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The Solicitors Regulation Authority has closed a host of law firms in recent weeks, including two London firms on the grounds of suspected dishonesty.

Any short-term “bonanza” in legal work triggered by Britain’s exit from the EU would be followed by a drought, City lawyers have warned in a report by the Law Society. The society highlighted the impact on England and Wales as a centre of international dispute resolution.

Imagine returning to the office after your summer holiday to find a sealed envelope marked ‘Strictly Private & Confidential’ sitting on your desk. So, after splashing on the Factor 30 in sun lounger and before you reach for your Kindle, take a few moments to reflect on the key reasons why people buy businesses and how they might apply to your law firm. Just in case that envelope is there waiting for you.

A small East London law firm has scored a hat-trick of successful appeals against sanctions after overturning a wasted costs order at the Employment Appeal Tribunal, following challenges to the Legal Ombudsman and Solicitors Regulation Authority.

The trend towards fewer, bigger law firms and fewer partners is continuing, despite increasing numbers of practicing solicitors, the annual Law Society statistical report has confirmed.