News – Page 153
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City giant wary of fee pressure despite profit surge
Simmons & Simmons reflects on a successful year in 2013/14.
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Number of disbarred and suspended barristers soars
Nineteen barristers were disbarred in 2013/14, up from 13 the year before.
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PEP talk can undermine ethics, warns Moorhead
‘Financialisation’ induces selfish impulses in law firm managers, says professor.
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Global firm hires 22 partners to expand London presence
Akin Gump announces hiring of 22 partners from the London, Hong Kong and Frankfurt offices of US-based Bingham McCutchen.
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Duty contract hopefuls offered ‘webchat’
At 2pm next Tuesday, Legal Aid Agency staff will answer questions online about the 2015 duty provider contract.
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Minster Law axes 17 in management shake-up
In a statement, the firm said the change will ‘improve the speed of decision-making’.
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Legal aid cuts prompt Bristol firms to merge
Watkins Solicitors has joined with Brain Sinnott & Co to form Watkins Solicitors (incorporating Brain Sinnott & Co).
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Firms face 10% PII hike – broker
Conveyancing practices are bearing the brunt of an expensive and chaotic renewal season.
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Lender confidence on the rise
The perceived stability of the legal sector has suffered, with the downturn followed by a series of high-profile failures.
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Slater & Gordon swoops for PI team
Australia-listed firm acquires personal injury team of Derby firm Flint Bishop.
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Allen & Overy expands top-end service
Magic circle firm will expand its on-demand contract lawyer business for top-end clients.
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Lawyer shortage delaying house sales
Chartered surveyors report that transaction times have lengthened by up to a month since the start of 2014.
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Industrial deafness not ‘easy money’
The Association of British Insurers accuses PI firms of ‘cashing in’ on claims for industrial deafness.
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SRA puts money laundering in spotlight
The regulator says it will step up efforts to ensure solicitors do not become embroiled in the practice.
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Regional firms ‘bounce back’
Half of all regional firms increased revenues by more than 10%, compared with just 27% of City firms.
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London firms announce tie-up
London firm Anthony Gold has announced it is to merge with South London-based Powell Forster. The merger, expected to be complete on 1 October, will strengthen AG’s housing team.
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Blacklaws given ‘carte blanche’ in regional role
Christina Blacklaws joins regional heavyweight Cripps as director of client services.
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Late bill danger
Law firms wait an average of three months for their bills to be settled – more than twice as long as businesses in other sectors, a survey of LLP accounts has revealed. The analysis of 321 firms, by finance company LDF, found an average delay of 94 days. The ...