Simpson Millar buys personal injury practice out of administration
WEBMar 14, 2024 · As a result of the sale by administrators Stephen Katz and Asher Miller of Begbies Traynor Group, 14 lawyers are moving over to Simpson Millar, bolstering its serious injury, clinical negligence and industrial disease departments. As at 30 April 2022, Doorway Capital was owed £1.3m.
Mishcon enters alternative legal services market with Flex acquisition
WEBJan 10, 2024 · London law firm Mishcon de Reya (MDR) has moved into the alternative legal services market by acquiring legal resourcing business Flex Legal. Flex began life in 2016 providing paralegals to law firms and in-house teams on an interim basis before expanding to include qualified lawyers as well. It now has a …
Everything you need to know about AML for conveyancers
WEB16 July 2024. By Legal Futures Associate SearchFlow. Every Property Law Solicitor and Conveyancer knows that carrying out an Anti-Money Laundering (AML) check before taking on a client is crucial to ensure compliance. AML checks help to prevent illegal activities such as money laundering and terrorist financing within conveyancing transactions.
SRA issues fines exceeding £55,000 for AML compliance breaches
WEBMar 8, 2024 · AML: Inconsistent SRA notices. The Solicitors Regulation Authority has handed out more than £55,000 in fines to firms and individual lawyers in recent days for breaches of anti-money laundering (AML) requirements. The largest was for Bristol firm Batchelor Sharp, which received a fine of £23,035, near the limit of the regulator’s powers ...
AI helps lawyers complete work quicker, study finds
WEBNov 13, 2023 · ChatGPT: All lawyers should be investigating AI, academics say. A groundbreaking study has found that using generative AI to support, rather than replace, humans results in “large and consistent increases in speed” in completing legal tasks. The US academics who conducted it said the findings suggested that the practice of …
Consumer claims firm went bust owing litigation funders £200m
WEBJan 15, 2024 · Consumer claims firm SSB Law went into administration earlier this month owing six litigation funders a total of £200m, it has emerged. The report of its joint administrators said that, although it had nearly 43,000 cases on its books, this was not enough for an “overhead cost base” geared towards greater volumes.
Insurance and commercial specialist joins law firm O’Connors
WEBMay 10, 2024 · Liverpool and London-based business lawyers and advisers, O’Connors, has appointed insurance and commercial specialist, Sally Lazar, as a solicitor as it accelerates the national roll out of its sector support for financial services and legal services businesses. Sally has 10 years’ experience as an insurance and commercial lawyer, working with major international and regional law firms in ...
Huge US law firm start-up targets London presence by spring
WEBJan 8, 2024 · One of the largest law firm launches in US legal history – a ‘distributed’ practice with over 130 senior lawyers announced last week – is set to plant its flag in London shortly. Pierson Ferdinand is peeling away a huge number of lawyers from FisherBroyles, which was a pioneer of the model of senior lawyers leaving big firms to …
It’s official: fixed costs for clinical negligence set for October
WEBMay 10, 2024 · The government has finally confirmed that fixed recoverable costs (FRC) for low-value clinical negligence claims that settle pre-issue will come into force in October 2024, six months later than planned. The initial start-date of April 2024, announced last September, passed without any official comment except for indications in the minutes of ...
Online employment law specialist targets divorce and conveyancing
WEBApr 25, 2024 · Knight: Serial entrepreneur. The founder of an online employment law firm which specialises in settlement agreements has said he is planning to launch two similar alternative business structures (ABSs) – one for no-fault divorce and the other for conveyancing. Patrick Knight, managing director of Settlement Agreement Solicitors Ltd …
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