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Money cuts

Barrister disbarred after failing to pay share of fees to chambers

A barrister who dishonestly failed to pay his share of chambers’ fees has been disbarred. Over two years, he failed to inform 4 Kings Bench Walk of the fees he had received for 32 public access and then dishonestly failed to pay the chambers £4,236 which he was legally liable for as a result.

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Baroness Hale

Exclusive: LSB bids to calm senior judges’ worries over its vision for regulatory reform

The Legal Services Board is to meet with the deputy president of the Supreme Court, Baroness Hale, after she expressed the senior judiciary’s concern over its statement last year that the regulatory objective of ‘encouraging an independent, strong, diverse and effective legal profession’ was “problematic”.

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Trevor Griffiths

Stock exchange investment “needed to bring down law firm costs”

Increasingly demanding business clients and the need to raise capital to invest in technology to bring legal costs down will eventually lead to more commercial law firms listing on stock exchanges, according to a senior corporate adviser. He said listing offered a number of advantages.

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rcj 2

High Court ticks off unregulated legal business for not being clearer about its status

The High Court has criticised an unregulated legal business run by a non-practising barrister for “sailing too close to the wind” by failing to be clear in correspondence that it was not a solicitors’ firm. However, service of a claim by the company on behalf of a litigant in person was not invalid.

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Theresa May

Tories pledge whiplash reform and “stronger” legal services regulation

The Conservative Party is to press on with reforming personal injury, with a pledge in its election manifesto today to “reduce insurance costs for ordinary motorists by cracking down on fraudulent and exaggerated whiplash claims”. It has also promised to “strengthen legal services regulation”.

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Chris Bogart colour

Legal services market huge but “hard for investors to access”

The first ever investor conference aimed at the business of law in a listed environment has heard that while investment opportunities in the legal sector are limited, the sheer value of assets makes it attractive. The broker which organised it said: “We remain convinced that we will see more legal services businesses using a listing over time.”

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Lord Thomas_crop

Lord Chief Justice emphasises vital role of law schools in face of education reforms

The Lord Chief Justice has signalled concerns about the impending reform to educating law students, saying that a “very broadly based legal education” and law schools “as the centres of excellence” must not be diluted. Lord Thomas said the start of a legal career “must be at law school”.

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Paul-Bennett for Legal Futures

SRA should be wary of “litigation tactics disguised as conduct complaints” after ‘400 Club’ ruling

A Court of Appeal ruling this week that exonerated claimant personal injury solicitors of gaming the system for low-value road traffic accident claims is also evidence that the Solicitors Regulation Authority needs to take more care when dealing with complaints by parties to litigation, it was argued yesterday.

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Richard Turner Alpaca

ABS combining law, accountancy, finance, HR and more aims to be “doubly disruptive”

A one-stop shop for SMEs launched this week has set itself the goal of changing both the way legal and financial services are delivered and the way professionals work. By employing a “doubly disruptive philosophy”, it might be possible to break free not only of traditional business models but of traditional labels such as lawyer or accountant, the firm says.

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Howard Godfrey QC

QC reprimanded for “offensive” remarks in court about abuse victim

A barrister who claims to be a “master strategist and tactician” was reprimanded last week for making “offensive” comments about a child abuse victim while her mother sat in court. He said the 16-year-old “was not a young and innocent girl” as he represented her attacker in the Court of Appeal.

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