We did nothing wrong in making millions out of sick miners, law firm tells tribunal – The Times

Posted November 20th, 2008 in claims management, industrial injuries, law firms, miners, news by sally

“A law firm that earned £141 million from a government industrial disease compensation scheme denied yesterday that it had exploited sick miners and their families.”

Full story

The Times, 20th November 2008

Source: www.timesonline.co.uk

Partners at UK’s ten biggest law firms take home £1.1m in profits – The Times

Posted November 19th, 2008 in law firms, news, partnerships, remuneration by sally

“Partners at Britain’s ten biggest law firms took home an average of £1.1 million in profits last year.”

Full story

The Times, 19th November 2008

Source: www.timesonline.co.uk

Behind the story: How digging for details unearthed a scandal – The Times

Posted November 14th, 2008 in claims management, fees, industrial injuries, law firms, news by sally

“It was meant to give sick and dying men recompense for the irreparable damage to their health caused by years of mining coal. Yet the legacy of the world’s biggest private injury compensation scheme is the number of opulent houses, private jets and luxury cars purchased with the profits of the solicitors who handled their claims.”

Full story

The Times,14th November 2008

Source: www.timesonline.co.uk

Jim Beresford’s firm made £16.7m in year handling miners’ compensation claims – The Times

Posted November 14th, 2008 in fees, industrial injuries, law firms, miners, news by sally

“Jim Beresford gained the dubious distinction of being the ‘highest-earning solicitor in Britain’ through the profits generated by his firm’s handling of miners’ compensation claims.”

Full story

The Times, 14th November 2008

Source: www.timesonline.co.uk

Lovells up 15% as litigation looks set to take off – The Times

Posted November 7th, 2008 in law firms, news by sally

“Lovells, one of the City’s biggest law firms, defied gloomy expectations for the UK legal market today by reporting a 15 per cent increase in first-half revenue.”

Full story

The Times, 6th November 2008

Source: www.timesonline.co.uk

‘Wave’ of credit crunch cases set to emerge – The Times

Posted November 6th, 2008 in law firms, news by sally

“Litigation departments at the City’s leading law firms have grown significantly busier in recent weeks as investors turn to legal action to recover losses suffered as a result of the financial crisis.”

Full story

The Times, 6th November 2008

Source: www.timesonline.co.uk

Law firms look to cut costs as financial crisis bites – The Times

Posted November 4th, 2008 in law firms, news by sally

“Top City lawyers may be reaping over £1 million a year but law firms are starting to make penny-pinching savings as they feel the impact of the financial crisis.”

Full story

The Times, 4th November 2008

Source: www.timesonline.co.uk

Law firms braced for poor results and job cuts – The Times

Posted November 3rd, 2008 in law firms, news by sally

“Britain’s leading law firms are bracing themselves for the release of gloomy half-year results this week with early signs showing that the recent boom in commercial legal services has ended abruptly. Only two leading firms, Lovells and CMS Cameron McKenna, are projecting double-digit revenue growth for the six months to October 31, in contrast to the last full-year results released in July, when many City firms reported increases of between 10 and 30 per cent.”

Full story

The Times, 3rd November 2008

Source: www.timesonline.co.uk

Tuckers Solicitors receives £9m for one year’s legal aid work – The Times

Posted October 31st, 2008 in fees, law firms, legal aid, news by sally

“A solicitors’ firm reaped gross earnings of nearly £9 million from defending cases on criminal legal aid in one year, according to new figures released today.”

Full story

The Times, 30th October 2008

Source: www.timesonline.co.uk

Iceland hires Lovells to sue Treasury – The Times

Posted October 30th, 2008 in law firms, news by sally

“A legal showdown between the Icelandic Government and HM Treasury looked likely today as it emerged that senior officials in Reykjavik have hired one of London’s top litigation law firms.”

Full story

The Times, 30th October 2008

Source: www.timesonline.co.uk

Top firms line up for 2008 British Legal Awards – Legal Week

Posted October 30th, 2008 in law firms, news by sally

“Ashurst, Freshfields Bruckhaus Deringer and Linklaters have been named among the nominees for a number of top accolades at the 2008 British Legal Awards.”

Full story

Legal Week, 30th October 2008

Source: www.legalweek.com

How small law firms can survive the storm – The Times

Posted October 30th, 2008 in law firms, news, special report by sally

“The public may believe that lawyers thrive in bad as well as good times. But it is becoming clear that some smaller firms will not survive the turmoil of the downturn.”

Full story

The Times, 30th October 2008

Source: www.timesonline.co.uk

SRA acts on City calls to launch conflicts review – Legal Week

Posted October 30th, 2008 in conflict of interest, law firms, news by sally

“The Solicitors Regulatory Authority (SRA) is to launch a review into the conflict rules governing all solicitors after calls from leading firms and the City of London Law Society (CLLS) to increase flexibility for City firms.”

Full story

Legal Week, 30th October 2008

Source: www.legalweek.com

Facing the pain – The Times

Posted October 23rd, 2008 in law firms, news by sally

“The credit crunch could leave the City’s legal infrastructure bruised and sore. Going in-house may not provide much relief.”

Full story

The Times, 23rd October 2008

Source: www.timesonline.co.uk

City law firms need own watchdog, says College of Law head – The Times

Posted October 14th, 2008 in law firms, news by sally

“The head of Europe’s biggest training institution for lawyers has stepped into the row over whether there should be separate regulation of the UK’s major corporate law firms as distinct from the High Street firms that make up the bulk of the profession.”

Full story

The Times, 14th October 2008

Source: www.timesonline.co.uk

Law firms ‘losing talent over hours and work-life balance’ – The Times

Posted October 13th, 2008 in law firms, news, working time by sally

“The culture in City law firms of working long hours is draining talent from the legal profession, according to research to be published this week.”

Full story

The Times, 13th October 2008

Source: www.timesonline.co.uk

Top law firms excel in sexual diversity index – Legal Week

Posted September 5th, 2008 in equality, homosexuality, law firms, news by sally

“Clifford Chance, Orrick Herrington & Sutcliffe, Wachtell Lipton Rosen & Katz and White & Case are among 64 law firms to receive a perfect score in the Human Rights Campaign Foundation’s 2009 Corporate Equality Index, writes the Am Law Daily.”

Full story

Legal Week, 4th September 2008

Source: www.legalweek.com

Law firm in loans probe – The Times

Posted September 1st, 2008 in law firms, loans, news by sally

“An eminent West Country law firm is at the centre of a probe by the legal watchdog into allegations that sub-prime loans may have been mis-sold to farmers.”

Full story

The Times, 31st August 2008

Source: www.timesonline.co.uk

Law firms feeling pinch as companies slash legal spending – The Times

Posted August 26th, 2008 in law firms, news by sally

“Law firms are feeling the pinch as Britain’s top companies, under pressure from the economic downturn, slash their spending on outside legal advice.”

Full story

The Times, 26th August 2008

Source: www.timesonline.co.uk

Lawyers make billions but good times are ending – The Times

Posted August 26th, 2008 in law firms, news by sally

“Their clients may be cutting jobs and reeling from millions of pounds in losses, but Britain’s corporate lawyers enjoyed record profits last year.”

Full story

The Times, 26th August 2008

Source: www.timesonline.co.uk