Law firms set to enjoy second year of good PII market
The cost of professional indemnity insurance for many law firms fell last year, and there are positive signs for renewal in 2025 too, a leading broker has declared.
Law Society: “Huge adverse impact” from scrapping client accounts
Restricting or banning law firms from holding client money would be “unwarranted” and “undoubtedly have a huge adverse impact on the reputation of the profession”, the Law Society has warned.
Law firm invests in agentic AI startup after testing tools
An agentic AI start-up which aims to transform the way in-house legal teams handle high-volume work has attracted “significant” investment from London law firm Mishcon de Reya.
Supreme Court refuses Treasury intervention in motor finance case
Claimant lawyers yesterday celebrated the Supreme Court’s decision to reject HM Treasury’s bid to intervene in the motor finance appeal.
“Accusation without evidence” – tribunal slams SRA prosecution
The Solicitors Disciplinary Tribunal has castigated the Solicitors Regulation Authority for prosecuting a law firm and two partners based on “accusation without evidence”.
“You don’t have to start nude,” said barrister photographer
The barrister and amateur photographer suspended for two years for a conversation with a woman about modelling told her she did not have to start with nude pictures.
Plexus Legal administrators charge more than double original estimate
The administrators of Plexus Legal have now racked up more than £650,000 in fees in less than 18 months, more than twice their original estimate.
SRA waives £120k fine of law firm now in administration
The Solicitors Regulation Authority has waived a £120,000 fine it intended to levy on a law firm because it has now gone into administration.
Listed firm to wind down after failing to find administrators
Listed legal business RBG Holdings is to be wound down after failing to appoint an administrator, it announced to the London Stock Exchange this morning.
Local law societies condemn SRA plans for client money
The SRA’s plans to reform consumer protection arrangements are disproportionate, risk undermining public confidence and will not work, the five largest local law societies have warned.
