News – Page 96
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NewsPI firms say whiplash reforms will finish them off
Practices tell claims management company they foresee problems if the government pushes on with changes.
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NewsConveyancing tax hike on 1 January? Society demands answers
An apparent 'stealth tax’ hike on housebuying has left conveyancing solicitors facing an uncertain Christmas. The Law Society is today seeking urgent clarification from HMRC on unconfirmed reports that VAT will be imposed on searches conducted by local councils from 1 January - just six working days away. Chancery Lane ...
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NewsBrexit: top global firm seeking to expand – but UK-qualifieds ‘unlikely to be of interest’
Solicitor-advocate Trevor Soames, one of EU competition law’s biggest hitters, is turning his back on the UK and has applied for Belgian citizenship.
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NewsMagistrate sacked for failing to understand legal adviser’s role
Judicial Conduct Investigations Office says David Lynds JP has been removed from office.
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NewsVirtual firm receives £3.75m venture capital boost
Business Growth Fund acquires stake in new alternative business structure Setfords Solicitors.
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NewsWinner takes all: mid-tier firms struggle to turn profits
Research finds mid-tier firms are not keeping up with the profit margins of the biggest outfits.
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NewsFirm's managers pocket extra £400k as profits slip
Macfarlanes explains 2014/15 had been a ‘standout year’ for profits and increase reflects that.
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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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News
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.