News – Page 122
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Duke Street writes down £21.4m Parabis investment
Talks continuing about selling elements of the alternative business structure.
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Global giant Dentons plans two Asia-Pacific tie-ups
The three-way partnership continues the firm’s international expansion.
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Regulators support ‘aspirational’ pro bono targets
Idea floated as the profession decides how best to respond to the lord chancellor’s proposal to get City firms to fill the justice funding gap.
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Firm puts barristers in website shop window
Criminal defence firm Old Bailey Solicitors has set up a website that showcases a selection of top barristers.
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Events for National Pro Bono Week
Week will raise awareness of pro bono opportunities among the legal profession.
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Regulated wills popular among public
Almost 90% of respondents to YouGov who had a will drafted by a solicitor were satisfied with the process
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Lawyers not in favour of quotas, survey finds
Latest research shows uncertainty on whether firms should introduce measures to tackle gender inequality.
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Women ‘under-represented’ in legal world, Society says as 33% target released
Government-backed review calls for a third of all board seats in FTSE 350 companies to be held by women in next five years.
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Consolidator ready to acquire law firms armed with £4m war chest
Metamorph Law also confirms recruitment of former Co-operative Legal Services director.
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City funding gap plans a ‘work in progress’
Meetings between the City and Ministry of Justice this week were ‘just the start’ of a dialogue on how top firms can help plug the justice funding gap.
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Barrister convicted of forgery disbarred
Martin Christie had failed to disclose his conviction when he was called to the bar.
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Ofcom director appointed LSB chief executive
Solicitor Neil Buckley to replace Richard Moriarty, who is joining the Civil Aviation Authority.
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Solicitor-advocates step up challenge with referral site
Website makes it easier for solicitor-advocates to refer work to each other in response to the direct access move by barristers.
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Private equity investors ‘indifferent’ to law firms
Pioneer of private equity investment says IT sector more attractive than legal.
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Don’t accept ‘cold-call’ instructions, warns SRA
The regulator last week reminded practitioners that rules are already in place to stop this form of marketing.
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Barristers’ new venture offers direct access
Founder told the Gazette that the Bar Standards Board-regulated entity takes advantage of the ‘changing legal landscape and the opening up of the legal profession’.
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Council limits ABS use to counter tax liability
Essex council voted last week to push ahead with an application to the SRA.
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Chambers failing to plan for changing legal landscape, BSB says
Risks the bar faces also include cashflow problems, cyberattacks, departing members and a lack of commitment to diversity.
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Claimant lawyers to pay charge for every new portal case
New fee - as yet unspecified - likely to be introduced from December 2016.
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Freshfields signs Manchester lease to double northshoring presence
The new lease will double the magic circle firm’s office space in the area.