Majority of mid-sized law firms “have been approached by PE”
Seven in 10 of mid-sized law firms have been contacted in the last year by a private equity investor or PE-backed law firm about acquisition, according to new research.
Private equity opens door to US law firms with MSO deal
The door to external investment in US law firms has opened wide after a private equity house announced a deal with a personal injury practice.
GCs call on Law Society to withdraw whistleblowing guidance
A network of female general counsel has called on the Law Society to withdraw whistleblowing guidance for in-house lawyers, arguing that it “entrenches the longstanding bias against reporting”.
CA urges sampling approach to deal with bill for “eye-watering” costs
The Court of Appeal has described the costs claimed in a high-profile claim as “eye-watering even by Commercial Court standards” and urged a sampling approach to their assessment.
Supreme Court boosts consumer firms eyeing business energy claims
Consumers claims law firms will be sizing up the business energy claims market after the Supreme Court allowed a key appeal on undisclosed commissions by consent.
Strike off for solicitor who told colleague to lie
A family law solicitor who asked a newly qualified legal executive to lie to a litigant in person, having already lied to him herself, has been struck off.
CAT rejects relaxation of conflict of interest rule for panel members
The Competition Appeal Tribunal has decided against relaxing its conflict of interest rule for panel members and chairs, saying case-by-case recusals would not be a sufficient safeguard.
Family law giant goes international with Australia investment
The largest family law firm in the country is making good on its promise of cross-border expansion by moving into Scotland and Australia.
Success rate falls again as 96 new KCs are named
The appointments of 96 new King’s Counsel were announced today, with the success rate falling for the seventh year in a row.
Partner used client money to pay his tax bill
A partner at a London law firm responsible for dozens of unauthorised transfers from client account worth nearly £1.2m – in part to pay his tax bill – has been struck off.
