News – Page 204
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NewsPII insurers cut back cover for 2013 renewal
Two major professional indemnity insurers are making significant cuts to their books
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Law graduates flock to paralegal roles
Law firms are receiving up to 100 applications for every paralegal vacancy
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NewsFirms warned to tackle lock-up days
Small and mid-tier firms are being warned to tighten financial practices, with a large proportion running up excessive amounts of unbilled work. The firm’s experts said economic pressure was causing some firms to lower their client acceptance barriers, leading to working capital issues further down the line ...
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NewsTax changes for LLPs ‘will damage UK’
Legislation to alter the tax rules for limited liability partnerships (LLPs) will have ‘far- reaching’ implications for the legal and business community
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Rise in solicitors on the roll
Some 6,771 solicitors were admitted to the roll in the last 12 months
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NewsCity clashes with judiciary over budgeting exemption
City lawyers are at loggerheads with the senior judiciary over mandatory costs budgeting
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Compliance failures spark SRA sanctions
The Solicitors Regulation Authority has issued its first two sanctions from the mass failure to properly nominate compliance officers.
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NewsMagic circle ‘must adapt to changes’
Magic circle firms must innovate to adapt to a permanently changed legal market, warns Baring GC
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NewsJacoby & Meyers makes inroads into Europe
Pioneering US firm Jacoby & Meyers has announced plans for a joint venture with a UK firm as it expands its operation into the European market.
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Accountancy giants consider ABS moves
Two of the UK’s major accountancy firms are considering applications to become providers of regulated legal services.
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QualitySolicitors leaves WH Smith stores
Legal access points for QualitySolicitors are disappearing from WH Smith stores across the country at the end of a two-year tie-up.
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NewsLSB approves new rules for conveyancing referral fees
The Legal Services Board has granted an application by the Council for Licensed Conveyancers to alter the rules on referral arrangements in conveyancing work.
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NewsList of approved judges for child abuse cases
Rules governing how serious sex cases and proceedings involving vulnerable witnesses are heard will be tightened up.
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Scepticism in partner hires leads to record drop
Scepticism in the value created by partner hires has led to a record fall in the number of recruits during the first half of 2013, according to research.
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Criminal defence firm closes its doors
A leading criminal defence firm has applied to go into voluntary administration, sparking fears that other firms will follow suit.
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Instructions rise at Countrywide
Instructions and profits rose at one of the country’s largest volume conveyancers over the last six months, according to its interim financial report published today.
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Debt judgments fall as businesses invest less
The number of businesses facing debt judgments fell in the first half of 2013, as a lack of business confidence suppressed borrowing, according government figures.
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Direct portal access due next month
Users of the expanded new claims portal will have to wait until the end of September for the more efficient method of registering a case.
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NewsLawyers Online in £2m TV relaunch
Long-established legal internet service provider Lawyers Online has relaunched itself as a referral site for legal services.
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NewsCharity sets up its own law practice
A Leicester charity has become the first such not-for-profit organisation to set up and own a law firm.