News – Page 111
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NewsSRA shuts down five firms in the space of a week
West Yorkshire Police confirm arrest in relation to fraud allegation linked to one closure.
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NewsGateley makes first acquisition as a PLC in £2.7m deal
The new business, renamed Gateley Capitus, is the first new addition to the group since the firm floated.
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NewsSRA seeks answers from firms linked to Panama Papers
UK firms named in documents leaked from Panama firm Mossack Fonseca.
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NewsM&A activity shrinks after 2015 high
The value of deals in the first quarter of 2016 has halved year on year, figures reveal.
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NewsUnsecured creditors actually owed £78m from Parabis collapse
In total the limited company and LLP post a deficit of around £211m.
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NewsFirms line up to join P2P lender panel
So far Folk2Folk has appointed 19 firms to its legal panel and received 149 expressions of interest.
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NewsCo-op Legal back in profit, quits legal aid
Business posts £700k surplus for 2015 despite reduced income for the year.
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NewsCommercial pressures could lower quality, bar regulator warns
Pressure to win business could lead barristers to compromise ethical principles, according to the BSB.
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NewsMagic circle firm to build ‘global centre’
London-headquartered Freshfields Bruckhaus Deringer says new hub in the works following client demand.
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NewsRevealed: Slater and Gordon’s UK shakeup plan
City centre office closures ahead as Australia-listed firm battles to recover from £493m losses.
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NewsCyber-criminals alarm insurers as law firms lose £85m
Major insurer speaks out over the increasing frequency of cyber-attacks on law firms.
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NewsBar ‘entity’ model points to ‘fused’ profession
Owners of two of the latest BSB-regulated entities claim the two branches of the profession are slowly converging.
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NewsLocal authority turns to private practice for support
Coventry City Council becomes 100th member of legal consortium EM LawShare.
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NewsFixed-fee firms offering cheaper service, LSB finds
Oversight regulator wants more firms to publish fees on their websites – and finds big variations in amounts charged.
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NewsM&A hack attack on 48 elite law firms
Security experts have long warned that law firms are seen as a ‘weak link’ in the chain of secrecy.
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News‘Tribal’ culture eroding faith in legal process – bar regulator
The complex language used at the bar can leave clients struggling, Bar Standards Board report says.
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NewsAviva probes 17,000 whiplash claims but admits fraud is falling
Number of staged accidents detected by firm in 2015 fell by 40%.
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NewsBar regulator approved to license ABSs
The BSB could start approving alternative business structures from October – more than two years after it had originally intended.
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NewsSlater and Gordon legal chief quits after two months
Resignation comes in a month when the revised business plan must be delivered to lenders.
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News‘Fat cat’ lawyer image creating more LiPs, says Citizens Advice
Nine in 10 litigants in person find experience negatively affected their health, relationships, work or finances.