News – Page 119
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Five new members to join SRA board
Two solicitors and three lay members take up posts in new year.
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Half of legal staff plan to move jobs, survey shows
Lack of opportunities in the current role is top motivation for restlessness.
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Crime work ‘unaffordable’ for young barristers, warns bar
A government report reveals that fees for criminal legal aid work are falling by an average of 4% a year.
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LCJ refers silk to regulator over ‘ill-judged’ humour
Michael Wolkind QC accused of ‘patronising and inappropriate attempts at humour’ in a murder trial.
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Slater and Gordon shares slump again on profit warning
Quoted firm's shares slide 17% following worse than expected UK trading. Company's value down more than 80% since April.
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Sonae firm sunk by referral fee ban and group litigation failure
At its peak in 2013, GT Law operated from 20 offices and employed more than 100 people.
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DWF leads pre-Christmas merger rush with German deal
Merger will create firm with £194m turnover and 2,360 staff members.
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‘Naïve’ solicitor suspended over unauthorised ABS
Solicitors Disciplinary Tribunal rules that Jayne Okacha ‘abdicated her professional responsibilities'.
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Addleshaw settles Berezovsky fee dispute
Settlement reached over unpaid fees relating to litigation by late Russian oligarch Boris Berezovsky.
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Listed Gateley ‘overachieving’ as public company
Profits up as law firm reports ‘smooth transition’ to quoted status and announces first dividend.
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Investors issue letter of claim over Quindell accounts
Shareholders ask for answers about publication of revenue and profit forecasts by former legal services giant.
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Top 100 wary of stock market listing
Survey finds finance directors reluctant to cede control to shareholders.
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Bar warns solicitors’ agents against ‘illegal’ court appearances
Guidance cautions unregistered barristers not to appear in public hearings to avoid criminal liability.
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Creditors’ £7m shortfall from collapsed London firm
Financial records show Jeffrey Green Russell had a book value estimated at £9.75m, but this is likely to realise only £875,000.
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LeO shelves bid to become compliant ADR entity
Client care letters will need to signpost another ‘ADR entity’.
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Cambridge firm invests in legal tech start-up
Taylor Vinters has taken a stake in Pekama, which provides a cloud-based technology tool.
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Cardiff backs Geldards jobs with £127,000
Firm is latest to receive business finance from the Welsh government to create and safeguard jobs.
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ABS start-up enters PI market with £13m acquisition
Pure Legal Limited acquires Pryers LLP as first step in five-year plan to thrive in fixed-fee era.
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Kennedys strengthens Scandinavian presence
International firm announces a merger and two associations.