Latest news
SRA “should be bolder” on third-party managed accounts
The Solicitors Regulation Authority should be “bolder” in its approach to third-party managed accounts, the Legal Services Consumer Panel has argued.
Barrister GC: Why can’t I sign off trainee solicitors’ work experience?
A general counsel has complained that she is unable to sign off the qualifying work experience (QWE) of trainee solicitors because she is a barrister.
Litigation funder stymied as divorcing couple drop proceedings
Financial remedy proceedings to which the Court of Appeal said a litigation funder could be a party so as to protect the £1m it was owed by the wife have now been dropped with the money still owing.
SRA “must improve authorisation of law firms” in wake of Axiom Ince
The SRA must pay “immediate attention” to weaknesses in its authorisation process for new law firms in the wake of the Axiom Ince collapse, the Law Society has argued.
Firm’s £3m of invoices face assessment after losing ‘statute bill’ fight
National law firm Weightmans is to have nearly 50 invoices totalling £3m subjected to a detailed assessment after failing to convince a judge they were interim statute bills.
Judge rejects defendant’s request to pay law firm’s £2m costs
A High Court judge has refused a request from a defendant in the London Capital & Finance fraud case to use the proceeds of sale of his home to pay his solicitors over £2m.
SRA agrees to take over regulation of CILEX members
The board of the Solicitors Regulation Authority has agreed to regulate CILEX members if it decides to press ahead with changing regulator.
Niche advice law firm expands into litigation funding agreements
A law firm which specialises in providing independent legal advice where needed in property, banking and finance transactions has expanded to litigation funding agreements.
Partner underperformance hitting many law firms’ profitability
Partner underperformance remains an issue for most law firms and continues to affect profitability “significantly”, according to new research.
Ex-solicitor struck off 24 years ago fails in bid to return to roll
A woman struck off as a solicitor 24 years ago has failed in her second attempt to be restored to the roll, with a tribunal saying the passage of time did not of itself justify it.
Blog
Mind the (justice) gap: Why are RTAs going up but claims still down?
The gap between the number of road traffic accident injuries and the number of motor injury claims continues to widen, according to the latest government data.
Five key issues to consider when adopting an AI-based legal tech
As generative AI starts to play a bigger role in our working lives, there are some key issues that your law firm needs to consider when adopting an AI-based legal tech.
Bulk litigation – not always working in consumers interests
For consumers to get the benefit, bulk litigation needs to be done well, and we are increasingly concerned that there are significant problems in some areas of this market.
Reports
Associates
