Last 3 months headlines – Page 1073
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NewsMerger activity cools among smaller firms
The ninth in a series of six-monthly surveys shows a decline in the number of mergers and in the firms expecting to merge in the coming year.
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NewsCobbetts administration costs top £1m as creditors wait
To date, £3.9m has been received as part of the sale of the business and certain assets.
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NewsSociety pledges fresh support for criminal solicitors
Chancery Lane proposes strategy of mediation to practitioner groups, but will provide financial backing for legal challenge if this fails.
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NewsGrayling not giving up on regulatory reform
Lord chancellor tells justice committee that ‘quick fixes’ from the profession and regulators have not been forthcoming.
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NewsCouncil approves 17% cut in PC fee
Law Society’s governing council overwhelmingly endorses plans to reduce Law Society Group budget.
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NewsMishcon leads profit growth at top-40 firms
PEP rose at top-40 firms Mischon de Reya, Simmons & Simmons, Pinsent Masons and Field Fisher Waterhouse for the year 2013/14.
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NewsFirm wins court battle over legal contract tender
DWF issued proceedings against the Insolvency Service over a tendering exercise for contracts worth up to £50m.
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NewsSRA warns in-house lawyers not to mislead third parties
Regulator has received ‘a number of complaints' about debt recovery letters.
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NewsSpecialist regulation is best, says BSB chair
Lady Deech counters recent calls for a single overarching legal regulator.
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NewsInternational giants report first post-merger results
Ashurst reports profits per partner up 22% on turnover up 6% on like-for-like basis.
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NewsAid cuts leave thousands in hands of amateur lawyers, MPs told
84Justice committee takes evidence from the Law Society, Bar Council and Legal Aid Practitioners Group on the impact of civil legal aid cuts.
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NewsMinister: I didn’t know about student loan letters
David Willetts said the use of a debt-recovery letters practice had not been brought to his attention before media reports last week.
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NewsPractitioner bodies berate ‘face-saving’ bar deal
Solicitor groups say the deal 'fails to address the silent crisis in a neglected system'.
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NewsGovernment pushes on with online powers of attorney
Solicitors warn digitisation likely to increase risk of fraud and abuse.
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NewsFreshfields and Linklaters report 6% PEP growth
Four magic circle firms have now reported strong profit increases for 2013/14.
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NewsBar and MoJ announce fee deal
Revised fixed fees will be paid on a case-by-case basis for VHCCs while plans to expand the PDS further are halted.
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NewsSociety urges pause in Land Registry plans
Legislation should be halted until future of the body is decided, Law Society says.
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NewsSociety turns to LSB after board clears cover reform
Minimum PII cover set to fall from £2m to £500,000, after SRA vote.
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NewsLPC applications down by 10%
This is the second consecutive year of decline, according to figures seen by the Gazette.
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NewsConcerns over medical negligence surge
Medical negligence claims are not covered by fixed costs rules imposed on most personal injury work in 2013.