News – Page 111
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Legal teams urged to ‘lead from the front’ on devolution
More than half of the population of the north of England will be represented by an elected mayor.
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Metamorph Law ready to begin acquisition assault
High street consolidator says it is ready to expand on back of alternative business structure licence.
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Firms unite to fight Osborne’s PI reform plans
A2J (Access to Justice), backed by 38 firms, accuses insurers of deliberately misleading ministers.
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QS chief departs as network moves closer to property business
Company will strengthen links with property services firm Move With Us to try to grow lead generation.
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Public access chambers offers fixed-fee debt representation
ShenSmith partners with a debt adviser to help clients who find the traditional solicitor route ‘too expensive’ and offers 'amazing' fees.
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Reed Smith in merger talks with Philadelphia firm
The two firms have identified ‘many potential benefits’ to joining forces.
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Chambers model questioned as commercial sets merge
Three Stone Chambers to offer 'low-cost model' based on 'traditional clerking'.
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Lawyers relying on property to fund their retirements
Third of lawyers surveyed say they plan to use money from their home or a buy to let to fund their retirements.
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SRA shuts down five firms in the space of a week
West Yorkshire Police confirm arrest in relation to fraud allegation linked to one closure.
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Gateley makes first acquisition as a PLC in £2.7m deal
The new business, renamed Gateley Capitus, is the first new addition to the group since the firm floated.
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SRA seeks answers from firms linked to Panama Papers
UK firms named in documents leaked from Panama firm Mossack Fonseca.
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M&A activity shrinks after 2015 high
The value of deals in the first quarter of 2016 has halved year on year, figures reveal.
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Unsecured creditors actually owed £78m from Parabis collapse
In total the limited company and LLP post a deficit of around £211m.
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Firms line up to join P2P lender panel
So far Folk2Folk has appointed 19 firms to its legal panel and received 149 expressions of interest.
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Co-op Legal back in profit, quits legal aid
Business posts £700k surplus for 2015 despite reduced income for the year.
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Commercial pressures could lower quality, bar regulator warns
Pressure to win business could lead barristers to compromise ethical principles, according to the BSB.
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Magic circle firm to build ‘global centre’
London-headquartered Freshfields Bruckhaus Deringer says new hub in the works following client demand.
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Revealed: Slater and Gordon’s UK shakeup plan
City centre office closures ahead as Australia-listed firm battles to recover from £493m losses.
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Cyber-criminals alarm insurers as law firms lose £85m
Major insurer speaks out over the increasing frequency of cyber-attacks on law firms.
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Bar ‘entity’ model points to ‘fused’ profession
Owners of two of the latest BSB-regulated entities claim the two branches of the profession are slowly converging.