All News articles – Page 1621
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The future is (almost) here
Last week I wrote about the role that automation could play in delivering legal services to the public, using products that firms of all sizes could buy in.
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Hammonds agrees latest transatlantic merger
Partners at national firm Hammonds and US firm Squire Sanders & Dempsey have approved a merger of the firms, creating a 1,275-lawyer transatlantic practice with $625m (£387m) in combined revenues. The new firm, which will span 17 countries and 37 offices, will be named Squire Sanders ...
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Revenues rise at Allen & Overy
Half-year turnover at magic circle firm Allen & Overy have risen by 3% on last year, the firm reported today. For the six months ending 31 October, turnover at the firm rose to £526m, up from £511m over the same period in 2009. The firm said ...
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Indemnity insurance bill falls to three-year low
Solicitors paid less to insurers for professional indemnity insurance (PII) this year than they did in the previous two years, Solicitors Regulation Authority figures revealed today. The cost of insuring the profession on the open market this year was £214m, down from £241m in 2009/10 and ...
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National Pro Bono Week gets under way
National Pro Bono Week begins today with events marking the donation of hundreds of millions of pounds worth of free legal advice over the last 12 months. Sponsored by the Law Society, Bar Council and Institute of Legal Executives, the NPBW highlights the broad range of ...
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EU’s own Mama Grizzly
Forgive me for being a cultural slave of the US, but the US mid-term elections have coloured my thinking this week of developments here in Europe.
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Law Society warning over immigration cap proposals
The government’s immigration cap must be scrapped completely, or the international competitiveness of the UK will be damaged, the Law Society warned today. In a speech at the Policy Exchange thinktank, home secretary Theresa May confirmed that restrictions on highly skilled workers entering the UK will ...
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EMI case: the judge and the jury
The attention of the business and legal worlds was drawn to Manhattan this week, where private equity baron Guy Hands lost his law suit against US bank Citigroup. This was a jury trial before Jed Rakoff, US district court judge for the Southern District of New ...
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How legal aid sector is challenging assumptions about pro bono work
by Jon Robins, editor of Pro Bono: Good Enough?, part of the ‘justice gap’ series, produced by the legal research company Jures ‘Pro bono work can be like foreign aid projects and cause more harm than good,’ argues one contributor in a new collection of ...
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Solicitors believe ABSs will create ‘more opportunity’
Solicitors believe alternative business structures will create ‘more opportunity’ in terms of their careers, and are more motivated by work/life balance than financial gain, the results of exclusive Gazette research have suggested. In a survey completed by more than 180 lawyers, 55% said ABSs would provide ...
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Putting the protection of abused children first
‘The test of the morality of a society is what it does for its children.’ So said the German protestant theologian and anti-Nazi activist Dietrich Bonhoeffer.
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Bribery Act sparks recruitment drive for compliance lawyers
Leading corporates are hungry for experienced regulation lawyers to bulk up their compliance departments before far-reaching anti-corruption laws are implemented, recruiters told the Gazette this week. With the Bribery Act due to come into force in April, major corporates, especially in heavy industry, are increasingly turning ...
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Drafting error fears over Equality Act
A drafting error in the Equality Act 2010 makes enforcing compromise agreements to settle discrimination and equal pay claims impossible, the Law Society warned last week. Chancery Lane has requested an urgent meeting with the Government Equality Officer (GEO) to resolve the issue. In order to ...
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Ombudsman to investigate complaints against LSC
The Parliamentary Ombudsman is to investigate complaints of maladministration made against the Legal Services Commission by the Law Society and several law firms over its late claims to recoup payments made on account. In 2008, the LSC demanded that legal aid firms repay money that had ...
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Will pro bono work replace legal aid?
Pro bono week begins next Monday with a host of events across the country to celebrate work done by lawyers to help their communities. Last month saw the opening of the new pro bono centre in London, which brings together in one place the pro bono ...
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Call for professional code of conduct for all mediators
All mediators should be subject to a code of professional conduct enforced by a disciplinary procedure, but the profession should not be regulated through legislation, the Chartered Institute of Arbitrators (CIArb) said at its mediation symposium last week. The call comes ahead of a European Mediation ...
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Home loan, electric issues, cement refinancing and BMW lease
Home loan: Magic circle firm Allen & Overy advised Nationwide Building Society on creating a £1.5bn residential mortgage-backed security on a £32bn loan portfolio. Lead managers UBS, Deutsche Bank and Bank of America Merrill Lynch were advised by US firm Sidley Austin. ...
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Good boys in court
Probably the most fearsome judge I ever saw was Melford Stevenson, writes James Morton, but there again I never saw the Lord Chief Rayner Goddard, who was reputed to begin to pick his nose when he was bored and about to dismiss an appeal. Entering court, Stevenson would stand, ...
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MPs question MoJ over budget cuts
The House of Commons’ Public Accounts Committee has questioned the ability of the Ministry of Justice to comprehend the impact of the 23% cuts set to be made to its budget, given its history of ‘poor’ financial management. At a committee meeting on Tuesday, MPs grilled ...
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Capacity issue
I have just come off the telephone with an anxious client regarding lasting powers of attorney and Court of Protection applications. I was concerned to hear that a manager from NatWest had told a client of mine that I had incorrectly completed a Court of ...