Market monitor

The number of claims management companies continues to fall year on year and has dropped 80% over the past decade, new figures have shown.

A well-known law firm did not fire its chief executive because he made protected disclosures about financial problems that were discovered at the practice, the Employment Appeal Tribunal has ruled.

Partners at London law firm Mishcon de Reya have voted to explore a premium listing on the London Stock Exchange later this year, it announced today.

A former equity partner at Freeths has won a disability discrimination claim over the way the leading midlands law firm treated him after he was diagnosed with mental health problems.

A national panel of law firms is being created to allow estate agents and members of the public to find conveyancers prepared to provide buyers with upfront property transaction packs.

Three-quarters of law firms furloughed fee-earners last year and 84% support staff, a Law Society survey has found. Some 15% were forced to negotiate ‘time to pay’ arrangements with HMRC.

Listed legal services and credit hire business Anexo Group took advantage of competitors leaving the personal injury market or putting staff on furlough last year, it told investors yesterday.

The small claims limit for all personal injury claims other than RTAs will only rise to £1,500, rather than £2,000, and its introduction deferred, the government announced yesterday.

US dispersed law firm Rimon has entered the UK market as an alternative business structure, with plans to expand rapidly and challenge the likes of Keystone Law and gunnercooke.

A conveyancing solicitor has won her unfair dismissal and discrimination claim against a well-known Essex law firm by default after it filed its defence two days late.