ABS, COLP & COFA News

Latest news – Legal Futures

• Hedge fund-backed debt business launches ambitious ABS 5th August 2020
  An alternative business structure has been launched by a hedge fund-backed business that finances commercial debt recovery litigation, with ambitious plans for expansion. The post Hedge fund-backed debt business launches ambitious ABS appeared first on Legal Futures.
  Dan Bindman
• Lawtech firm eyes global push after raising £6m 5th August 2020
  A lawtech business set up by a former City solicitor and his programmer brother is looking to expand further internationally after raising £6m in private equity funding. The post Lawtech firm eyes global push after raising £6m appeared first on Legal Futures.
  Nick Hilborne
• Legal executive banned for forging client’s signature 5th August 2020
  A highly experienced chartered legal executive who forged her client’s signature after forgetting to ask the client to sign a consent order has been banned from working for law firms. The post Legal executive banned for forging client’s signature appeared first on Legal Futures.
  Neil Rose
• “Extremely egotistical” solicitor fails in victimisation claim 4th August 2020
  An employment tribunal has rejected a victimisation claim from an “extremely egotistical” solicitor who was fired by a citizens advice bureau within a fortnight of starting his job. The post “Extremely egotistical” solicitor fails in victimisation claim appeared first on Legal Futures.
  Neil Rose
• Law Society announces another multi-million pound deficit 4th August 2020
  The Law Society recorded an operating loss of £5.5m on its representative work for solicitors in the last financial year, its annual report has shown. It was part of an overall deficit of £9.3m. The post Law Society announces another multi-million pound deficit appeared first on Legal Futures.
  Neil Rose
• SRA imposes ban on trainee solicitor jailed for rape 4th August 2020
  A one-time trainee solicitor who violently raped one woman and attempted to rape another has been banned from the profession. His sentence was increased to 16 years in May. The post SRA imposes ban on trainee solicitor jailed for rape appeared first on Legal Futures.
  Legal Futures
• Charities sue over senior partner’s theft from estates 3rd August 2020
  Multiple charities – including the Church of England – that claim they lost out after a senior partner stole millions from clients’ estates are suing her, her former partner, the firm and its insurer. The post Charities sue over senior partner’s theft from estates appeared first on Legal Futures.
  Neil Rose
• PI lawyer used disbursement cash to prop up firm 3rd August 2020
  The owner of a personal injury firm has been struck off after retaining nearly £500,000 in disbursements to keep his firm afloat after it was badly hit by the LASPO reforms. The post PI lawyer used disbursement cash to prop up firm appeared first on Legal Futures.
  Nick Hilborne
• Ince Group values brand at £17m as turnover soars 3rd August 2020
  Listed law firm Ince Group has had its brand valued at £17m, it announced yesterday as it unveiled turnover up 87% to £98.5m, reflecting the full impact of the acquisition of Ince & Co. The post Ince Group values brand at £17m as turnover soars appeared first on Legal Futures.
  Neil Rose
• City giant offers support to staff suffering domestic abuse 3rd August 2020
  City giant Linklaters has introduced a new policy and package of support for employees who are living with domestic abuse, including paying for emergency hotel accommodation. The post City giant offers support to staff suffering domestic abuse appeared first on Legal Futures.
  Neil Rose