Headlines – Page 946
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NewsDefendants slam ‘grotesque’ costs regime
Long-awaited case begins with defendant arguing recoverability of insurance and fees was unlawful.
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NewsFreshfields will be next to ‘north-shore’ – reports
Magic circle firm understood to be seeking 100,000 sq ft of space in central Manchester.
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NewsPI giant reports huge revenue drop post-Jackson
In 2012/13 Minster Law recorded losses before tax of around £600,000, and these increased in 2013/14 to £2.5m.
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News‘Fake firm’ probe: no decisions, SRA admits
Last week City of London Police said there was not sufficient evidence to bring criminal charges against payday lender Wonga.
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NewsTackle ‘credibility vacuum’, regulator told
The Law Society says the SRA should offer more advisory support as a precursor to enforcement.
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NewsNews focus: revamped TSol tightens belt
The Government Legal Service is abandoning its federal model in favour of centralisation and fees are coming down, according to Treasury Solicitor Jonathan Jones.
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NewsScottish solicitors given ‘gender neutral’ PC option
Move brings the Scottish Law Society into line with bodies such as HM Revenue & Customs, the Department for Work and Pensions and the NHS.
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NewsEconomic slump was a wake-up call for lawyers
Barclays’ head of professional services says firms have learned lessons.
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NewsLaw Society calls for ‘Google tax’ delay
Diverted profits tax, announced in the chancellor’s autumn statement, aims to tackle the problem of multinational companies routing profits into lower-tax jurisdictions.
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NewsMagna Carta on view
Four surviving 1215 copies of Magna Carta were brought together for the first time last week in an event at the British Library.
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NewsCMCs face fees hike to cover cost of regulation
The claims management regulation unit, run by the Ministry of Justice, says fees will increase from £1,400 to £2,000 from April.
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News‘Gratuitously rude’ judge reprimanded in CoA ruling
His Honour Judge Dodds was responsible for ‘unrestrained and immoderate language that had to be deplored’.
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NewsInterveners named as stage set for crucial Coventry case
Judges will decide whether the pre-Jackson costs regime was lawful.
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NewsLower number of City deals – report
City Legal Index figures could indicate slowdown in overall UK economic growth in 2015.
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NewsGrayling kicks joint-enterprise review past election
Lord chancellor says any review is a decision for the next parliament.
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NewsWonga escapes criminal action over letters scandal
The company was ordered to pay £2.6m in compensation last summer to around 45,000 customers.
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NewsGovernment backs liaison scheme for offenders
Diversion and liaison scheme, which seeks to help offenders with mulitiple problems such as mental illness, to go national by 2017.
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NewsMP’s libel costs claim slashed by a third
Judge approves costs budget of £370,000 for Conservative Tim Yeo against Times Newspapers.
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NewsMishcon defeats breach of duty claims
High Court exonerates City firm over money transferred on instructions of client.
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NewsBSB explores alternatives to advocacy quality scheme
Regulator looks at other advocacy checks while uncertainty surrounds controversial QASA.