Law firm probe clients contacted – BBC News
“Letters are being sent to clients of a firm of solicitors which was shut down in an investigation into claims of dishonesty and account irregularities.”
BBC News, 4th January 2010
Source: www.bbc.co.uk
Category: law firms
Firms settle trademark dispute – Law Society’s Gazette
“Nottingham firm Paragon Law has forced West Bromwich and Peterborough firm Paragon Solicitors to change its name and pay legal costs after a trade mark dispute.”
Law Society’s Gazette, 5th November 2009
Source: www.lawgazette.co.uk
Slaughter may lose its legal stranglehold on banking – The Times
“Slaughter and May could lose its crown as the Government’s preferred legal adviser on the banking crisis. In the biggest legal shake-up since the bank bailouts started two years ago, the Treasury is asking other firms to tender for the business.”
The Times, 29th October 2009
Source: www.timesonline.co.uk
Carter-Ruck in new move to stop debate in parliament – The Guardian
“The law firm Carter-Ruck has made a fresh move that could stop an MPs’ debate next week by claiming a controversial injunction it has obtained is ‘sub judice’.”
The Guardan, 16th October 2009
Source: www.guardian.co.uk
Gordon Brown calls for reform of super-injunctions – The Guardian
“Gordon Brown today stepped into the row over the use of super-injunctions that ban reporting of a story and also the existence of the ban, telling MPs the legal tactic was ‘an unfortunate area of the law’.”
The Guardian, 15th October 2009
Source: www.guardian.co.uk
MP to report Carter-Ruck to Law Society over attempt to gag Guardian – The Guardian
“The law firm at the centre of the an unprecedented attempt by a British oil trading firm to prevent the Guardian reporting parliamentary proceedings is to be reported to the Law Society, it emerged today.”
The Guardian, 14th October 2009
Source: www.guardian.co.uk
Law Society report backs role for self-regulation – Legal Week
“Major law firms should take a major step towards regulating themselves, according to Lord Hunt of Wirral’s report on the regulation of the profession.”
Legal Week, 5th October 2009
Source: www.legalweek.com
After years of over-charging, City lawyers could face tough justice – The Independent
“Opportunistic city lawyers who over-charge their clients face tough new rules aimed at tackling the excesses and mismanagement of corporate law firms, under proposals to be published this week. The crackdown on the City’s legal profession comes after growing concerns that regulators have failed to deal with abuses at multi-million pound law firms.”
The Independent, 28th September 2009
Source: www.independent.co.uk
Law firms enjoy vintage year despite dip in profits – The Times
“Britain’s biggest law firms suffered a dip in profits for the first time in a decade last year but still enjoyed one of their best years, earning more than £4 billion.”
The Times, 31st August 2009
Source: www.timesonline.co.uk
Regional law firms take severe steps to cut costs – The Times
“Britain’s leading regional law firms, suffering even more severely from the downturn in the legal services market than their London rivals, are imposing drastic cost-cutting measures in an attempt to stave off further job losses.”
The Times, 21st July 2009
Source: www.timesonline.co.uk
Legal aid tendering proposals postponed – The Independent
“Ministers have postponed plans to make law firms bid for criminal legal aid work.”
The Independent, 21st July 2009
Source: www.independent.co.uk
Lawyers will launch £50m ‘litigation fund’ – The Times
“Three lawyers are planning the flotation of a £50m fund that will make money by financing legal disputes and sharing in any damages awarded.”
The Times, 19th July 2009
Source: www.timesonline.co.uk
Lawyers claim bidding system for criminal defence work may be illegal – The Guardian
“Government proposals to introduce competitive tendering for criminal defence work will ‘savagely reduce’ the number of firms, lawyers say, and may be unlawful in their disproportionate impact on minority lawyers.”
The Guardian, 21st June 2009
Source: www.guardian.co.uk
UK legal industry faces loss of 10,000 lawyers – The Times
“As many as 10,000 lawyers could be out of work in the UK in the next two years as the legal business faces its worst slump in decades.”
The Times, 15th June 2009
Source: www.timesonline.co.uk
Defence fee caps will be final blow for legal aid, practitioners say – Law Society’s Gazette
“Government proposals to cap payments made to acquitted defendants who have paid privately for their defence are the ‘final nail in the coffin’ of criminal legal aid firms, a leading practitioner group has warned.”
Law Society’s Gazette. 11th June 2009
Source: www.lawgazette.co.uk
Bar Council calls on firms to fund civil litigation – Legal Week
“City law firms could help fund some civil litigation cases as part of sweeping proposals to overhaul litigation funding mechanisms in the UK.”
Legal Week, 4th June 2009
Source: www.legalweek.com
City law firms to suffer in weaker market – The Times
“Businesses are deserting the ‘magic circle’ and other City law firms in favour of cheaper alternatives as the legal market continues to struggle with weaker demand, a study has found.”
The Times, 20th May 2009
Source: www.timesonline.co.uk
Lawyers face calls to give business free service – The Times
“Banks and other cash-strapped businesses are putting pressure on law firms by calling for the services of junior lawyers free of charge during the downturn.”
The Times, 20th May 2009
Source: www.timesonline.co.uk
Lord Hunt outlines vision for regulation – Law Society’s Gazette
“The peer tasked by Chancery Lane with reviewing legal regulation says that only ‘minor’ adjustments to the Law Society’s internal governance may be required to yield ‘enormous benefit’ for the regulation of law firms.”
Law Society’s Gazette, 7th May 2009
Source: www.lawgazette.co.uk
