News – Page 148
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One in four young lawyers doing unpaid work
JLD survey exposes worsening plight of aspiring solicitors.
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Consumer credit switch will cost law firms dear - Society
President Andrew Caplen warns of ‘significant problems’ if SRA ceases regulating consumer credit work.
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LSB declines to cut minimum PII cover
Oversight regulator sticks with current minimum of £2m and £3m for incorporated firms and LLPs.
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MoJ to press ahead with criminal legal aid reforms
‘Depressing day’ for practitioners as government takes forward contracts and fee cuts.
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SRA pledges new focus on helping small firms
Regulator admits some small firms and sole practitioners believe it does not understand their business.
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Quindell director forced to terminate shares agreement
Laurence Moorse had not met a margin call in agreement with Equities First Holdings.
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Skeleton arguments ‘not rocket science’ – Jackson
Architect of civil litigation reforms expresses frustration at ‘rambling prolixity’.
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Local government chief ‘stands aside from LLG role’
Essex County Council appealing against unfair dismissal ruling.
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Former DPP lambasts criminal justice IT
Starmer calls for debate on chief constables’ independence to choose computer systems.
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Local authorities forced to innovate by funding crisis
Transformation and innovation in legal departments triggered by 28% fall in funding.
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Society helps form Welsh business voice
Professions Group Wales, a new professional network, aims to draw on the experience of 12,000 people.
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First council ABS is formally launched
Buckinghamshire County Council was the first local authority to be granted a licence by the Solicitors Regulation Authority.
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Trowers profits up but partners answer £1.8m cash call
City firm’s staff costs down by more than £1.5m as headcount falls from 527 in 2013 to 506 in 2014.
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SRA to scrap PC fee renewal system
Regulator’s business plan for 2015 admits mySRA ‘neither straightforward nor simple’ to use.
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SRA keen to relax accounts submission rules
Regulator wants accountants to employ more professional judgement in testing firms’ finances.
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Business confidence near pre-recession level
96% of firms confident about next 12 months, survey shows.
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US mass hire creates new legal giant
Morgan Lewis to become ‘one of the largest law firms in the world’.
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Quindell founder Rob Terry resigns from the board
Chairman one of three resignations as company bids to turn its fortunes around.
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‘Virtual’ judge hears jury verdict via Skype
HH Judge John Tanzer appeared via Skype at Croydon Crown Court, in what is believed to be first time judge was not physically present to hear verdict.