Law firm faces £5.1m breach of contract claim
London commercial property law firm Maples Teesdale is facing a claim for up to £5.1m for repudiatory breach of contract after losing a bid in the High Court to have the case thrown out. The claimant argued that the firm became a party to the deal to buy a £20m property after it emerged that the company on whose behalf it signed the contract was not incorporated.
Kent County Council narrows down potential ABS joint venture partners to one
Kent County Council, which tendered for a joint venture partner to set up alternative business structure last autumn, has narrowed the list of potential candidates to one, it has emerged. The bidder will make a presentation to Kent’s commissioning advisory board in early September.
“Compelling case” for reform of regulation, says LSB, as focus on independence intensifies
There is a “compelling case to introduce a new regulatory settlement” for the legal market in the medium term, the Legal Services Board told the government today. A report said it was “increasingly clear” that the absence of full separation between the representative bodies and legal regulators is proving “a strong impediment to progress”.
Fresh blow to Slater & Gordon as major Quindell contract comes to premature end
The agreement between Slater & Gordon’s professional services division (PSD) and the country’s biggest high street insurance broker has come to an end just months after it signed a multi-year renewal.
‘List of defaulting solicitors’ to be ditched but cab-rank rule set to survive
The Bar Standards Board is to dispense with its ‘list of defaulting solicitors’ and replace it with a new rule allowing barristers to refuse work under the cab-rank rule where there is an “unacceptable risk” that they will not get paid.
Law firm loses FoI bid to learn names of complainants
A law firm which demanded the details of people who had contacted the Solicitors Regulation Authority to allege misconduct has been firmly rebuffed by the Law Society’s freedom of information commissioner.
Bar lifts the lid on shocking sexism faced by female barristers
A Bar Council report on the working lives of women barristers has revealed more clearly than ever the shocking sexism that some of them have faced during their careers, particularly while pupils. Women also complained of being forced to specialise in family and sex crime cases.
LSB approves relaxation of separate business rule
The Legal Services Board has approved radical reforms of the separate business rule for solicitors, while noting that the changes “carry some risks to consumers”. Information on the difference between regulated and unregulated services is to be tested with consumers before the change comes into force.
Law Society to target big business in new “solicitor brand” campaign
The Law Society’s membership board has approved plans for a long-term campaign to boost the ‘solicitor brand’, which will include bigger businesses and in-house lawyers as buyers of legal services. It is due to be launched next year.
Accountancy and legal ABS aims to be one-stop shop for SMEs
A former high-flying banker, who worked at Lehman Brothers before the crash, has told Legal Futures how he developed a plan to set up a pioneering alternative business structure while travelling in Vietnam. Zahid Hussein said he wants Z Group to be an integrated one-stop shop for SMEs.
