Not-for-profit’s ground-breaking ABS eyes expansion (LF)
The firm, created by Leicester-based Community Advice and Law Service (CALS) a year ago, has found the going tough, but is hopeful that income from private client work will be […]
New law to target “corrupt lawyers” who help criminals (LF)
“Corrupt lawyers” who help who organised crime gangs and hide behind a “veneer of respectability” will be targeted by a new offence, the Home Office announced yesterday.
ABS model boosts Knights’ revenue by 28% (LSG)
Revenue at private equity-backed north-west firm Knights grew 28% to £12m in 2013/14 – with the rise attributed to the firm’s first full year as an alternative business structure (ABS).
Building Society chooses Shakespeares conveyancing (TC)
Following an intensive tender process, growing Midlands law firm Shakespeares has successfully won renewed and extended contracts with Coventry Building Society’s legal panel to deliver re-mortgaging and conveyancing services.
New tax system in Wales: have your say
The Wales Bill will give the Welsh government new powers to borrow money and create new taxes to replace stamp duty land tax and landfill tax. It will also allow […]
SRA publishes response to the Independent Comparative Case Review
The Solicitors Regulation Authority (SRA) has today (Tuesday, 3 June) issued its response to Professor Gus John’s Independent Comparative Case Review (ICCR) report, which was published in March this year.
Racial over-representation ‘an issue’, SRA agrees (LSG)
The Solicitors Regulation Authority (SRA) has accepted the findings of an independent report showing black and minority ethnic (BME) solicitors to be over-represented in its regulatory activities.
Medium-sized firms lead way on fee income, profits and PEP (LF)
Law firms with 11 to 25 partners are leading the way out of recession, with rising fee incomes, net profits and a 21% surge in profit per equity partner (PEP), […]
Solicitors more diverse than society, profession-wide survey shows (LF)
Solicitors in law firms are slightly more diverse than the rest of society, the results of the profession-wide diversity monitoring undertaken by the Solicitors Regulation Authority have shown.
CPD reform plan ‘could ruin market for training’ (LSG)
Removing the mandatory requirement for 16 hours of continuing professional development a year could devastate the legal training market as firms cut their spending, the Gazette has been told.
Conveyancers remain cautious on hiring (LSG)
Conveyancers expect the property boom to continue throughout the year, but they remain cautious about increasing headcount, according to an authoritative market snapshot.
CPD reform: a ‘race to the bottom’? (LSG)
The existing CPD regime may be ‘tick-box’; but what is likely to replace it is even more so.