Smaller law firms reject M&A in favour of organic growth
The proportion of smaller law firms considering merger or acquisition as a growth strategy has halved in a year to just one in 20, with a shift in focus to organic growth.
Conveyancers “should advise on liability from climate risks”
Solicitors should advise clients in property transactions on the potential liability they face from “climate risks”, the Law Society has said in new guidance.
Confusion reigns after property information guidance withdrawn
The withdrawal of the material information guidance for estate agents was met last week with a mixture of confusion, alarm and celebration by lawyers.
Law firm “justified” in not promoting salaried partner to equity
A salaried partner was “unrealistic” in his expectation of joining the equity of his firm given the poor financial performance of his department, an employment tribunal has ruled.
Eversheds staffer created invoices for pro bono case
A former Eversheds Sutherland employee who created invoices for a pro bono matter he brought to the firm has been banned from the profession.
CA refuses to hear appeal from man who stalked judge
The Court of Appeal has refused to hear an appeal from man sentenced to eight years in prison for stalking a judge – having previously been jailed for civil contempt of court.
SRA seeks extra £11m as complaints about solicitors soar 20%
A “significant and sustained increase” in the number of reports about solicitor misconduct is fuelling the SRA’s plans for an £11m increase in its budget to £168m.
Law firm takes assignment of client’s claim after pay out
A law firm that paid out £750,000 to a buyer client over an error on a property transaction has taken assignment of its claim against the seller.
Law school sets minimum “secure” assessments to combat GenAI
At least half of the assessments of law students at University College London must now be in a form that “reliably safeguard against the use” of GenAI, it has decided.
Legal Services Board ratchets up pressure over BSB performance
The Bar Standards Board is not improving its performance with “sufficient urgency or pace”, the oversight regulator has concluded.
