Search Results for: solicitors
The upcoming increase in interest rates
October 6th, 2017
Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The working assumption should be that this was coordinated, and that both the ECB and ...
One of the world’s leading law firms fined a record £250,000
July 21st, 2017
White & Case has been fined a record £250,000 by the Solicitors Disciplinary Tribunal (SDT) for breaching conduct rules. The SDT found that the firm had acted ‘recklessly’ failing to declare conflicts of interest and protect confidential information about ...
Clyde & Co faces £50,000 fine after SDT ruling
April 4th, 2017
International firm Clyde & Co has been fined £50,000 and three of its partners fined £10,000 following a Solicitors Disciplinary Tribunal ruling that they breached money laundering and accountancy rules. The decision, published yesterday by the Solicitors Regulation Authority, ...
More than a third of law firms in England and Wales owned by women
March 13th, 2017
Equality in the solicitor profession is moving closer with more than a third of law firms in England and Wales now estimated to be majority-owned by women, the Law Society of England and Wales said to mark this year’s ...
The Law Society UK reports on technological innovation in Legal services
February 8th, 2017
The independent professional body for solicitors in UK, The Law Society, has published the research report “Capturing Technological Innovation in Legal Services”. Unprecedented technological change offers solicitors exciting opportunities to innovate in ways that benefit clients, technological innovators and ...
First ever ‘para-law’ firm launches in the UK
January 23rd, 2017
The controversial new venture will allow unlicensed paralegals to do the bulk of case work in order to drive down costs for clients. Launched by the Kohen Rapoport Group and named ‘LCM’, the United Kingdom’s first ever ‘para-legal’ firm ...
HSBC voluntarily agrees to provide approximately £4m redress for historical debt collection practices
January 23rd, 2017
HSBC has voluntarily agreed to set up a redress scheme for customers who may have suffered detriment by paying an unreasonable debt collection charge imposed by HFC Bank Ltd (HFC) and John Lewis Financial Services Limited (JLFS), the Financial ...
A ‘tsunami’ of new lawyers in Ireland
December 6th, 2016
Brexit has contributed to a ‘tsunami’ of new lawyers here, according to the Law Society of Ireland. Figures show the Society will have admitted an additional 1,347 new solicitors by the end of the year. The projected figure represents ...
Burness Paull defends multi-million dollar claim relating to legacy business
November 18th, 2016
Burness Paull is defending a $210m claim relating to legacy business Paull & Williamsons, Legal Business has learned. The claim, filed by Robert Kidd, former chairman and principal shareholder of oil service firm International Tubular Services (ITS) relates to a private equity ...
Leading sports lawyer denies money laundering charges
October 26th, 2016
A renowned sports lawyer today appeared before the Solicitors Disciplinary Tribunal denying a string of allegations. Mel Goldberg, who represents high-profile footballers and world champion boxers, is charged with eight separate allegations in relation to how he ran his ...
