News – Page 14
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SRA’s £6m undertaking could save indemnity fund
Law Society and sole practitioners welcome decision to underwrite potential liabilities.
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Solicitors face fresh competence checks
Regulators will be required to provide greater assurance that lawyers remain competent throughout their career.
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Society recommends 4% rise for trainees
New recommended minimum salary is £23,703 in the capital and £21,024 elsewhere in England and Wales.
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Profits and PEP up at Eversheds
International firm celebrates 'best ever year' for transactional team.
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Solicitors warned on corporate undertakings risks
Courts do not have the same power to enforce undertakings against corporate entities as they do against individual solicitors.
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Partner profits surge at 200-year-old Ashurst
City firm records sixth consecutive year of financial growth.
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Legal aid increase SI is laid - at last
Long fought-for 9% increase will come in at end of September.
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Merger boosts agriculture expertise at Thrings
Wye Valley-based Okells FrancisLaw combines with top-100 firm.
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Don’t encourage cyber blackmail, solicitors told
Law Society responds to unprecedented ransomware alert from National Cyber Security Centre.
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Partner profits up 16% at Pinsents
International firm is latest to report healthy financial results for 2021/22.
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SRA accused of selective accounting over indemnity fund plan
SIF shutdown is unnecessary and would breach regulator's statutory duty, Sole Practitioners Group hears.
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Profits soar by 25% at Weightmans
National firm announces annual results in wake of RadcliffesLeBrasseur merger.
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Litigation funders’ warchest reaches new record
Businesses are on the hunt for new cross-border class actions for investments.
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LSB rejects new rules for unregulated sector despite ‘significant’ market share
Regulators will concentrate on pushing voluntary arrangements onto unregulated providers.
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Family solicitors welcome extension of voucher scheme
£5.4m invested to steer family cases away from court - but more needs to be done, says Law Society.
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Online dispute resolution could unlock £3.4bn a year
LawtechUK initiative sets out design of key part of master of the rolls’ civil justice vision.
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First electronically signed property deal goes through
Top-100 firm Hugh James is first to submit qualified electronic signature, which does not require witnessing.
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Lawtech initiative 'created a sense of urgency'
Each pound of government money leveraged at least £2.30 from the private sector, evaluation estimates.
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Bullying rule could be self-defeating, Society tells SRA
Chancery Lane worries that proposed regulatory requirement to challenge bullying behaviour could silence vulnerable solicitors.
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Russians lead commercial litigant table - for now
Annual survey shows a dramatic drop in the number of judgments in London courts.