News – Page 126
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NewsReed Smith posts 11% profits hike
International firm cites focused approach to global industry for increase.
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NewsFirms losing millions to phone fraudsters - insurer
Office accounts as well as client accounts at risk from ‘very sophisticated’ callers posing as bank staff.
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NewsLegal training: SRA hits back at Law Society concerns
Regulator says it has not yet decided how it plans to assess trainee solicitors after Chancery Lane warns that proposed changes would hinder poorer students.
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NewsClifford Chance to promote LGBT rights worldwide
Magic circle firm seeking to build inclusive culture across 36 offices – including in jurisdictions where homosexuality is illegal.
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NewsRush for gender balance could ‘destroy’ judiciary, claims Sumption
The Supreme Court judge says equality at top needs to happen naturally to avoid deterring men from the legal profession.
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NewsSolicitor firm shuns SRA for bar regulator
Family firm becomes BSB-regulated entity – despite having no barrister on its team.
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NewsNo grounds for PII reforms, say lenders
Solicitors Regulation Authority reviewing professional indemnity insurance and Compensation Fund arrangements.
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NewsComparison site steps in to ADR gap
Firms offered access to confidential mediation service as ADR deadline looms.
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NewsKent ABS plan on ice as town halls look to consolidate
More than a year has passed since the council began the procurement process for a commercial partner to form a groundbreaking joint venture.
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NewsMicrosoft highlights in-house importance
Brad Smith will take on the title of president and chief legal officer. He will remain general counsel.
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NewsDebt-recovery agency granted ABS status
Nottingham firm says litigation becoming a popular tool in creditors’ armoury.
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NewsLobby group calls for regulation of third-party litigation funding
The Justice Not Profit campaign, backed by the US Chamber of Commerce, says the industry has ‘outgrown self-regulation’.
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NewsPII proposals could damage profession, City warns
Plans to reduce the minimum level of indemnity insurance cover would have only a ‘downside risk’, City of London Law Society said.
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NewsPolice called in standoff over LLP ownership
High Court judgment backs SRA in claim involving wrongly intervened firm.
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NewsPromote unbundled legal services, LSB tells firms
Super-regulator and watchdog say unbundling 'a natural response' to cuts in public funding.
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NewsClyde & Co puts down roots in Scotland
International firm to merge with national practice Simpson & Marwick.
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NewsCPS under pressure but not near collapse, says attorney general
Jeremy Wright QC tells MPs the prosecution service is coping well with the challenges it faces.
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NewsCourt fee rises hitting small businesses – Law Society
‘Wrong in principle’ for courts to make a profit for the government.
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NewsTrowers expands through south-west merger
Deal with Devon practice Stones creates 800-strong practice with £85m turnover.