News

SRA: Consumers “at risk from lawyers who do not understand tech”

A lack of digital skills across the UK could be a risk for consumers and law firms if lawyers “do not fully understand” new technology, the SRA has warned.

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“Rapid uptake” of AI by in-house lawyers to manage litigation

There has been a “rapid uptake” of AI by in-house legal teams in the past year, with four out of 10 adopting it for the first time to manage litigation.

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Listed law firm’s diversification strategy paying off

Non-legal professional services now account for 30% of the revenue of pioneering listed law firm Gateley, it revealed yesterday alongside good first-half results.

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Financial services barristers fill gap in market with ABS

A specialist chambers of financial services barristers is filling “a gap in the market” by setting up as an alternative business structure regulated by the Bar Standards Board.

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Top law firm unfairly dismissed commercial director

A former commercial director at London law firm Mishcon de Reya has won his claim for constructive unfair dismissal, in part over the non-payment of commission he was due.

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Fee-share partner fined for using client account as banking facility

A partner at leading fee-share firm gunnercooke has been fined £14,000 for using the practice’s client account as a banking facility.

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Solicitor had clients pay fees into personal bank account

A solicitor has been struck off for telling clients to pay small sums of money into his personal account – but, very unusually, his identity has been kept secret.

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Growing profits validating consolidation strategy, says listed firm

Growing profit before tax at listed law firm Knights is evidence of the success of its consolidation strategy, chief executive David Beech said today.

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Merricks hit by indemnity costs for “completely inappropriate” allegations

The Competition and Appeals Tribunal has imposed an indemnity costs order on Walter Merricks, class representative in the groundbreaking collective action against Mastercard.

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Court adjourns law firm negligence trial over KC’s illness

The High Court has adjourned next week’s trial of a £32m claim against a Manchester law firm because its KC is ill, holding that it would be unfair to force it to proceed with junior counsel.

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