The law firm which bought private equity-owned Roberts Jackson out of administration is planning several more deals to help others exit the personal injury market, Legal Futures can reveal. The post Exclusive: Acquisition vehicle eyes PI firm deal rush appeared first on Legal Futures.
City law firm FieldFisher has set up a separate practice with lower overheads to attract hedge fund clients who could not afford its fees. It is the latest “alternative solution” created by the firm. The post City firm sets up ‘cheaper’ subsidiary for hedge fund clients appeared first on Legal Futures.
One of America’s most prestigious law firms has agreed to pay $4.6m and register as a ‘foreign agent’ after admitting to misleading the US government over work done for Ukraine. The post Top law firm pays £3.5m for misleading US government appeared first on Legal Futures.
A new-model law firm has joined the growing band of practices that offer lawyers and staff a share ownership scheme, and has seen investments ranging from £2,500 to £120,000. The post Virtual firm adds share ownership to model appeared first on Legal Futures.
If junior associates are “gradually culled” from law firms as a result of automation, the “entire reproduction of the legal profession could be jeopardised”, a leading academic has warned. The post “Reproduction of the legal profession” at risk from automation appeared first on Legal Futures.
A tax consultancy has set up an alternative business structure to create a “one-stop shop” for independent contractors seeking advice, saying ABSs had made the law more entrepreneurial. The post Tax consultancy sets up ABS to become one-stop shop appeared first on Legal Futures.
The highly contentious Leigh Day disciplinary case has come to an end with the Solicitors Regulation Authority paying the firm £1m in costs after the regulator’s unsuccessful appeal. The post SRA pays Leigh Day £1m in costs to end disciplinary case appeared first on Legal Futures.
It was wrong to punish a litigant in person who used an unregulated business to serve a claim, even though this was the unlawful conduct of litigation, the Court of Appeal has ruled. The post Unlawful service of claim by unregulated person still valid appeared first on Legal Futures.
The Bar Council may work with the Law Society to influence solicitors and clients as part of a campaign to ensure a fairer allocation of briefs to women barristers. The post Bar Council eyes solicitor support for fair allocation of briefs appeared first on Legal Futures.
A successor practice application against a City law firm should be struck out, a High Court master has ruled, but only after the claimant has been given a chance to amend his claim. The post Successor practice application against City firm “futile” appeared first on Legal Futures.