Europe/UK - Page 192
Briggs review backs online court that cuts out lawyers
An interim report from a landmark review of civil justice has backed the creation of an online court for claims worth up to £25,000.
Insider trading trial to begin after six-year delay
The jury in a case concerning five former finance professionals accused of conspiring to trade securities with inside information was sworn in yesterday, after years of delays.
HSF dominates FTSE litigation rankings
Herbert Smith Freehills (HSF) has emerged as the most popular firm for FTSE 100 companies in High Court and Court of Appeal (CoA) cases.
Co-op announces first legal buy-up
The Co-operative Group has announced its first legal acquisition, as it refocuses attention on face-to-face services after a difficult start in the sector.
RBS ends tussle over pay with go-to law firms reappointed
The tug of war between The Royal Bank of Scotland and its go-to law firms over a proposed pay freeze ended with Allen & Overy (A&O), Clifford Chance (CC), Linklaters winning appointments to the bank's legal panel for the next three years.
SRA puts solicitor competence under the microscope
The Solicitors Regulation Authority has flagged concerns that solicitors and in-house lawyers in the UK are being asked to punch above their weight, with a potentially adverse effect on criminal advocacy standards.
75 per cent of UK 200 firms could vanish within five years, says new report
Stockbroker Arden Partners believes that up to 75 per cent of the current UK 200 firms could disappear over the next five years, as external investment consolidates the 'highly fragmented' market.
Another day, another Dentons acquisition
Dentons has confirmed it is hiring Matthew Arnold & Baldwin's (MAB) banking and finance litigation team, made up of 11 partners and 64 fee-earners.
Crown Court welcomes youngest judge in recent history
At only 33 years of age, Albion Chambers junior barrister Anna Midgley is set to become the youngest criminal law judge in the UK in recent history.
Nabarro and Slaughter and May up trainee retention
Nabarro and Slaughter and May improved their trainee retention figures this month, with the former keeping 89 per cent and the latter managing a 95 per cent rate of retention.
Parabis: unsecured creditors set to lose millions
New documents have revealed that the collapsed Parabis group went into administration owing almost £50m to more than 2,500 unsecured creditors.
Leigh Day under fire for alleged document shredding
Prominent human rights law firm Leigh Day is facing disciplinary action over its handling of key documents relating to the alleged abuse of Iraqi detainees by members of the British military.
Financial management pays off as debt falls and profits soar at Simmons'
Simmons and Simmons' focus on costs and lock-up management helped the firm to increase profits and reduce borrowing costs for the last financial year.
Women and trainees the majority of callers to lawyer support charity
Two out of three callers in 2015 to a charity offering support and advice to lawyers were women, while nearly four out of ten were trainees or qualified for five years or less.
UK law firm drops traditional annual leave policy
A UK law firm is granting its employees permission to take holiday as and when they wish in a move to attract good staff.
Financial services sector is top recruiter of lawyers in 2015
Banks and financial services companies recruited more lawyers in the UK than any other sector, a trend set to continue in the new year.
City lobby doubts Gove's levy on law firms
Chris Cummings, chief executive of the lobby group TheCityUK, says he has picked up a 'possible change in tone' in justice secretary Michael Gove's proposal for a levy to fund legal services.
British banks on the hunt for legal talent
An annual UK jobs index from recruitment firm Robert Walters has found lawyers to be the most in-demand profession for leading banks in London, amid increasing regulation and a spate of heavy penalties.
CC frustrates future UK trainees by cutting funding on skills course
Clifford Chance has just informed its intake of trainees for next year that it has stopped funding the trainees during the week-long Professional Skills Course, a decision which could lead the new joiners roughly £800 out of pocket.
Income at KPMG legal up 53 per cent
KPMG, one of the Big Four accountancy firms to offer legal services through an alternative business structure, has reported a huge rise in income from the division and pledged further investment.