All News articles – Page 1775
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Minister questions legal aid priorities at 60th anniversary debate
Legal aid has ‘failed the very people it was set up to protect’ the minister in charge, told a debate hosted by the Law Society this week to mark the 60th anniversary of the Legal Aid Act. In the discussion, chaired by the Guardian’s Polly Toynbee, ...
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The Equality Bill – what’s all the fuss about?
It’s open season on Harriet Harman’s Equality Bill, published this week. One newspaper dubbed it ‘unfair on men’...
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MoJ delays implementation of new accident claims processing regime
The Ministry of Justice has conceded defeat over its timetable for introducing a new claims process for road traffic cases, as the Gazette predicted last week (see [2009] Gazette, 23 April, 3). A letter sent to stakeholders this week says it now hopes to have the ...
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Acquisitions, property development and dimond shares
Power stakes: City firm Herbert Smith advised Chinese power producer Huaneng Power International on acquiring a 55% stake in YangLiuQing Co-generation and a 41% stake in Beijing Co-generation from Huaneng International Power Development Corporation. The stakes are worth RMB2.35bn (£237m) combined.
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Restraint orders under the Proceeds of Crime Act
It is estimated that organised crime costs the UK some £40bn a year. The Proceeds of Crime Act 2002 trailblazed some unprecedented powers of asset restraint and confiscation in an attempt to remove the profit and, ultimately, motivation for committing economic crime.
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Solicitors and estate agents condemn missed opportunity from budget
Last week’s Budget was a missed opportunity to rescue the housing market and will have no impact on property buying and selling trends, according to the National Association of Estate Agents (NAEA). The association said that the chancellor had ignored proposals to abolish or reform ...
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HMRC enforcement head announces crackdown on tax havens
Drafters of tax avoidance schemes face greater scrutiny over the coming months as HM Revenue & Customs moves to close loopholes and bolster its disclosure regime, according to the head of the Revenue’s anti-tax avoidance group. Chris Tailby, a barrister who has directed the Revenue’s anti-avoidance ...
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Auditors seek cap on insolvency liability
The ‘big four’ accountancy firms are to lobby the government to further limit their liability as auditors in the event of corporate collapse, despite lawyers’ concerns that client companies would be ill-advised to agree to such a step. A spokeswoman for the Institute of Chartered ...
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More City firms wield the axe
Two big City firms have today announced another raft of redundancies, with a combined total of up to 50 lawyers and up to 115 support staff facing the axe. Berwin Leighton Paisner will cut up to 30 lawyers and up to 55 support staff, while CMS ...
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Cash-strapped universities hold out begging bowl
British law students are in for a rough ride, it seems. The Financial Times reported yesterday that top universities are losing money at an astounding rate, pointing to huge deficits in the funding they receive from the government and the actual cost of education.
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On yer bike
Hannah Cash, a commercial law solicitor at Rooks Rider in London, has completed a 760km bike ride across the Andes from Argentina to Chile, raising £3,000 for MENCAP. The seven-day route climbed to 1,320 metres through the Puyehue Pass, finishing at the Pacific Ocean. The money raised by the ...
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Budget savings through IT? Don’t make me laugh
Alistair Darling’s budget was always going to be about saving money. A lot of money. It turns out that the Ministry of Justice has to find nearly £1.1bn in savings, and the Law Officers Departments must find £94m (see online news).
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SRA’s submission to Hunt review calls for clarity
The division between regulatory and representative functions of the Law Society is ‘inconsistent with the requirements of the Legal Services Act’ and ‘baffling to many consumers and solicitors’, the Solicitors Regulation Authority has told Lord Hunt’s regulation review. In its submission to the Law Society-commissioned ...
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If the cap doesn't fit, don't wear it
Attention corporate counsel – the big four accountancy firms are trying yet again to limit the extent to which they can be sued for audit failures.
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RCJ goes green to mark new chapter
As you can see from the picture, it is that time of year again. No, not Halloween, but the arrival of this year’s edition of The Civil Court Practice, known to all as the Green Book. To mark the tenth anniversary of the Woolf reforms, LexisNexis, the publishers of the ...
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Hundreds of Colombian lawyers murdered but no one prosecuted, report reveals
More than 400 Colombian lawyers have been murdered since 1991 but no one has been prosecuted for a single killing, a devastating report from 42 British lawyers who visited Colombia last year has revealed.
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Jackson commends German costs recovery model
Lord Justice Jackson (pictured) may consider a costs recovery system based upon the German model when he releases the preliminary findings of his 1,000 -page review into civil litigation costs early next month.
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SRA considers rise in Compensation Fund levy
Cash-strapped solicitors may have to pay ‘a significantly larger’ sum into the Compensation Fund as more firms require intervention in a deepening recession. Papers considered last week by the Solicitors Regulation Authority board forecast that the number of interventions is expected to rise from 71 in 2008 to more than ...
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Law Society complains over judge’s remarks on solicitor-advocates
The Law Society has made an official complaint over what it says were ‘inappropriate comments’ by a Crown court judge about the alleged incompetence of three solicitor-advocates. Chancery Lane has written to Mr Justice Calvert-Smith, the presiding judge of the south-eastern circuit, about remarks made by ...
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Solicitors debate referral fees
Solicitors are ‘crap at marketing’ and need claims management companies (CMCs) to fill the gap, a delegate told the APIL conference. A debate, ‘Referral fees and advertising – is it too late to put the genie back in the bottle?’, chaired by TV presenter John Stapleton (pictured), aroused strong passions.