News – Page 202
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Super-regulator rebukes SRA over consultation
The Legal Services Board has demanded the SRA immediately outlines its plans for next year’s fees.
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Private equity investors buy majority share in PI firm
Winn Solicitors is planning for ‘significant expansion’ after two private equity investors bought 60% of its holding company.
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Probe into solicitor links with private investigators
The Information Commissioner today began an investigation into almost 100 clients of private investigators.
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Pricing revolution pays off for Pannone
Profits grew 12% to £10.4m at Manchester firm Pannone, due to a change in its pricing structure.
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Co-op Legal partners with uni to train solicitors online
Troubled Co-operative Legal Services has announced a partnership with Manchester Metropolitan University.
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Co-op rebuts divestment rumours
Co-operative Legal Services, which last week reported a loss for the first half of this year, has dismissed speculation that it is being groomed for divestment.
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Creature comforts
Bravely defying the customary advice about working with children and animals, Rebecca Lawrence, a personal injury solicitor with Australia-listed firm Slater & Gordon, takes part in a visit by a petting zoo to Ronald McDonald House in Birmingham. The firm sponsored the visit of rabbits, snakes and other wildlife to ...
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PI outfit Principia Law becomes ABS
Accident management company-backed Principia Law has been licensed by the SRA as an alternative business structure.
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Kennedys in latest Anglo-Scottish merger
International firm Kennedys has announced a merger with one of Scotland’s biggest litigation firms.
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Society unveils new direct route to indemnity insurance
Joint venture with Miller will cover 1-4 partner firms and cut out brokers.
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Co-op Legal Services plunges into the red
ABS pioneer Co-op Legal posts £3.4m first-half loss compared with a £700,000 profit in 2012.
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PEP up 10% at Baker & McKenzie
Profit per equity partner (PEP) rose 10% to $1.2m (£774,000) last year at global firm Baker & McKenzie. Net profits grew 9% to $862m (£553), on turnover up 5% to $2.419bn (£1.56bn), according to the firm’s financial results for the year ended June 2013. Eduardo Leite, chairman, said profit and ...
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Society cleared over hard-hitting personal injury ads
‘Don’t Get Mugged’ campaign targeted third-party capture.
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Riverview Law aims to double in size
FTSE contract wins fuel growth at Merseyside pioneer, whose CEO claims law firms have been ‘protected by myth for too long’.
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Lawyers and accountants upbeat on economy
Professional services firms are becoming more optimistic about their business prospects.
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Solicitor 'told to stay single' settles discrimination claim
Kate Baker, formerly of Follett Stock, alleged she was sacked after beginning a relationship.
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Grayling refuses to delay legal aid cuts
The justice secretary has indicated that he will press on with ‘far-reaching’ legal aid cuts, ignoring pleas from MPs, peers and the Law Society.
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Challinors subsidiary Thomas Legal next to be sold
Thomas Legal, a subsidiary of distressed Midlands firm Challinors, is expected to be sold.
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Equal pay champion's firm shuts down
Stefan Cross Solicitors will close at the end of September.
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Forty-six jobs lost as Challinors finally goes under
Troubled Midlands firm Challinors has gone in to administration.