News

Vos: AI will redefine contours of professional negligence

Professional negligence lawyers need to grapple with the question of whether it is negligent to use – or not to use – artificial intelligence, the Master of the Rolls has said.

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Criminal practitioners receive best ratings in online reviews

Criminal law is the legal specialism most appreciated by clients in online reviews, new research has found, while firms in Leicester are highest rated, and those in Wrexham lowest.

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Law firms “could switch regulator” to evade financial mis-selling fee cap

Law firms have been told that moves to switch regulators to avoid fee caps being introduced for handling financial services mis-selling claims will be closely monitored.

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Private equity-owned law firms progress acquisition strategies

One private equity-owned law firm has unveiled its latest acquisition, while another has announced a re-financing deal so it can buy more firms.

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Law firm fails to strike out former partner’s unfair prejudice petition

Well-known London litigation firm Candey has failed in a bid to strike out an unfair prejudice claim brought by a former partner.

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Employment can offer barristers more ethical protection

Being employed by companies or law firms can give barristers more protection when faced with ethical challenges than those in private practice, it has been suggested.

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Law firm moves staff to four-day week

A law firm specialising in family and commercial work has seen fee income rise after introducing a four-day week. Staff are paid 100% of salary and their financial targets have not changed.

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SRA issues M&A warning to law firm buyers and sellers

Solicitors have been warned by their regulator about undertaking adequate due diligence on mergers and acquisitions and putting client interests first when striking the deal.

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One in four SME law firms yet to embrace SQE

More than a quarter of SME law firms (27%) have not yet embraced the Solicitors Qualiying Exam, and nearly a half are not offering solicitor apprenticeships, research has found.

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Law firm fined for allowing COFA to steal £157,000

A law firm whose compliance officer for finance and administration stole £157,000 has been fined for not having proper systems governing payments from client account.

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