Last 3 months headlines – Page 926
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Profits up but law firms warned on drawings
Median profit per equity partner increased for the fifth consecutive year, finds Law Society’s Financial Benchmarking Survey.
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Justice ministry backs Jackson on fixed fees
The judge has urged ministers to make reform an immediate priority.
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GCs ‘to quit’ if accountable to City watchdog
FCA to consult on whether individuals in charge of a firm’s legal function in banks, building societies and credit unions need approval under its senior managers regime.
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Competition complaint over family mediation
Under updated Family Procedure Rules mediators must be accredited by the Family Mediation Council.
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British bill of rights to protect troops
Michael Gove told a House of Lords committee that draft bill will not ‘derogate absolutely’ from any European Convention rights.
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Law Society: business as usual
Chancery Lane is open as usual behind the scaffolding required for its first exterior redecoration in 30 years.
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Solicitors’ opinions wanted on client accounts
Law Society is asking solicitors for opinions on the future of accounts rules.
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To Hull and back
Four solicitors are facing a day in prison to raise money for the Smile Foundation.
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Fraud ‘crackdown’ flops
City of London proclaimed a ‘two-day crackdown’ on alleged ‘slip and trip’ fraudsters.
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World cup heroes inspire Boycott
England team finish a creditable fifth in the Lawyers Cricket World Cup.
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Solicitors set for new guidance on complaints
Only a quarter of people approaching the Legal Ombudsman discovered the service through their lawyer.
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Firms must offshore or northshore to stay competitive – report
Low-cost legal centres can offer clients discounts of 30-50%, study shows.
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Managers fined over legal aid disbursement misconduct
Three admit ‘fundamental and unacceptable error’.
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Slater and Gordon UK chief leaves the business
Neil Kinsella informed staff this morning that he is standing down.
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Law Society issues guidance on new CPD scheme
The guidance aims to help solicitors comply with the new requirements.
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Mishcon de Reya fights off £5m negligence claim
The former chair of Queens Park Rangers alleged the firm had breached its duty by not advising him properly on the sale of his stake in the football club.
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Costs expert slams £1,000 hourly rates at top commercial firms
Lack of transparency and competition cited as causes of record fees.
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CFA ‘terminated’ before assignment, court rules
Case likely to have significant impact on the personal injury sector, where thousands of claims have been sold on.