News – Page 135
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Profits soar by one-third at Pinsent Masons
International firm reports PEP up 32.8% to £538,000.
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Bar’s client account fund to cut fees to attract solicitors
Escrow account aims to become the ‘service of choice for legal professionals’.
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City lawyers deny using ‘poshness test’
Chief executive of the City of London Law Society dismisses research that suggests firms are excluding the working class.
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New financial list for complex cases
The ‘financial list’ would provide a specialist dispute resolution forum in the face of competition from centres such as Dubai and Singapore.
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PEP soars at Nabarro
International firm is growing faster than at any time since the financial meltdown of 2008.
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Mansfield breaks ranks over legal aid action
Veteran radical urges members of the Criminal Bar Association to call for an emergency meeting to vote for 'strike'.
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RBS reassures solicitor firms over payments delays
Since yesterday, payments made by clients through direct debit and direct deposits have been delayed.
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Underlying PEP climbs 24% at Stephenson Harwood
International firm posted a 42% rise in partner profit after taking into account deferred fee receipts.
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Solicitors vent anger over legal aid chief’s £225k package
Legal Aid Agency report reveals employment costs for senior employees.
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Freshfields plans support sites in US and Asia
Plans for two further legal service centres come shortly after the magic circle firm decided to move back-office staff to Manchester.
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Elite firms accused of ‘poshness test’
Top firms base hiring criteria on factors such as accents and travelling experiences, chair of mobility commission claims.
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Coodes continues Cornwall expansion
County’s ‘premier firm’ merges with Falmouth practice Preston Goldburn.
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Newport solicitors offer clients HR app
Newport-based Harding Evans created the app in collaboration with HE Create & Consult, the Centre of Excellence in Mobile Applications and Services, and the University of South Wales.
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Super-regulator prepares in case BSB ‘falls short of expectations’
The LSB is preparing to assess the bar regulator’s compliance after it missed its first deadline to review its continued regulation of the ‘cab rank’ rule.
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Barrister suspended from public access work for holding client money
Oliver White, a barrister at 4-5 Gray’s Inn Square, has been banned for six months after holding £5,000 for his client.
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Solicitor due money from partnership drawn up in the pub
Retirement discussions took place ‘over a bottle of red wine’, High Court hears.
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Top-25 firm returns to rising profits
DAC Beachcroft and CMS both pleased with financial performances.
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City firms not interested in losing client account
City of London Law Society says members remain firmly in favour of retaining current arrangements.
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Ex-Dewey partner not 'naive' consumer in Barclays loan case
Entertainment lawyer described as an 'unreliable witness' as he is ordered to repay a loan of $540,000.
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Shepherd and Wedderburn reports 'strongest results'
Pre-tax profits of £18m on revenue up 26% as UK firm seeks to build on growth.