News – Page 135
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Solicitors vent anger over legal aid chief’s £225k package
Legal Aid Agency report reveals employment costs for senior employees.
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Freshfields plans support sites in US and Asia
Plans for two further legal service centres come shortly after the magic circle firm decided to move back-office staff to Manchester.
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Elite firms accused of ‘poshness test’
Top firms base hiring criteria on factors such as accents and travelling experiences, chair of mobility commission claims.
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Coodes continues Cornwall expansion
County’s ‘premier firm’ merges with Falmouth practice Preston Goldburn.
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Newport solicitors offer clients HR app
Newport-based Harding Evans created the app in collaboration with HE Create & Consult, the Centre of Excellence in Mobile Applications and Services, and the University of South Wales.
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Super-regulator prepares in case BSB ‘falls short of expectations’
The LSB is preparing to assess the bar regulator’s compliance after it missed its first deadline to review its continued regulation of the ‘cab rank’ rule.
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Barrister suspended from public access work for holding client money
Oliver White, a barrister at 4-5 Gray’s Inn Square, has been banned for six months after holding £5,000 for his client.
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Solicitor due money from partnership drawn up in the pub
Retirement discussions took place ‘over a bottle of red wine’, High Court hears.
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Top-25 firm returns to rising profits
DAC Beachcroft and CMS both pleased with financial performances.
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City firms not interested in losing client account
City of London Law Society says members remain firmly in favour of retaining current arrangements.
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Ex-Dewey partner not 'naive' consumer in Barclays loan case
Entertainment lawyer described as an 'unreliable witness' as he is ordered to repay a loan of $540,000.
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Shepherd and Wedderburn reports 'strongest results'
Pre-tax profits of £18m on revenue up 26% as UK firm seeks to build on growth.
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Banks’ global legal spend hits £200bn
Survey of 16 global banks shows legal costs have risen by almost a fifth since last year.
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Weightmans confirms Leeds merger plan
Top-50 firm in advanced talks with Yorkshire practice about a takeover.
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Gateley float raises £30m
Share price surges in early trading as national commercial firm makes history by listing on Alternative Investment Market.
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Gateley stock exchange float makes history
Sector analysts expect competitors to follow firm’s fortunes closely as they review growth strategies and consider whether to follow suit.
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Nottingham firm signs up with bar regulator
Husband and wife ran Invictus Legal as a solicitors’ firm for five years, before opting to set up a new company as a Bar Standards Board-regulated entity.
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Top-100 firms enjoy 6.3% rise in fee income
Law firms expect growth to continue next year – but worries persist over profitability.
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A&O brings in bonus pot to take on US rivals
The magic circle firm made the change to lockstep as top UK firms seek to compete with their US counterparts.
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More top-100 firms post profit hikes
Taylor Wessing, Fieldfisher and Bristows all enjoyed a bumper 2014/15.