Latest news
Legal Ombudsman increases budget further despite opposition
The Legal Ombudsman is to increase its budget by £2m or 11.4%, having received fierce criticism of its initial plan for a 10.2% rise – but it was nearly even more.
Tier 1 medical agency quits MedCo amid fee and payment issues
There are now just nine tier 1 medical reporting organisations available on MedCo after one resigned from the system citing payment delays among other issues.
Paralegal fabricated email to cover up error
A paralegal has been banned from the profession for fabricating an email in a bid to cover up a mistake she made that led to a case being struck out.
Consultancy takes over running of Bar Sustainability Network
The Bar Council has transferred delivery of the Bar Sustainability Network from itself to a consultancy that specialises in running carbon-cutting initiatives across the legal profession.
Poor conduct of consumer claims “will see more firms collapse”
At least 15 consumer claims law firms have gone bust in the last five years owing more than £400m and poor practices in the sector will likely lead to more, a leading insurer has predicted.
“An unprecedented number of investors are looking at law right now”
In the second part of this interview, Will Evans, who leads the professional services team at Arrowpoint Advisory, talks about the next steps for private equity investment in the law.
Solicitor breached undertaking and loaned client cash to correct it
A solicitor who paid away proceeds of a property sale in breach of an undertaking and then loaned the client the money to make up the shortfall, has been fined for misconduct.
Regulators failing to support good-quality immigration work
Poor-quality immigration legal aid work is having “devastating consequences” for clients and better support from the Solicitors Regulation Authority would help, a report has found.
Private equity investors eyeing the full-service law firm model
We talk to Will Evans, a managing director at Arrowpoint Advisory, about how private equity activity in the legal market has sped up in recent months and looks set to continue.
OFSI: Lawyers’ sanctions failures mainly down to licence breaches
Most sanctions non-compliance by UK legal services providers is due to breaches of Office of Financial Sanctions Implementation licence conditions, it has revealed.
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