News – Page 116
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NewsSaga Legal admits it stopped taking new work last year
Alternative business structure seeking new joint-venture partner after collapse of Parabis.
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NewsSRA’s trust exercise ‘far removed’ from our world, say City lawyers
City of London Law Society criticises scenarios used to help form the regulator’s ‘reference framework’ .
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NewsCardiff law firm sets up own litigation fund
Capital Law has secured a £50m fund – backed by private equity investors – to offer financing direct to clients and eliminate third parties from the process.
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NewsListed law firm pioneer halves profit forecast
Australian firm Shine Lawyers sees share price slump after re-entering market with profit warning.
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NewsTop pay at Freshfields jumps 68% on flat profits
The highest remunerated member at Freshfield received £3.2m in 2015.
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NewsRPC agrees tie-up with Singapore firm
The joint venture, which allows RPC to practise Singapore law, will target financial litigation.
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NewsNo plans to float in Irwin Mitchell strategy for 2016
Option is not off the table but other ways of expanding the business appear to be taking precedence.
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NewsInsolvency directors take haircut over ‘unfit’ conduct
The directors of a hairdresser-turned-insolvency practice kept inadequate accounts and issued misleading marketing letters.
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NewsWragge sets female partnership targets
International firm wants 30% of its global partnership to be female by 2026.
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NewsPartners working 6.5 weeks extra per year, research shows
Higher hours driven by a battle for new business with the ‘big four’ accountancy firms, according to legal recruiter.
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NewsP2P lender seeks 100 law firms for first panel
Although Folk2Folk is inviting firms of all sizes to express interest, it is looking in particular for rural high street firms with local knowledge.
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Capita still falls short on court interpreting
Ministry of Justice says 97% performance rate is highest since outsourcing contract started on 30 January 2012.
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NewsLawyer wins review of DWP delays
Review promised after Terry Moore complained when an investigation into his 89-year-old client’s estate caused ‘great delay’.
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NewsNegligence claims against law firms halve
But firms have not yet seen the back of financial crisis-related claims, City firm RPC warns.
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NewsFewer requests for dormant client money
Solicitors can withdraw residual balances of £500 or less without regulator's permission.
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NewsAustralian pioneer suspends stock exchange listing
Shine Corporate to publish earnings forecast on Monday.
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NewsTop earnings at BLP up 29% as profits rise
Operating profits at the firm rose by 15% in 2014/15.
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NewsFamily lawyers face new curbs on court bundles
President of the Family Division says new limits needed as lawyers ignore pleas for restraint on the length of court bundles.
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NewsAA confirms effective closure of legal business
Consumer brand becomes latest ABS pioneer to hit the rocks.
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NewsSociety demands clarity on legal aid contracting
President writes to minister calling for public statement amid speculation two-tier contracting is to be abandoned.