Company & Commercial
Court allows City giant to progress ex-client’s claim on assignment
A major City law firm can continue bringing a case it took on assignment from former clients which could mitigate a possible professional negligence claim.
“Accusation without evidence” – tribunal slams SRA prosecution
The Solicitors Disciplinary Tribunal has castigated the Solicitors Regulation Authority for prosecuting a law firm and two partners based on “accusation without evidence”.
Innovative law group looks to upset competition with AI pricing
A legal business has pledged only to charge clients a “small mark-up” on services provided by AI, predicting that other law firms would “hate” it doing this.
Post Office scandal shows boards “need to oversee legal risk”
The Post Office scandal shows that company boards need to have “responsible oversight of legal risk” and not show “excessive deference” to legal advice, according to the IoD.
Embracing the Madness – firm begins acquisition push with music practice
A London law firm with a host of high-profile clients is targeting more acquisitions after bringing in a boutique practice particularly well known for its entertainment work.
London law firm takes stake in esports talent management agency
A London law firm has launched a talent management agency for esports and gaming professionals, in partnership with an established esports business.
Commercial firm launches all-embracing legal platform for SMEs
A national law firm has launched a legal platform aimed particularly at SMEs, which combines document generation with training, a ‘knowledge bank’ and advice from its lawyers.
Solicitor launches legal platform for recruitment businesses
A solicitor and former recruiter, and founder of a law firm which works entirely for recruitment consultancies, has launched an online platform to protect them from disputes.
M&A platform to offer buyers “completely automated” legal service
A law firm has developed a platform to provide buyers of small businesses with a “completely automated legal service” that could cost them as little at £2,000,
Listed law firm plans to double in size as it hits £150m revenue
Listed law firm Knights is planning to “double the business in medium term” as revenue hit £150m for the first time, although net debt rose to £35m.
Fast-growing accountancy consolidator launches law firm
A private equity-backed accountancy firm that has built a £130m practice in just 16 months has now launched a law firm too.
City solicitor’s tech start-up receives $6m funding boost
A start-up that creates visual models of complex legal transactions, set up by a former City solicitor, has announced a $6m funding boost, led by American investors.
Judge strikes out £68m negligence claim against law firm
A High Court judge has struck out a £68m negligence claim against a law firm brought by companies in liquidation as a result of failed property development schemes.
Insolvency law “entirely capable” of dealing with digital assets
English insolvency law is “entirely capable of convenient and sensible application to disputes concerning digital assets”, an expert panel has declared.
$1.8m negligence claim against City law firm “must go to trial”
A businessman’s $1.75m negligence claim against City law firm Clyde & Co for allegedly failing to advise him properly on the risk of an anti-suit injunction “must go to trial”, the High Court has ruled.
