News – Page 6
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NewsSociety calls for 10% boost in trainee minimum
Aspiring solicitors should be paid at least £23,122 outside London and £26,068 in the capital, Chancery Lane recommends.
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NewsPEP and turnover flat at Travers Smith
Results reflect resilience in a year of market disruption, managing partner insists.
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NewsSolicitor who swore at counsel should be named, judge rules
‘AB/X’ is accused of breaching the code of conduct at abandoned costs hearing.
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NewsFieldfisher latest to report PEP slide
European firm reports revenue up 11% in tenth successive year of growth.
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NewsMacfarlanes profits slide in 'more challenging year'
PEP drops by 15.8% from a record post-pandemic year as firm takes a 'pause for breath'.
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NewsMishcon drops 'unhelpful' PEP metric
London-based international firm reports 10% rise in turnover following Taylor Vinters merger.
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NewsUpbeat Pinsent Masons announces 7.8% PEP growth
International firm announces record year of revenue growth amid 'challenging economic circumstances'.
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NewsProbate leads Compensation Fund payouts
Largest payment in 2021/22 was £680,000 in a probate matter where a firm had taken client money, corporate report reveals.
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NewsJudge lambasts City firm over costs bill
Budget was left to the last minute, the IT systems were inoperable and the relevant people were not available.
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NewsLegal bodies take aim at China’s rights violations
Lawyers continue to face systemic persecution for defending human rights, Law Society of England and Wales warns.
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NewsLCJ calls for 'radical, long-term thinking' in farewell City speech
'The structures that have evolved since the passage of the Constitutional Reform Act do not help,' Lord Burnett says.
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NewsSeven in 10 legal executives reluctant to switch regulator
Changing current regulatory regime 'not a priority' and CILEX and CILEx Regulation told to stop bickering.
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NewsWeightmans profits up 12.5% after merger
Integration with RadcliffesLeBrasseur has been a great success, managing partner claims.
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NewsProfits flat as A&O gears up for merger
Magic circle firm cites 'intensifying headwinds' as revenue grows 7%.
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NewsHFW profits recover in 'best ever year'
International firm reports double-digit rises in net profits, revenue and PEP.
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NewsSingle AML regulator mooted for professions
State body and consolidation of regulators among options proposed by HM Treasury.
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NewsWe’re not like utilities, says bar regulator chief in defence of independence
Mark Neale sets out case amid criticism of Bar Standards Board’s handling of enforcement.
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NewsProfits surge 17% at Eversheds Sutherland
Revenue in 2022/23 grew at same rate as previous year, international firm reveals.
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NewsProfit dips as turnover rises 9% at Osborne Clarke
Net profit and PEP down 'due to the tougher trading conditions, inflation and the significant but necessary investments we’ve made'.
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NewsLegal aid firm to 'wind down operations' after 24 years
Founder Nicola Mackintosh says low rates, rising overheads and government bureaucracy have made recruitment and retention impossible.