Europe/UK - Page 226
Money-laundering reporting rockets
Suspicious transactions are being reported to the authorities more than ever before, according to new figures.
Numbers of UK Gov military lawyers shoot up
The UK Government is employing more military lawyers than ever before as soldiers become more litigious.
Top tier UK partners are millionaires
The upper echelons of the UK legal sector are splitting into two groups by earnings - as the top ten law firms reward their partners with an average of a million pounds each.
Lehman fall spurs delayed litigation rise
The number of claims filed to the London Commercial Court has risen 23 per cent over the last 12 months as lawyers rush to beat a six-year deadline in order to bring claims relating to the global financial crisis.
UK proposals could lead to libel surge
Proposals by the Ministry of Justice to change the 'loser pays' method of resolving legal costs in libel cases could result in a surge of cases, according to research from a specialist law firm, Wiggin.
Professional insolvencies on the rise in the UK
The appointment of liquidators to legal and other professional firms has increased 15 per cent in the UK, comparing Q3 2013 with the same period in 2012.
David Cameron's brother in the limelight
A 90 year ban on cameras in court in the UK has been lifted.
Barclays under spotlight on forex practices
Barclays Bank has admitted that it has 'received enquiries from certain…authorities related to their particular investigations' on foreign exchange trading.
Chelsea FC seeks first in-house lawyer
Chelsea Football Club is following in the steps of Manchester United and other top clubs by recruiting an in-house lawyer.
Top judge suggests using Skype to cut costs
The new Lord Chief Justice has recommended using Skype and lawyers outside London in order to get cheaper access to justice.
Jones Day London competition head leaves for Binghams
Another top level defection is taking place as Frances Murphy moves from Jones Day to Bingham McCutchen in London.
ABA president debates ABS
The US and UK continue debates over alternative business structures at the ABA International meeting in London.
Manches was facing 'considerable financial difficulties' before merger
UK law firm Manches, which was taken over by Penningtons this week, had been suffering 'trading losses and lack of liquidity', according to a report in Credit Today.
GCHQ 'probably' intercepting lawyers emails
Lawyers at the human rights group Reprieve are concerned that their emails regarding their representation of eight Libyans might be compromised as they they are 'probably' being intercepted by government security sources.
Lawyers need to take pro-active role on bribery law, says SFO
Lawyers in UK organisations should be ready to report what their companies are doing to the Serious Fraud Office (SFO), according to its new co-head of bribery and corruption.
UK law firm collapses under new PI rules
The first UK law firm, niche practice Harris Cartier, has been put into administration under rules which took place on October 1 requiring them firms to have professional indemnity (PI) in place.
Barclays compliance chief takes stress leave
Sir Hector Sants, head of compliance and government and regulatory relations at Barclays Bank, is taking leave to recover from 'exhaustion and stress' after nine months in the job.
ABA International arrives in London
London is bracing itself for the American Bar Association's arrival.
Penningtons takes over Manches to create 115-partner UK practice
The new law firm Pennington Manches now has seven offices in London and the home counties, and a combined turnover of £58m.
Former trader replaces lawyer before plea hearing
A London trader has changed his legal advisers ahead of a court hearing over alleged manipulation of yen Libor rates.