News – Page 96
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NewsCMA report: firms must publish price information
Competition and Markets Authority publishes final report after a year-long study of legal services market.
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Global firm warns of Brexit effect on UK business
Simmons & Simmons reports pre-tax profits up 13% to £98m in last financial year.
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NewsSuspension for barrister convicted of stalking
Disciplinary tribunal says Jonathan Simpson’s conviction is ‘serious matter’.
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NewsFailed PI firm owed more than £5m when administrators were called in
Creditors’ report on Prolegal reveals unsecured creditors from pre-pack administration will recover 10p in pound.
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NewsTrain youth justice lawyers and pay them more – landmark report
Quality of legal representation in Youth Court often ‘very poor’, says government-commissioned report, partly because criminal lawyers appearing there are badly paid.
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NewsShares plummet as law firm owner issues profit warning
Fairpoint PLC says it is making plans to restore income to expected levels.
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NewsPay-gap tracker highlights gender divide in legal profession
Female legal professionals are paid £2.70 less per hour than their male colleagues.
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NewsFighting modern slavery is good for business – Law Society
Chancery Lane publishes guidance on requirements under Modern Slavery Act and examples of good practice.
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NewsLinklaters board shares £19.6m as profits rise
Magic circle firm reports profits up 4% in year to April 2016. Meanwhile, Nabarro posts 2% rise in half-year revenue.
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NewsConsumer watchdog names new chair
Former local government ombudsman to take over at Legal Services Consumer Panel.
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NewsConveyancing productivity up 55% in three years
Study by search company shows conveyancers completing one transaction every 2.4 working days.
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NewsConveyancers urged to publicise fraud email alert scheme
Free Land Registry service sends e-alerts of all activity relating to up to 10 properties.
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NewsLaw Society publishes ‘transparency toolkit’ for firms
Chancery Lane acts ahead of expected Competition Watchdog call for more information about prices and service quality.
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Multinationals ‘failing to check’ contractors, law firm claims
Survey of compliance officers finds UK weakest jurisdiction for due diligence.
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News‘City powerhouse’ offers trainees £10k for deferral
CMS, Nabarro and Olswang announce voluntary programme ‘to ensure smooth transition’ as they press ahead with merger.
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NewsProfits up 44.8% at listed law firm Gateley
Stock exchange-listed commercial firm reports strong growth in first half.
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NewsFreshfields heads Ireland’s solicitor ‘Brexodus’ table
Law Society of Ireland releases details of ‘tsunami’ of England and Wales solicitors going on its roll.
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NewsNearly one-fifth of MoJ civil servants want to leave
Latest survey shows more civil servants want to leave Ministry of Justice headquarters immediately.
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NewsConveyancers back ‘pre-contract packs’ for buyers
Solicitors believe upfront information would help to speed the homebuying process - but a HIP replacement is off their agenda.
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News‘Change of direction’ sees top 100 firm bow out of SRA panel work
Bevan Brittan has reviewed investment in panel work for the regulator and decided not to retender.