Latest news
Client account interest drives rising profits at SME law firms
Almost all of the 21% increase in profits per partner seen by SME law firms last year came from client account interest and they need to “wean themselves off” it, a Law Society report has warned.
Regional mergers and another PE-backed deal in latest M&A
The private equity owned Fletchers Group made another acquisition yesterday, while a merger is set to create a 500-person firm operating in Lincolnshire and Yorkshire.
Barrister who harassed woman at party suspended for three months
A male barrister who harassed a woman at his chambers’ Christmas party both physically and verbally has been suspended from practice for three months.
Thousands of motor finance claims can be brought via omnibus forms
The High Court has overturned a ruling that 5,823 people with motor finance commission claims have to file individual claims, rather than sue via eight omnibus claim forms.
City solicitors hit out at SRA’s “instinct to overregulate”
The SRA’s plans to reform consumer protection arrangements demonstrate its instinct to “overregulate” the profession, City solicitors have claimed.
Litigation funder awarded £2.1m on assigned claim
A litigation funder that took assignment of an inventor’s claim that his idea was ripped off by early stage investors has been awarded £2.15m in damages.
Solicitor’s joy as miscarriage campaign set to succeed
A solicitor campaigning for statutory leave for those suffering baby loss says she has been “crying my eyes out with tears of happiness” after learning the government is to change the law.
High-profile conveyancer disqualified for misleading 300 students
A high-profile licensed conveyancer has been thrown out of the profession for not telling 300 apprentices and students that his training academy had lost its official accreditation.
Listed law firm makes 23rd and biggest acquisition to date
National firm Knights yesterday announced its 23rd and biggest acquisition since listing nearly seven years with a £30m deal for South-East practice IBB Law.
Fee-earner banned for misleading firm over Law Society accreditation
A fee-earner has been banned for misleading her firm into thinking that her membership of the Law Society’s mental health accreditation scheme had been renewed.
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