News – Page 104
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Cashier jailed and banned after taking £728k from City firm
SRA notice states finance employee misappropriated funds over more than two years.
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Accident helpline group admits PI numbers falling as reforms loom
Group says it has contingency plans for the PI reforms and will be ‘well positioned’ to adjust to any changes.
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Franchise scheme ‘moves profession into 21st century’
Solicitors will pay a fixed subscription and a percentage of fees to use firm's brand name.
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Listed firm Gateley upbeat on post-Brexit future
Maiden annual results show profits and revenue up in first year as listed company.
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Trust in lawyers falling, but client satisfaction high
Consumer panel survey reveals almost half of matters now paid through fixed fees.
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Law Society voices concerns over ‘regulator shopping’ rule changes
Proposals could leave clients without insurance cover, Chancery Lane says.
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Maternity mentoring to be piloted at the bar
Bar Council chairman Chantal-Aimée Doerries QC says parenthood should not mean an end to a flourishing career.
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PEP up 8% to top £1m at Travers Smith
International firm predicts challenges ahead as the country deals with Brexit.
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‘Radical’ handbook reforms will widen access to justice, SRA says
Chief executive Paul Philip says certain safeguards will be needed after Law Society raises concerns.
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Comparison sites struggling to attract providers
New entrant to the market says venture can work, despite misgivings from the competition watchdog.
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Handbook changes could lead to ‘two-tier profession’ – Society
Chief executive Catherine Dixon says SRA’s proposals could have a serious impact on legal professional privilege.
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One year on: bar ‘entities’ pleased they broke away
So far, just 54 entities have been set up, against a projected 400.
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Freshfields outpaces magic circle rivals as PEP jumps to £1.5m
Firm says strong growth across its business led to an 8% rise in partner profits.
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Linklaters posts 7% rise in pre-tax profits
Firm says its decision to invest in knowledge and technology and to offer low-cost options has made a 'real difference’.
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Top-25 firm tells solicitors they can work from home
Addleshaws will implement the home-working policy in Leeds, London and Manchester.
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PEP falls 19% at Ashurst in ‘challenging’ conditions
The firm said a slowdown in commodities and geopolitical uncertainty drove profits to fall for a second year in a row.
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Profits per member jump 21% at DAC Beachcroft
International firm says results reflect its focus on ‘performance improvement’.
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Clifford Chance posts 10% rise in PEP
Magic circle firm warns of volatility following the EU referendum result.
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Law graduate salaries stuck in lower league
Pay lags average for all degrees – and one in three law graduates ends up in a non-professional job.
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Gloating tweet firm ‘undermined tribunal system’ – MP
House of Commons hears of new allegation about conduct of local authority firm Baker Small.