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Criticism of the Solicitors Regulation Authority poured in yesterday in the wake of the report into how it dealt with Axiom Ince, although the notion of more controls on M&A sparked concern.

Mental health challenges are costing large law firms millions of pounds every year and reducing productivity by 19%, a report has indicated.

The SRA “did not take all the steps it could or should have taken” ahead of the collapse of Axiom Ince, the review commissioned by Legal Services Board declared today.

Another private equity business has entered the legal market with a £30m pot to create a new group and has made Midlands firm FBC Manby Bowdler its first acquisition.

The leader of a plot based on pseudo-legal ideas to kidnap the Senior Coroner for Essex has been jailed for seven years, and the three people who helped him for two and a half years each.

Conveyancers spend approaching half of their working day chasing other stakeholders or being chased by them, a report has found.

A well-known sports law firm has failed to convince the High Court to restrain a litigation funder from advertising a winding-up petition over a loan it has not repaid.

A solicitor who sent “threatening” letters to at least 244 secondary schools, telling them they could be at risk of criminal or civil liability for implementing Covid measures, has been fined £2,500.

The Court of Appeal has opened the door to billions of pounds worth of claims for mis-sold motor finance after finding dealers in breach of their fiduciary duty to customers.

An LPC graduate who knew she had three months to issue an employment tribunal claim against a law firm where she worked has been refused an extension of time to bring it.