News – Page 33
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Top-25 firm cuts salaries and partner drawings for almost a year
Cost-cutting announced at Osborne Clarke as firm says 2020 likely to be ‘subdued at best’.
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Law firms keep up community work during Covid lockdown
Practices across the country raising money to plug gaps left by cancellation of events.
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Insight: Debt-laden McMillan had been loss-making for years
Accounts reveal firm took out loan after loan to fund rapid expansion.
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Labour goes to lord chancellor for legal aid help
Shadow minister says allowing monthly claims to Legal Aid Agency would provide immediate support.
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City firm tells staff: You don’t need to come into office this year
A third of Hausfeld workers tell their firm they are concerned about travelling into London.
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Growing remote firm buys specialist advisers to the stars
Excello Law still operating virtual model, but with office hubs for client meetings and seminars.
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Buckland 'should use LASPO powers' to save firms
Practitioner group makes three key demands in a briefing paper prepared for the government.
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Sacked employees of shut down firm awarded £114k in total
Conveyancing practice was shut down last year and now loses a series of default employment tribunal judgments.
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Safety guidance for conveyancers to help restart housing market
Law Society says solicitors ready to help stalled house moves as long as it complies with public health requirements.
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Legal revenues drop sharply in first quarter
Official figures show revenues were hit by Covid-19 as early as March.
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Conveyancers cautiously welcome housing market reboot
Firms fear transactions will remain difficult to complete despite government announcement.
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SRA offers extra 90-day window to firms suffering PII crisis
Firms can try to negotiate an extra policy period with their insurers in order to secure cover.
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Land Registry investigating service outage cause
Business e-services portal among areas hit by access issues.
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Society welcomes extension of furlough scheme
'Necessary support for firms as they seek to retain employees.'
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City giant Eversheds tells less busy staff to take 20% pay cuts
Flexing the Working Week scheme means firm can reduce hours and salary in affected practice areas.
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Shadow legal aid minister calls for claims limit to be lifted
Karl Turner says funds are not freely available to firms doing certain complex work.
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Pre-pack sale for shut firm facing £4m in claims
Scott Fowler was the defendant in 166 claims, according to 2018 costs judgment.
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14% of firms say business growing in crisis
Global survey shows no indication that need for legal services has declined during the pandemic.
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More than 40 countries considering online justice
'Remote courts are here to stay,' says leader of information clearing house.
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Frontloading immigration work 'will drive firms out of business'
More than 200 practitioners write to Legal Aid Agency over funding concerns amid changes in response to pandemic.