Practice Management
Covid knock-on puts future pupillage numbers under pressure
The number of chambers delaying pupillages that were due to start this month or next is likely to have a knock-on effect on the supply of places until 2022, the Bar Standards Board said today.
AI contract review innovator raises $10m
AI contract review specialist ThoughtRiver has secured a $10m (£7.5m) investment from venture capitalists to expand its presence around the world, with extra spending in the US and South-East Asia.
Staff the main risk as firms report millions stolen by cybercriminals
Most incidents of cybercrime suffered by law firms are due to individual errors and misunderstanding rather than systems being hacked, research by the Solicitors Regulation Authority has found.
Wills firm justified in sacking employee who left client sweary message
A will-writing business was entitled to fire a member of staff who accidentally left a message on a potential client’s voicemail about getting drunk and littered with swear words, a tribunal has ruled.
PII underwriters warn solicitors after failing to change terms
Indemnity insurers have warned solicitors that they will suffer the consequences of their regulator maintaining that policies cannot be cancelled for non-payment of premiums or excesses.
BSB pilots reverse race mentoring for senior White barristers
The Bar Standards Board has launched a pilot reverse mentoring scheme, in which Bar students and junior barristers from BAME backgrounds mentor senior White barristers.
Law firms must aim for “cultural equality”, says Post Office GC
Law firms and in-house teams have done “tremendous work” in improving their approach to diversity and inclusion and should now aim for “cultural equality”, a leading general counsel has said.
Law firm uses clause game to train AI
A commercial law firm is recruiting players to take part in the latest round of an online game to train an artificial intelligence tool which helps lawyers draft contracts.
CPS solicitor “was not too ill” to bring tribunal claim in time
A former Crown Prosecution Service solicitor was unwell with stress but not so ill that she could not bring an unfair dismissal claim in time, an employment tribunal has ruled.
Second summary judgment issued against firm in three months
The High Court has issued a second summary judgment ruling against EAD Solicitors arising from the alleged fraudulent activities of a businessman in collusion with a former partner of the Liverpool law firm.
Lawtech start-up focused on security raises further £1m
A lawtech start-up specialising in identity and source of funds checks for conveyancers has attracted high-profile investors including the co-founders of Funding Circle in raising £1m.
Law Society warns firms of steep rise in insurance premiums
Law firms are facing a 30% increase in their professional indemnity insurance this year, and even more for those with bad claims histories, the Law Society has warned.
Will-writing entrepreneur obtains “first digital LPA”
The founder of will-writing software firm WillSuite has obtained what he believes is the first ever digital lasting power of attorney. He said the process took five months.
Law firm offers clients behavioural science consultancy
A global law firm has launched what it believes is the legal industry’s first offering focused on behavioural science, aimed at helping clients make better decisions in areas like compliance.
Another big investment in alternative legal services providers
Investment in alternative legal services providers stepped up yesterday after a US private equity company took a majority stake in Factor, the managed services firm that used to be part of Axiom.