Headlines – Page 835
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Listed law firm pioneer halves profit forecast
Australian firm Shine Lawyers sees share price slump after re-entering market with profit warning.
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MoJ faces compensation claims over legal aid U-turn
Criminal defence firms consider options after justice secretary announces he is abandoning two-tier regime.
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‘Novel and contentious’ payments continue to dog Legal Ombudsman
Auditor qualifies 2014-15 accounts on grounds of ‘irregular’ expenditure.
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Firm’s vendor to pay £15,000 for over-selling profit prospects
Vendor had overestimated yearly profit figures by £28,000.
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MoJ commercial arm ‘made net £1.1m loss’
National Audit Office publishes key findings from investigation into Just Solutions International.
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Jackson: fixed costs needed for all claims up to £250k
Major extension of fixed fees regime 'a price worth paying' says architect of civil reforms.
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Top pay at Freshfields jumps 68% on flat profits
The highest remunerated member at Freshfield received £3.2m in 2015.
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Gove scraps new legal aid contracting regime
Lord chancellor says he has decided 'not to go ahead with the introduction of the dual contracting system'.
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LiPs ‘behind unfair’ divorce settlement
High Court judge cites the ‘almost wholesale abolition of legal aid’ as reason for district judge’s incorrect ruling.
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RPC agrees tie-up with Singapore firm
The joint venture, which allows RPC to practise Singapore law, will target financial litigation.
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Court of Appeal hears challenge over domestic violence legal aid
New rules require prescribed form of evidence for legal aid eligibility.
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No plans to float in Irwin Mitchell strategy for 2016
Option is not off the table but other ways of expanding the business appear to be taking precedence.
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FCA to consult on in-house accountability
Financial Conduct Authority to consult on whether ‘senior managers regime’ should include those responsible for legal affairs.
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Law Society outlines 2020 vision
Report looks at how the legal services market will change over the next few years.
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Slater and Gordon plans 51 job cuts
Two UK offices slated for closure, with fee-earner and support jobs to go.
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City firms back social mobility programme
BLD Foundation’s Legal Launch Pad programme supports students from BAME and socially disadvantaged backgrounds.
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Financial market list ‘operating well’ says commercial chief
Sir William Blair says there is scope to develop links between jurisdictions.
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LAA admits possibility of further legal aid contracting delay
Legal Aid Agency chief executive says unsuccessful bidders could appeal outcome of current litigation.
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French justice minister sacked in terror clampdown row
Christiane Taubira departs over row on stripping of nationality.