News – Page 123
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Solicitor-advocates step up challenge with referral site
Website makes it easier for solicitor-advocates to refer work to each other in response to the direct access move by barristers.
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Private equity investors ‘indifferent’ to law firms
Pioneer of private equity investment says IT sector more attractive than legal.
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Don’t accept ‘cold-call’ instructions, warns SRA
The regulator last week reminded practitioners that rules are already in place to stop this form of marketing.
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Barristers’ new venture offers direct access
Founder told the Gazette that the Bar Standards Board-regulated entity takes advantage of the ‘changing legal landscape and the opening up of the legal profession’.
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Council limits ABS use to counter tax liability
Essex council voted last week to push ahead with an application to the SRA.
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Chambers failing to plan for changing legal landscape, BSB says
Risks the bar faces also include cashflow problems, cyberattacks, departing members and a lack of commitment to diversity.
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Claimant lawyers to pay charge for every new portal case
New fee - as yet unspecified - likely to be introduced from December 2016.
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Freshfields signs Manchester lease to double northshoring presence
The new lease will double the magic circle firm’s office space in the area.
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Law firms drop JR threat over MedCo scheme
Panel scheme also makes new statement on random allocation of medical reporting experts.
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LAA delays signing duty solicitor contracts
The government has told firms in all procurement areas that it will not sign the new legal aid contracts until 2 November.
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Small businesses see lawyers as costly last resort
Legal Services Board research shows limited engagement with legal service providers.
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Challenge legal aid contracts by Friday, Law Society says
The Law Society has issued guidance on how firms can contest the outcomes of the new legal aid procurement.
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Essex backs ABS plans to net £1.8m a year
Councillors agree to make application to set up an alternative business structure.
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‘Innovative’ financial list formally unveiled
Legal and financial services industries were given a market briefing on the new Rolls Building list.
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Client pressure putting City firms in danger of collapse – report
Many commercial firms are being forced to accept more risk from their clients, a report commissioned by the SRA shows.
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Slater and Gordon plans boardroom pay boost
Shareholders asked to approve higher maximum pay and new incentives at the AGM on 20 November.
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100 firms planning legal aid contract challenges
Government could be prevented from entering into new contracts next Monday.
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Firms not responding to digital age, annual snapshot shows
Just 23% of firms have made changes to how they operate to respond to the digital age, a survey compiled by PwC has revealed.
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Ban payments to solicitors to stop ‘dressing up’ referral fees – bar chair
The Bar Council chair has said some solicitors try to ‘cloak’ referral fees as administration fees to get around ban.
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Insurance giant makes £6m profits from PI joint ventures
Accounts for Admiral Law and BDE show growing work in progress for both.