Company & Commercial
Unregulated in-house specialist partners with magic circle firm
Unregulated legal business The Law Boutique has teamed up with a magic circle law firm Linklaters and its own contract management platform to provide companies with an “holistic” service.
Digital law firm partners with start-up platform as part of expansion
Digital law firm arch.law has announced a “strategic investment” in Connectd, a platform linking the founders of start-ups, investors and advisers.
“Exponential growth” for open-source contract platform
The chief executive of a contract platform which provides businesses with free open-source templates backed by artificial intelligence has reported “exponential growth”.
Business recovery firm eyes acquisitions in bid to double size of ABS
Business rescue and recovery firm Leonard Curtis is eyeing acquisitions as part of plans to double the £2.6m turnover of its law firm in the next three years, Legal Futures can report.
The aim is to double the £2.6m turnover of Leonard Curtis Legal (LCL), an alternative business structure launched six years ago, within the next three years.
Insolvency cases on the rise after difficult year for litigation funder
Listed insolvency litigation funder Manolete saw its turnover and profit fall significantly in the last year due to Covid but is now seeing “strong growth in new case enquiries”.
Australian law firm targets UK SMEs with unlimited subscription service
A tech-driven Australian law firm offering SMEs unlimited, on-demand legal services on a subscription basis has set up in the UK, aiming to be the most visited law firm website within three years.
Appeal judges reject challenge to litigation funder assignment
Appeal judges have rejected a company director’s challenge against the assignment by an insolvency practitioner of a claim against her parents to a litigation funder.
Appeal court deprecates “act of deliberate concealment” by party
Civil litigation should be conducted “with cards on the table – face up” and the courts should not “sanction an act of deliberate concealment” by one of the parties, appeal judges have ruled.
City firm to pay £1.5m over negligent advice on company sale
City firm Charles Russell Speechlys has been ordered to pay two former clients nearly £1.5m after a High Court judge found its advice on the sale of their company negligent.
Platform aims to “mainstream” standardisation of contracts
A “standardisation-focused legal community platform” has been launched by the team behind oneNDA, the initiative which created a standard non-disclosure agreement used by 600 organisations.
No need for new laws on smart contracts, Law Commission says
There is no need for new legislation on smart contracts because the existing laws of England and Wales can accommodate them, the Law Commission has said.
National firm’s subscription service “will change the way we work”
National law firm BLM launched a subscription service for commercial work this week which it describes as “a long-term project which will change the way we work”.
Litigation analytics firm turns focus on IP
A litigation analytics company is using machine learning to help lawyers predict the outcome of intellectual property cases, in what is believed to be the first move of its kind in the UK.
Fast-growing virtual legal business launches global trade mark service
A virtual legal business based in the UK has launched what it believes to be the first global trade mark search, registration and watching service entirely run by lawyers.
Start-ups boosted by £1.2m investment and top judge hire
PocketLaw, a start-up aiming to provide a one-stop shop for the legal needs of SMEs, has secured further funding of £1.2m, while an online divorce service has named a top judge as an advisor.