Market monitor
Consumer law firm nets big acquisition and investment
Fast-growing consumer law firm Taylor Rose TTKW has more than doubled in size after taking over private equity-backed McMillan Williams – and has taken investment of its own, we can reveal.
Listed firms make lawyers multi-millionaires – on paper
The solicitor boss of listed law firm Knights entered the Sunday Times Rich List at the weekend, and our calculations show that lawyers at other listed firms are also worth many millions – on paper at least.
Barrister in libel battle with TV personalities
Comments about TV stars Rachel Riley and Tracy-Ann Oberman made in an article retweeted by a London barrister were defamatory, the High Court has ruled in a preliminary hearing.
Company “no longer a suspect” in SFO Quindell probe
The AIM-listed company formerly known as Quindell is no longer a suspect in the Serious Fraud Office’s investigation of what happened before the sale of its legal arm to Slater & Gordon.
City firm aims to help companies “repurpose”
City firm Mishcon de Reya has launched an advisory service for companies wanting to build “more sustainable and resilient” businesses as they emerge from the coronavirus crisis.
Ex-PI firm set to leave nearly £40m of debts unpaid
The outlook for creditors of failed personal injury firm Roberts Jackson is bleak, with nearly £40m that it owes, more than half to its private equity backer, unlikely to be repaid.
Conveyancing cheer as government reopens housing market
Conveyancers, estate agents and others involved in the home-moving process can return to work today in line with social distancing advice, the government announced last night.
Murder trial resumes with counsel and jury swapping seats
A jury trial resumed at the Old Bailey yesterday, with barristers in the jury and press boxes, and jurors socially distancing in counsel’s rows after being told there were no face masks for them.
£5m fund to support social welfare advice goes live
A fund worth more than £5m to sustain UK social justice advisers through the Covid-19 pandemic – and as a “catalyst for wider renewal” – has gone live today.
Law firms under lockdown: “A train that is running out of puff”
Reduced billing by law firms in April was covered by a parallel fall in costs and arrival of government money, but the lack of new work is going to hurt them badly, according to new research.