All News articles – Page 1654
-
News
Big four buoy partner profits in face of declining revenues
The UK’s quartet of billion-pound law firms have maintained healthy profits per equity partner (PEP) in the face of declining revenues, their financial results have shown. Industry observers said the firms had adopted a sensible strategy of cutting partners to bolster average partner earnings, enabling them ...
-
News
Government plans Defamation Bill
Media lawyers have given a mixed response to the government’s announcement that it is to publish a draft Defamation Bill in the new year. Justice minister Lord McNally outlined the government’s plans to review the law on defamation to protect freedom of speech and expression during ...
-
News
Chancery Lane launches new studies on paralegals and solicitor-advocates
The Law Society has commissioned former Ministry of Justice senior civil servant Nick Smedley (pictured) to produce research papers on paralegal qualifications and on improved support for solicitor-advocates. Smedley’s first paper will be a ‘scoping study’ into whether the Law Society should develop or endorse qualifications ...
-
News
Duty rota system in ‘chaos’
The police station duty rotas issued last week by the Legal Services Commission will run for only three months due to problems with the allocation process, which lawyers claim has ‘descended into chaos’. The Legal Services Commission has twice reissued the rotas for police station duty ...
-
News
CPS damages claim saga rumbles on
A judge has with a ‘heavy heart’ allowed the Crown Prosecution Service to continue defending an employment tribunal claim that has already been in court four times and cost the taxpayer more than £1m, including a record £600,000 in damages for racial discrimination. Former CPS prosecutor ...
-
News
Identity theft victim warns solicitors of conveyancing scam
A solicitor whose firm has been the victim of identity theft has warned lawyers not to be caught out by a scam in which a bogus conveyancer has been using her firm’s name to carry out property transactions. Saydia Iqbal, a partner at Bolton firm SK ...
-
News
Councils merge two legal teams
Two London councils are to merge their legal teams under a joint head of legal services in a bid to cut external legal spend and staff costs. In a six-month trial, Merton’s head of legal Helen White will also become head of legal at Richmond ...
-
News
Democratic mandate
May I make the following two points in response to the generous comments by Joshua Rozenberg concerning the paper Towards a codified constitution, produced by a working group chaired by Professor Vernon Bogdanor and myself, and published by Justice.
-
News
Sharia dilemma
Howard Shelley’s letter about the potential usefulness of sharia law raises the thorny question of how sharia is to be ‘given a try’. At present sharia courts hear cases and give judgments on a voluntary basis. The only further step I could envisage being taken would be to make those ...
-
News
What's up, Doc?
Obiter was intrigued to learn that ‘distinguished achiever’ Lord Bach, or, as he is not-so-fondly considered in some circles, hammer of the legal aid system, is being given an honorary degree, to be conferred upon him today by the University of Leicester. Former ...
-
News
Profits up, income down at Shoosmiths and MMS
National firm Shoosmiths today reported a 70% jump in average profits per equity partner (PEP), despite a 9% fall in revenues. PEP rose to £256,000 in 2009/10, up from £150,000 in the previous 12 months, but still well down on the £372,000 recorded in 2007/08. ...
-
News
Oil refinery, sugar, supermarkets and TV entertainment
Comedy collection: City firm Olswang advised Elisabeth Murdoch’s TV production company Shine on acquiring comedy TV producer Brown Eyed Boy, which claims to have discovered comedian Sacha Baron Cohen (pictured), from media investment company Motive Television, advised by southcoast firm Moore Blatch, and ...
-
News
Voice of experience
That great survivor Ken Clarke, who turned 70 this month, was on characteristically ebullient form at the Law Society’s summer party at the Tate Modern. And yes, it’s official – like all jazz afficionados, the new justice secretary and erstwhile chancellor really does wear brown suede shoes. Like many people ...
-
News
Family lawyers left ‘in limbo’ by LSC
Legal aid lawyers have been ‘left in limbo’ by the Legal Services Commission’s continuing failure to announce the outcome of the family and social welfare tenders, practitioners said this week. Firms were originally due to find out the results of the bidding exercise last month, but ...
-
News
KBP taken over by financial services mutual Wesleyan
The company that rose from the ashes of legal lender Key Business Finance (KBF), which collapsed amid the 2008 banking crisis, has been taken over by financial services mutual Wesleyan. KBF supplied nearly 15% of law firms in England and Wales with short-term loans before it ...
-
News
PII – why a large number of firms will be seeking a new insurer
When the profession ditched the Solicitors Indemnity Fund (SIF), a compelling reason for the move was that many good firms were paying for the failures of the few. Now, a decade later, solicitors are back in exactly the same position. Only, the ‘few’ could become substantially more over the next ...
-
News
Scrapping regulation reform for private landlords shows no foresight
by Debra Wilsonpartner at Anthony Gold and a member of the Law Society housing law committee In his first speech as housing minister, Grant Shapps announced that the government was scrapping recommendations to further regulate the private rented sector. He said further regulation would ‘create burdensome ...
-
News
Could the ‘Freemium’ model work in legal services?
Twenty-first-century businesses are making vast sums of money by charging their customers nothing. This is the paradox at the heart of Chris Anderson’s new book Free, the Future of a Radical Price, which argues that new technologies are causing production and distribution costs to plummet.
-
News
Splitting hair
Divorce is never a laughing matter. So Obiter extends heartfelt sympathies to the poor couple pictured (in the foreground), who are in the process of parting company. What’s that you say? This bearded chap and elegantly coiffed blonde lady are not actually a separating couple, but are in fact two ...
-
News
Is mental health tendering scheme a success story?
Hugh Barrett (see letter) states that the tendering scheme in mental health was a success. The highly vulnerable clients we represent will often not see it that way.