Scale and pace of law firm M&A “will increase this year”
There is a “higher level of confidence” among law firm buyers and “clear signs that the scale and pace” of M&A will increase in 2024, a report has found.
NAO exposes government’s failure to manage legal aid market
The Ministry of Justice’s failure to manage the legal aid market – beyond reducing its budget – has been laid bare by a major report from the National Audit Office.
Public “may reasonably question” SRA approach to Post Office scandal
Members of the public may “reasonably question” the ‘wait and see’ approach of the SRA to disciplinary action in the Post Office scandal, a regulatory expert and former SRA manager has said.
Attorney General urges collective action on bullying at Bar
The Attorney General has praised barristers who speak up about bullying and harassment at the Bar but said more than individual reports are needed to tackle the problem.
SRA goes ahead with fee caps for financial mis-selling claims
The SRA is going ahead with plans to introduce the same system of fee caps for law firms handling financial services mis-selling claims as the Financial Conduct Authority has for CMCs.
Minister urges conveyancers to increase pace of innovation
Conveyancers have “a central role” in realising a digital home buying and selling process but innovation needs to happen at a greater pace, the housing minister said last week.
Law firm administrator claimed £1,450 for office tea and coffee
A law firm administrator who paid herself £1,450 using pre-signed cheques, which she claimed was to refund money she had spent on office tea and coffee, has been barred from the profession.
Barrister suspended for “angry and violent” assault
A barrister has been suspended for six months after being convicted for what a tribunal described as “a sustained, angry and violent physical assault” which was “clearly the result of heavy drinking”.
Mishcon acquires group actions management business
London firm Mishcon de Reya has acquired a majority stake in Somos, a global group actions management business set up by two of the founding partners of PGMBM.
Wills group looks to buy “a dozen law firms a year” after PE boost
The Right Legal Group, a wills and probate specialist, has secured private equity funding to buy at least “a dozen law firms a year”, it has emerged.
