AI and private equity “reshaping partner pay”
The traditional metrics and models used to calculate partners’ pay are coming under mounting pressure from the rise of artificial intelligence and private equity.
Lawyers may have to pay LeO case fee even if complaint is dismissed
Law firms may for the first time have to pay a case fee for complaints dismissed by the Legal Ombudsman, under new proposals published yesterday.
Law firm cuts working week to protect people and profit
A Milton Keynes-headquartered law firm has introduced a 35-hour working week as part of a long-term plan to protect both people and profit.
Litigation funder fails in bid for greater profit from Mastercard claim
The Divisional Court has rejected the high-profile challenge by a litigation funder to its return from the Merricks Mastercard claim, which settled for £200m.
MPs quiz prospective JAC chair on 18-month term of office
The government’s preferred candidate to chair the Judicial Appointments Commission told MPs yesterday that she was relaxed about only being offered a term of 18 months.
Litigation funding reform remains our intention, minister tells MPs
Litigation funding reform, the interest on lawyers’ client accounts scheme and the regulation of legal AI tools were all on the agenda for justice minister Sarah Sackman yesterday.
Claims firm expects winding-up petition to be dismissed
A North-West consumer claims law firm that was facing a winding-up petition has paid its debt and expects the matter to be formally concluded soon.
Consumers need “clearer signposting” to legal expenses insurance
There should be “clearer national signposting” to point consumers towards both legal advice services and insurance-backed provision, a report has recommended.
New family law service tackles misunderstanding around neurodivergency
A team of child protection solicitors have created a new family law service, specialising in support for parents and children with neurodivergent conditions.
Legal services lead way as government’s first AI Growth Lab
Legal services will be the first sector to join the government’s new AI Growth Labs – providing a regulatory sandbox for AI systems – justice secretary David Lammy announced yesterday.
