PE house outlines ‘sweet equity’ offer to keep law firm staff happy
Maintaining a route to the equity for salaried partners and senior associates is key to the smooth acceptance of private equity money at law firms, an investor has argued.
Commercial law firm to have name on Everton’s new stadium
Hill Dickinson has agreed the highest-profile sports sponsorship in legal history by securing a “long-term” naming rights deal for Premier League football club Everton’s new stadium.
‘Integrity’ index downgrades law firms that did deals with Trump
Law firms which struck deals with President Trump to avoid punitive executive orders have been downgraded by an index which aims to help clients assess their “integrity and values”.
Ex-solicitor cited fake cases in bid to appeal strike-off
The High Court has refused to extend time for a former solicitor to appeal against being struck off in 2017 and in any event struck out the grounds for citing 25 non-existent cases.
“Not improper” for barrister to compare Israel with Nazi Germany
A barrister acted within professional boundaries in arguing that comparing Israel with Nazi Germany was not inherently antisemitic, the High Court has ruled – although his client’s tweets doing so were.
Electronic wills at heart of overhaul of 188-year-old law
Plans to modernise will making – including allowing electronic wills – and reduce the number of disputes were today published by the Law Commission.
SRA hands out record £4m fine to non-lawyer owner of failed firm
The Solicitors Regulation Authority has imposed its largest-ever fine, just shy of £4m, on the former non-solicitor owner of collapsed law firm Kingly Solicitors.
High Court upholds strike-off for solicitor’s antisemitic tweets
The High Court has upheld the decision to strike off a solicitor over tweets on Israel and Palestine, saying they showed “unvarnished antisemitic racism”.
Private equity boom pushes law firm valuations to “upper end”
Competition among private equity buyers has pushed the value of law firms to the “upper end” of their “legitimate range”, it was claimed yesterday.
In-house solicitors’ contracts should “incorporate ethical rules”
A template letter for formally incorporating professional ethical obligations into an in-house solicitor’s employment contract was published yesterday by the Law Society.
