News

Ban for law firm event executive who kept raffle prizes for herself

An events executive at a well-known London law firm who kept raffle prizes for herself has been banned from working in the profession.

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Trio of leading law firms facing ‘conspiracy’ claim win security for costs order

Three leading law firms being sued for unlawful means conspiracy have been awarded a multi-million pound security for costs order.

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Law Society censure “shows that LSB governance rules work”

The Legal Services Board’s public censure of the Law Society last month is evidence that its rules on regulatory independence do not need tightening, the Bar Council has argued.

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Former hedge fund manager invests in law firm to challenge status quo

A former hedge fund boss who wants a better service for those needing family law services is backing a multi-disciplinary law firm aimed at high net-worth individuals and family offices.

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“We need to bring judicial bullying into the open,” says Bar Council chair

There needs to be a culture of awareness and openness about bullying by judges, the chairman of the Bar Council has said.

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History as women become majority of solicitors – but still lag badly at partner level

Women have become the majority of practising solicitors for the first time, but men are still twice as likely to be partners, according to new figures.

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SRA’s insurance reforms “piling too much risk on consumers”

The Solicitors Regulation Authority’s plans to reform professional indemnity insurance and the compensation fund put too much risk on consumers without any commensurate benefit, a watchdog has warned.

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Law firms “complacent” about market changes, says bellwether report

Law firms are at risk of being overtaken by changes in the legal marketplace if they do not rethink how their businesses are run, according to a new survey.

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Credit hire and legal services group set to raise £25m from listing

A group bringing together credit hire and legal services is to list on the stock exchange this week. Anexo Group has recently obtained an ABS licence.

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AI “will help law firms make business decisions”, says Law Society report

Law firm managers and in-house counsel will increasingly rely on artificial intelligence for decisions on the best strategic course to take in the future, according to a Law Society study.

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