lawyers advising on offshore commercial structures have been put forward at the same time as parliamentarians called for stronger laws on foreign ownership of UK property.
Deloitte seeks to leverage size advantage in tech race
Deloitte Legal in the UK is looking to ramp up its technology strategy as it bids to exploit its perceived advantage in providing multi-disciplinary services across the world.
Proudman calls for 50% of all chambers’ members to be women
There should be a 50% target of women in all chambers, along with an independent office that is responsible for furthering equality and diversity at the Bar, a campaigner has argued.
PE investor in failed law firm set to lose £22.5m
The private equity backer of failed personal injury firm Roberts Jackson is set to lose its entire £22.5m investment, while unsecured creditors will only receive pennies in the pound.
Smart contracts and investment: innovations speed march of lawtech
A City firm has launched an off-the-shelf smart contract for insurers which triggers an automatic payment to a solar power company if it is cloudy, while a legal tech company has attracted £1.2m in investment.
