Europe/UK - Page 222
ABN ex-lawyer sues for discrimination
Angela Cobbina, formerly the top lawyer in Britain at ABN Amro, is claiming race, sex and religious discrimination against her former employer.
London Lehman's business pays £295m in legal fees
Administrators for Lehman Brothers in the UK are expecting to be left with a surplus of £5b, after paying all costs including at least £295m in legal fees.
Law firms raise more concerns on money laundering
The number of times that UK-based law firms were seen to be facilitating or perpetrating possible money laundering more than doubled between 2012 and 2013.
Numbers of lawyers fall in City of London
The number of legal professionals working in the City of London has fallen by 18,000 since 2008, according to recruitment agency Randstad Financial and Professional.
Bogus law firms used to defraud the public
There were 549 cases last year of bogus law firms being used to attempt to defraud the public in the UK last year, according to the Solicitors Regulatory Authority (SRA).
Law Commission backs pre-nups
The Law Commission is recommending that England and Wales allow pre-nuptial agreements, mirroring the US and Germany.
Landmark case costs Game £3m back rent
A case has changed the law concerning the payment of rent in an insolvency situation
Profitability under threat from fixed fees, say FDs
Fixed fees are posing a major threat to law firm profitability whilst client demand for discounted fees is viewed as the most significant risk law firms faced last year.
CPS cracks down on overseas asset recovery
The Crown Prosecution Service (CPS) is developing a more aggressive strategy to find assets hidden in foreign countries by tax evaders and drug dealers.
Private client firms in merger talks
Two top London private client law firms have announced they are in talks to create a £126 million firm.
City law firms set up British press regulator
A new regulator has been set up to oversee British press standards.
Credit rating of UK legal sector improves
Despite the well-publicised end of legal practice Manches, law firms in general had a better profile in 2013 with lenders than any year since 2009.
Magic Circle firms hit by 'confidence' problem on recruitment
UK law graduates are shying away from applying to the top five law firms if they feel they do not have the right academic background.
Creditors chase law firms harder for debts
The failure of law firms to pay their debts, despite increased action from creditors, has emerged as the most common factor in law practice insolvencies in the UK.
UK media firm moves to accept bitcoin
Sheridans, the London media and IT specialist, is responding to the requests of clients by accepting bitcoin.
London law firms fury over partnership tax changes
London law firms are up in arms over changes to the tax rules governing Limited Liability Partnerships(LLPs).
Dishonesty on the rise among UK lawyers
The Solicitors Regulation Authority (SRA) saw a steep increase in dishonesty cases in 2013, with its resulting interventions increasing from nine cases to 21 in comparison with 2012.
Jones Day picks up third Berwin Leighton partner
The ex-head of restructuring and insolvency, Ben Larkin, has left Berwin Leighton Paisner to join two former colleagues at Jones Day in London.
London set to move closer to recognising prenups
The divorce capital of the world, London is expected to take a big step nearer to recommending the recognition of pre-nuptial agreements this month.
Booming UK in-house market doubles
The UK in-house legal market is booming and has doubled over the past 13 years.