News – Page 107
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A&O partners with big four accountant to target major banks
Joint venture will automate document drafting to help banks cope with new regulations.
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Legal Ombudsman names all firms subject to complaint decisions
List published of investigations and remedies for all 1,673 firms and lawyers investigated last year.
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Law firm sorry for gloating tweets on win over parents
Practice vows to take ‘full and appropriate action’ after a picture of a yawning kitten appeared on its feed.
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City giants compete on junior lawyer pay as US firms follow suit
Leading US firms have rushed to match pay increases at New York giant Cravath, Swaine & Moore.
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‘John Lewis’ law firm doubles all-staff bonus
Stephens Scown awards £3,000 annual bonus after adopting a shared-ownership model last year.
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Value of completed M&A deals hits pre-crisis high
But City lawyers say the value of new deals has fallen in the past few months over Brexit fears.
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Professional bodies round on paid McKenzie friends
Law Society and Bar Council seek to block perception that McKenzie friends are ‘quasi-regulated’.
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Proven fraud costing motorists £4 a year, say claimants
Campaigners say insurers distort figures by including suspected fraud in overall data.
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Withy King targets new markets after City merger
Linkup with Royds will place combined firm in the UK top 100.
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Olswang tight-lipped as two law firms reveal BHS fees
International firm says legal privilege and client confidentiality prevent it from giving details.
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Partner profits up 8.7% at Fieldfisher
International firm in bullish mood following growth in profits and revenues.
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Venture capitalists set to lose £3.5m following law firm’s collapse
Administrator’s report also says unsecured creditors of GT Law to get 14.4p in the pound.
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Linklaters hits back over ‘completely unjustified’ BHS comments
Magic circle firm criticises comments made by chair of the Work and Pensions Committee over its role in the sale of BHS.
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Tribunal fee increases will deny justice, Law Society warns
Chancery Lane responds to proposals to increase Asylum and Immigration Tribunal fees by more than 500%.
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Shell plans offshore legal centre to cut costs and support in-house
Oil giant has not decided on the location of the centre, but it is part of a drive for ‘greater efficiencies’ and cost reduction.
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Spotlight remains on Olswang as MPs ask about BHS fees
International firm given until Monday to provide details of the fees it was paid for its work on the sale of BHS.
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Gender pay reporting expected to be top employment concern
Study by London firm Lewis Silkin highlights uncertainty over reporting requirements.
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Junior lawyers at Clifford Chance to get £85k a year
Magic circle firm says solicitors with three years' PQE will receive £130,000 for an 'excellent' contribution.
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Solicitor’s misconduct linked to ill health
Marcus Hugh Rickard will apply to have his name taken off the roll by the Solicitors Regulation Authority.
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SRA unveils ‘shorter, sharper’ codes of conduct
Consultation opens on separate codes for solicitors and firms as well as new rules on client accounts.