All News articles – Page 1292
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News
Appeal to ‘your majesty’ that paid off
Even in the midst of their fight against further cuts, legal aid lawyers allow themselves an evening to celebrate achievements. Yes, last week saw the 11th Legal Aid Lawyer of the Year Awards – the legal aid equivalent of the Oscars, though with fewer tears. The glittering evening at Shakespeare’s ...
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School leavers offered apprenticeship
School leavers seeking a route into the profession are being offered a legal services apprenticeship in a partnership between the Chartered Institute of Legal Executives (CILEx) and Manchester Metropolitan University Law School. The scheme will provide legal services apprenticeships at more than a dozen regional firms including Pannone, Weightmans and ...
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Turkish lawyers harassed, arrested and detained
Dozens of Turkish lawyers arrested 18 months ago have been subjected to ‘excessively punitive’ treatment by state authorities, with 15 of the 46 still detained in prison, an international delegation of lawyers reports. The trial of the 46 has been consistently delayed, with three-month gaps between one-day hearings, ‘causing extreme ...
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Lawyer’s bank warning ‘ignored’
Lawyers at the Financial Services Authority ignored a finance lawyer’s written warnings over the alleged inappropriate sale of derivatives products to small and medium-sized businesses two years before accusations of widespread mis-selling amounting to billions were made public, a Gazette roundtable was told this week. Stuart Brothers, founder of SRB ...
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PI firms warned off medical cases
Leading clinical negligence lawyers have warned of the risks arising from growing numbers of personal injury practitioners moving into their sector. Legal consultancy Zebra last week reported a tenfold increase in enquiries about setting up or expanding medical negligence cases since the beginning of the year. The majority of those ...
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Lawyers shocked by money laundering claim
Lawyers have reacted with concern to an inter-governmental report apparently suggesting that complicity in money laundering and terrorist financing is rife in the legal sector. Money Laundering and Terrorist Financing Vulnerabilities of Legal Professionals, published by the Financial Action Task Force, a body set up by seven leading economies, presents ...
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RTA claims plummet following fees cut
New RTA claims fell dramatically in the first month following the cut in solicitors’ fixed fees. Figures collected by Claims Portal Ltd show 53,895 claims notification forms opened during May. That was a fall of 31% from April and down almost 25% in comparison with the same month in 2012. ...
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Raising an eyebrow or two
At Obiter Towers we could barely bring ourselves to watch last week’s Apprentice, shorn as it was of Dynamo Legal founder ‘I’m from Wales’ Alex Mills. We’ll be especially disappointed by his absence from this week’s interview stage, if his final exchange with Lord Sugar was anything to go by. ...
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Free trade legal impact ‘will be small’
Free trade talks opening today between the EU and US are likely to end with agreements to open legal services – but lawyers in England and Wales will notice little difference in practice. Ambitions for a free trade agreement were announced at the G8 summit in Northern Ireland last month. ...
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News
Simulated insecurity
A break-out session at last week’s SRA event on risk involved solicitors, consultants and the Gazette’s own reporter voting with Millionaire-style keypads on a series of options for the future of a hypothetical mid-sized firm. The group started out risk-averse, opting out of investing in a service advising on Scottish ...
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News
‘Spectacular’ threat to judges
The lord chief justice has warned that the ‘spectacular’ constitutional changes of the last government could pose future threats to judicial independence. In a speech at Mansion House, London, Lord Judge warned of the need for vigilance against ‘totally unintended little steps, which might, long term, serve to undermine the ...
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News
Marching for Legal Pride
The legal profession came out in force to celebrate Lesbian Gay Bisexual and Trans (LGBT) diversity for Legal Pride 2013. Legal bodies marched in London under the banner ‘Equality under the Law’ to promote LGBT rights. Members of the Law Society, Bar Council, Chartered Institute of Legal Executives, Interlaw Diversity ...
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News
Private equity firm hires planning team as ABS total hits 160
A law firm backed by James Caan’s private equity investment company has announced the appointment of a team of six town planners. Knights Solicitors, which secured an alternative business structure licence in January, will incorporate the new additions into its real estate team. ...
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News
Criminal legal aid: united we stand
A week is a long time in politics. As regards legal aid, the last week has borne that out. In fact, every week since the Ministry of Justice published its Transforming Legal Aid consultation in April has been something of a roller-coaster ride. The campaign against ...
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News
Ashurst, Norton Rose Fulbright and Eversheds post results
Ashurst, Eversheds and Norton Rose Fulbright were the latest top-100 firms to post financial results for 2012-13 today. Profits at City firm Ashurst fell 6% to £105m, as market conditions in Europe and the weakening euro had a ‘marked impact’. Turnover at the firm was flat ...
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Quality mark to boost solicitor brand in wills market
The Law Society today announced the creation of an accreditation scheme for firms providing will-drafting, probate and estate administration services to enable solicitors to ‘stand head and shoulders’ above competing providers. Desmond Hudson, chief executive, told the Society’s private client conference that the Wills and ...
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News
Judges call for urgent overhaul to cope with surge of LIPs
The government and judicial office must overhaul training, advice to litigants and the nature of the court process itself to deal with thousands more litigants in person (LIPs), a judicial working group has concluded. In a report published today, the working group, made up of senior ...
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Society calls for hold on fixed-fee extension
The Law Society today urged the government to delay the extension of the RTA Portal to new civil litigation areas – which will mean fixed fees for all claims worth up to £25,000 – warning that law firms may not be ready for the change. The ...
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Modest profit increases at Linklaters and Freshfields
Linklaters and Freshfields Bruckhaus Deringer are the latest magic circle firms to post a modest increase in profits for 2012-13. Freshfields recorded an increase in profits of 2.4% to £548m. Turnover grew by 7.2% to £1.221bn. Profit per equity partner climbed 7.6% to £1.39m. ...
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Allen & Overy opens results season with 2.2% profit growth
Profits at Allen & Overy rose 2.2% to £496.7m on flat turnover last year, the firm revealed today in the first announcement of 2012-13 results from the magic circle. Revenue grew just 0.6% to £1.19bn, with profit per equity partner remaining £1.1m for the year ...