News

Solicitor left abandoned law firm in “chaotic state”

A solicitor who “abandoned” his law firm, leaving his office “in a chaotic state” with piles of letters thrown away as a fire hazard by neighbouring tenant, has been struck off.

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Law firm not negligent in advice to settle £2m claims

A law firm was not negligent in advice to settle £2m of claims brought by a businessman’s trustee in bankruptcy against his wife and daughter, the High Court has ruled.

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Neil Lloyd FBC

Law firm acquired by private equity aims to double in size in a year

The latest law firm to be bought by private equity has ambitions to more than double in size in just a year, its chief executive has revealed.

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Law firms tell SRA: we want to keep client account

A poll of law firms has found almost complete opposition to the Solicitors Regulation Authority’s idea of preventing them from holding client money.

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Fine for conveyancer who acted for lenders and himself

A solicitor who acted for lenders in conveyancing transactions without telling them he was also acting for himself and family members has been fined £12,500.

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Tribunal fines law firm for persistent transparency rule breaches

The Solicitors Disciplinary Tribunal has fined a law firm over £20,000 for failing to comply with the SRA’s transparency rules and requirements to have a COLP and COFA.

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City firm unfairly dismissed associate over party misconduct claims

A leading City law firm unfairly dismissed a senior associate for sexual misconduct after a defective investigation and disciplinary process, an employment tribunal has ruled.

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Iain Miller

Law firm launches consultancy to help investors enter legal market

City law firm Kingsley Napley has launched a strategic regulatory advice service for private equity firms and other investors eyeing up the UK and international legal market.

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Small law firms embracing AI as they move away from hourly billing

Small law firms have embraced artificial intelligence, with document drafting or automation the most popular application, according to new research.

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Law firm directors did not breach duties in setting up competitor

The Court of Appeal has refused to overturn a ruling that two former directors of a law firm were not in breach of their duties by taking preparatory steps to set up a competitor.

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