News – Page 116
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NewsFirms must offshore or northshore to stay competitive – report
Low-cost legal centres can offer clients discounts of 30-50%, study shows.
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NewsManagers fined over legal aid disbursement misconduct
Three admit ‘fundamental and unacceptable error’.
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NewsSlater and Gordon UK chief leaves the business
Neil Kinsella informed staff this morning that he is standing down.
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NewsLaw Society issues guidance on new CPD scheme
The guidance aims to help solicitors comply with the new requirements.
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NewsCosts expert slams £1,000 hourly rates at top commercial firms
Lack of transparency and competition cited as causes of record fees.
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NewsBLP in merger talks with Greenberg Traurig
The merger would create a firm with more than 2,500 lawyers.
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NewsInsurer pulls out of PII market citing dangers of cybercrime
Elite Insurance also worried for its core market in the personal injury sector.
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NewsLay your complaints record bare, says legal watchdog
Legal Services Consumer Panel calls for publication of data on prices, quality and complaints.
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NewsSaga Legal admits it stopped taking new work last year
Alternative business structure seeking new joint-venture partner after collapse of Parabis.
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NewsSRA’s trust exercise ‘far removed’ from our world, say City lawyers
City of London Law Society criticises scenarios used to help form the regulator’s ‘reference framework’ .
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NewsCardiff law firm sets up own litigation fund
Capital Law has secured a £50m fund – backed by private equity investors – to offer financing direct to clients and eliminate third parties from the process.
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NewsListed law firm pioneer halves profit forecast
Australian firm Shine Lawyers sees share price slump after re-entering market with profit warning.
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NewsTop pay at Freshfields jumps 68% on flat profits
The highest remunerated member at Freshfield received £3.2m in 2015.
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NewsRPC agrees tie-up with Singapore firm
The joint venture, which allows RPC to practise Singapore law, will target financial litigation.
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NewsNo plans to float in Irwin Mitchell strategy for 2016
Option is not off the table but other ways of expanding the business appear to be taking precedence.
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NewsInsolvency directors take haircut over ‘unfit’ conduct
The directors of a hairdresser-turned-insolvency practice kept inadequate accounts and issued misleading marketing letters.
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NewsWragge sets female partnership targets
International firm wants 30% of its global partnership to be female by 2026.
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NewsPartners working 6.5 weeks extra per year, research shows
Higher hours driven by a battle for new business with the ‘big four’ accountancy firms, according to legal recruiter.
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NewsP2P lender seeks 100 law firms for first panel
Although Folk2Folk is inviting firms of all sizes to express interest, it is looking in particular for rural high street firms with local knowledge.
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News
Capita still falls short on court interpreting
Ministry of Justice says 97% performance rate is highest since outsourcing contract started on 30 January 2012.