News – Page 144
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Economic slump was a wake-up call for lawyers
Barclays’ head of professional services says firms have learned lessons.
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Lower number of City deals – report
City Legal Index figures could indicate slowdown in overall UK economic growth in 2015.
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Equalities minister urges change of culture in law firms
Morgan: ‘Pay women as much as you like, but if they don’t feel comfortable in the working environment, we’ve only fixed half the problem.’
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Clients spurning national brands as market booms
UK legal services market worth £29.3bn in 2013, says annual review.
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Law Society: give accountants more guidance on breaches
Chancery Lane responds to consultation on issues that would require accounts to be sent to the regulator.
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Report finds no evidence ABSs have reduced legal costs
Study finds non-lawyer ownership would do little to meet existing legal needs in Canada.
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GCs admit struggle with foreign rules
More than half of general counsel do not believe their legal departments are sufficiently familiar with foreign regulations that impact on their business, according to a survey of leading companies published today.
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Data-sharing office proposed
An independent body should be set up to provide legal guidance on the sharing of personal data across the public sector, a free-market think tank has proposed.
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Cleaner banned from working in law firms
Solicitors Regulation Authority issued ‘control of non-qualified staff (section 43)’ decision.
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Top-25 firm confirms £15m overdraft
Extended credit facility came during a year in which profits before tax at DAC Beachcroft fell by 13.6%.
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Freshfields boosts profits but wary of dangers
The firm’s report to members claims a successful year which reflected greater stability in many key markets.
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LeO finally takes on CMC complaints
‘People should not have their time wasted by the poor services of some claims firms’ – justice minister.
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Accountant threat driving law firm merger interest
Survey finds biggest firms predict significant merger activity in next two years.
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Tax dispute forced firm into insolvency
Progress report reveals how Welsh firm Morgans Select went into administration.
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Capita still failing to hit interpreter target
The Ministry of Justice said request completion between July and September was highest rate since the contract started in 2012.
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Law Society backing for outreach
CLOCK was set up in 2012 to assist those without representation in court with housing, welfare, family relations and community safety issues.
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Litigation funder unveils £60m sum for smaller claims
Augusta Ventures said it aims to quadruple its caseload this year.
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Quindell in sale talks with Slater & Gordon
Both companies makes stock exchange statement confirming they are in discussions.
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Dentons’ China tie-up to create world’s biggest firm
Global outfit agrees alliance with Dacheng, which has 4,000 lawyers in China.
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Solicitors hit out at ‘pointless’ diversity survey
Legal Aid Agency asks practitioners to take part in an equality and diversity survey.