All Law firm & practice management articles – Page 69
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News
Parabis fire sale: private consortium in exclusive deal
But top-50 firm Keoghs says it will not be acquiring parts of the Parabis business.
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Society recommends trainee pay minimum
Chancery Lane recommends that firms pay trainees at least £20,276 in London and £18,183 outside.
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QualitySolicitors cuts annual losses
Accounts for 2014/15 show that the pioneering network remains dependent on its private equity owners.
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‘Lobbying tsar’ fires warning to legal firms on new register
So far only one traditional law firm – magic circle outfit Clifford Chance – has joined the register of consultant lobbyists since it opened in March.
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Students miss out due to lost exam papers
Two students say they have missed out on getting any marks in one of the exam papers they took this summer after the University of Law in Birmingham lost their papers.
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EY Law offers ‘access’ training contracts
EY Law has introduced a legal training contract which is open to all students with a degree – no matter what class they achieve.
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Law firms’ confidence at highest level since mid-1990s
Law firms are feeling more confident about their business prospects than at any time since at least the mid-1990s, according to a survey published today.
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Firm puts barristers in website shop window
Criminal defence firm Old Bailey Solicitors has set up a website that showcases a selection of top barristers.
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Client pressure putting City firms in danger of collapse – report
Many commercial firms are being forced to accept more risk from their clients, a report commissioned by the SRA shows.
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Hung jury in Dewey & LeBoeuf criminal trial
New York jury undecided on the most serious counts against three former executives at defunct Dewey & LeBoeuf.
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Firms not responding to digital age, annual snapshot shows
Just 23% of firms have made changes to how they operate to respond to the digital age, a survey compiled by PwC has revealed.
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Lawyers dismiss claim that sector is money laundering risk
Bodies representing the legal profession say national risk assessment based on intelligence shortcomings.
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Feature
Legal aid contract tendering – what next?
What can firms that don’t get new contracts do to challenge the decision?
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Criminals raid 50 firms in cyberattacks this year – SRA
Regulator also concerned by lack of training in detecting money laundering schemes.
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Restraint of trade
Regulators are under pressure to justify restrictions on municipal entrepreneurialism.
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LLPs catch their second wind
It is hard to foresee rapid movement away from the LLP model in the short-term.
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Small firms must avoid ‘race to bottom’
Small firms will continue to provide the backbone of legal services – but they may look different in the future, Law Society president Jonathan Smithers told a conference session on the role of bar associations in supporting small firms.
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Feature
Access to new markets
Relaxing the separate business rule could increase choice, but will it confuse clients?
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Herbert Smith Freehills opens pop-up support centre
The new centre in Australia adds to the firm’s low-cost centre in Belfast.
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Ex-Dewey executives acquitted on several counts
Three executives at the now defunct firm cleared of numerous charges of falsifying business accounts.