The reasonable costs of a £25m class action settlement are “probably well in excess of £10m” but the lawyers and funder will only receive that if many of those entitled to damages do not claim them.
CILEX switching regulator to the Solicitors Regulation Authority may be a good idea but both have failed to provide the evidence to prove it, the Legal Services Consumer Panel has said.
White students are almost twice as likely to be sponsored by a law firm through law school than Asian and Black students, major new research for the Solicitors Regulation Authority has found.
There is currently “not a vision” for how people in the family justice system, clients and professionals, can “safely harness” the benefits of artificial intelligence, research has argued.
The extension of fixed recoverable costs to low value clinical negligence cases could be delayed to 2025 because of continuing issues with the new rules, it has emerged.
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.