News – Page 92
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Super-regulator announces Law Society-SRA governance probe
Chancery Lane welcomes opportunity to clarify statutory duty of oversight.
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Don’t panic over Gulf exodus, sector experts say
Clifford Chance, Herbert Smith Freehills and Weil Gotshal have all announced they are leaving the region.
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LSB ‘not stepping back’ from diversity role
Oversight body has published ‘less prescriptive’ guidance for regulators.
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Freshfields puts pen to paper on new City home
Magic circle firm will be based at 100 Bishopsgate from 2021.
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Be more diverse or we’ll withhold 10% of your fees, IT giant tells firms
US technology company HP issues diversity mandate, telling law firms ‘we can all do better’.
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Litigation funder launches $200m US investment vehicle
IMF Bentham launches $200m vehicle to finance US cases and investments.
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Solicitors to ‘vociferously oppose’ fee cuts
Criminal law groups say Ministry of Justice plans to reform litigators’ graduated fee scheme are ill-conceived.
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Asons pays £113,000 over ‘falsely and systematically’ exaggerated claims
Bolton-based personal injury firm settles dispute with insurer over costs in 65 claims.
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Ministry of Justice raised JAC chair salary by 44%
MoJ has also reduced the time commitment for the post from three to two days a week.
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KWM: administrator’s report lays bare full story of collapse
SJ Berwin successor firm went down owning few assets other than work in progress and unpaid bills.
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City firm uses machine learning to speed up document analysis
CMS latest to adopt artificial intelligence technology in litigation, arbitration and investigations.
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Rota 'mistake' could cost firm £40,000
Wigan firm told it has not been allocated any slots on forthcoming crime duty rota.
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Freshfields bosses share £18.1m as executive pay climbs 8%
Top executives at magic circle firm Freshfields Bruckhaus Deringer shared £18.1m in the last financial year, an 8% increase on the previous 12 months. The joint remuneration of the senior partner, managing partners and global practice group heads is disclosed in newly filed group accounts for the year to 30 ...
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Hogan Lovells partners to put £50m into firm
Each partner will contribute around £100,000 over five years.
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Society celebrates solicitor's elevation to Court of Appeal
'I long for the day this is routine,' Sir Gary Hickinbottom tells Chancery Lane event.
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Nottingham to host online divorce pilot
Scheme will allow proceedings for a matrimonial order to be filled in via the web.
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Norton Rose Fulbright close to merger deal
City firm eyes merger with US-based Chadbourne & Parke.
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Mutual recognition critical, Bourns tells MPs, as Brexodus continues
More than 800 solicitors have sought to be admitted in Ireland since Brexit, justice committee hears.
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Eversheds Sutherland merger goes live
Combined firm will have more than 2,000 lawyers in 29 countries.
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Transparency proposals 'could mislead clients' - Society
Law Society condemns SRA proposals to create a digital register of raw regulatory data.