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Third-party funder paid €26m for backing disputed arbitration award
A third-party funder has been paid €26m (£22m) after its client monetised a disputed arbitration award that it backed. The Republic of Italy, the defendant, is currently trying to annul the decision
SRA fails in appeal over solicitor cleared of AML breaches
The High Court has upheld a ruling by the SDT that a solicitor’s errors in conducting due diligence for anti-money laundering purposes did not amount to professional misconduct.
Scottish solicitors to vote on ditching support for ABSs
Solicitors in Scotland will tomorrow vote on whether to oppose government plans to push ahead with alternative business structures.
Conveyancer backdated deed he had forgotten to draft
A vastly experienced conveyancer who backdated a deed of easement he had forgotten to prepare as part of a transaction has been barred from working in the profession.
West Midlands ‘supercluster’ aims to drive forward lawtech
Plans to boost innovation and the use of lawtech in the West Midlands over the next decade have been unveiled by the UK’s first professional services technology ‘supercluster’.
Let us lead on equality, Bar Council chair tells BSB
The chairman of the Bar Council has urged the Bar Standards Board to let it lead work on improving equality, diversity and inclusion in the profession.
Conveyancers facing “more hostile environment than ever”
Conveyancers are facing a “an environment more hostile than ever before” and clients have “never been so litigious”, the owner of a well-known firm has warned.
SRA’s client money warning: partners need to replace money at once
Law firm partners have been told that they must dip into their own pockets to replace any shortages on client accounts immediately upon discovery.
Barrister jailed for three years over legal aid fraud
A barrister and part-time immigration tribunal judge who was the last of a group of lawyers found guilty of defrauding the Legal Aid Agency has been jailed for three years.
Exclusive: SSB clients “uncertain” about insurer’s assignment offer
Former clients of the collapsed SSB Group are “confused and uncertain” about an insurer’s offer to stop pursuing them for costs if they assign their claims against the law firm.
Blog
The AI legal leap: Why firms must adapt now or risk falling behind
Once known for its cautious approach to new technology, the legal sector has undergone a dramatic shift. Today, almost all firms in the UK use AI in some capacity.
The AI revolution: practice excellence is about to reach a new level
The crux of all conversations with law firms has been: “how can generative AI support greater practice and client service without compromising security?”
TikTok or TikNot: Is social media working for you?
The average law firm spends around a quarter of its marketing budget on social media but sees little in return, our research found.
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