Headlines – Page 619
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Open justice under threat for economic crime, warns damning report
Open justice is under threat in economic crime due to the way court lists operate, the difficulty of obtaining court documents and the number of hearings now being conducted in private, an anti-corruption non-government organisation (NGO) warns today. A report by Corruption Watch says the lack of transparency in the ...
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City reacts with frustration to Brexit white paper
Ditching mutual recognition ‘regrettable’, declares lobby group TheCityUK, as the Law Society forecasts a period of ‘tough negotiation’.
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Children's charity welcomes immigration legal aid 'U-turn'
Justice minister Lucy Frazer QC MP says LASPO will cover unaccompanied and separated children.
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Law firm experience boosts in-house pay - report
Association of Corporate Counsel also finds a shrinking gender pay gap among newer lawyers.
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Progress stalls on solicitor judges, latest diversity stats show
Judicial diversity figures released today show a fall in the number of court judges with a solicitor background.
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PEP climbs 24% at Travers Smith
‘Silver circle’ firm continues trend of reporting increased profits.
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City firm seeks shareholders for huge Glencore group action
Quinn Emanuel Urquhart & Sullivan is seeking shareholders for potential claim that could run into the billions and has a litigation funder on board.
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Profits soar at Addleshaws
International firm Addleshaw Goddard has today posted record results, with global revenue up 23% on last year to £242m. Profit rose 36% to £87m, while the firm maintains strong cash reserves of £34m despite significant investment in staff and infrastructure. Both revenue and profit have grown year on year for ...
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Dyson backs parliamentary group's plea for new financial services court
Small businesses have limited rights of redress in disputes with their lenders and only the establishment of a formal tribunal can resolve this, says cross-party report on fair business banking.
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Bevan Brittan and Clyde add to strong reporting round
Clyde & Co profit rises 10% while Bevan Brittan surplus climbs 23%.
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'More law firm donations' needed to save pioneering drug court scheme
Manchester boutique praised for committing £37,000 over three years to save FDAC National Unit.
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Libyan fraud judgment a 'step forward' in global corruption fight
A fund management company has today secured victory in a four-year legal fight against its former chief executive, who was accused of receiving bribes totalling around £18m from a Libyan sovereign wealth fund and using them to bankroll a lavish lifestyle. In FMCP v Marino & Others, Frederic Marino had ...
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Appeal against trimmed hourly rates in clin neg case fails
Claimant had appealed the decision of Master Nagalingam that their costs for fighting £20m case were too high.
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Law firms 'stepping up to the plate' on social mobility
Over a dozen law firms feature in the Top 50 Social Mobility Employer Index.
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Costs judge applies 'wider criteria' in proportionality dispute
Student’s costs are preserved after court rules it would be wrong for her to pay.
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Macfarlanes posts PEP of £1.7m as Mills & Reeve boosts staff bonus pot
Strong year for Macfarlanes and Mills & Reeve sees staff bonuses increase.
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Sexual misconduct 'rife' in large City firms, former junior lawyer tells MPs
House of Commons women and equalities committee publishes evidence submitted for its workplace harassment inquiry.
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No more sip tests? ID card pilot to help jump the court queue
Test scheme expected to be rolled out next month for solicitors and barristers entering court buildings.
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Funder Augusta raises £150m from single investor
Litigation funder Augusta has raised £150m from a single investor to add to its litigation warchest, it revealed today. It is understood that the cash has come from a blue chip investor. Augusta set up in 2014 and has so far committed £98m in funding for 162 cases. Until now, ...