Company & Commercial

The work of lawyers advising large companies has become harder because clients are not as concerned to protect their reputations as they once were, the solicitor boss of the CMA has said.

Immigration and civil litigation were the two areas of legal practice hit hardest by the pandemic last year, with private client and family law “insulated” from the impact, new research has found.

It is fair to say that there has, for many years, been a “difference of opinion” between the law governing personal insolvency and matrimonial law with each “side” believing that they are right and should take precedence. The principal, sometimes conflicting, legislation is covered in the Insolvency Act 1986 and the Matrimonial Causes Act 1973. However, the differing courts can and will give wide discretion when determining whether and how a married couple’s assets are to be divided.

A law firm that settled a negligence claim is entitled to recoup some of what it paid from the counsel it instructed, even though proceedings against him were dropped, the High Court has ruled.

An alternative business structure has been launched by a hedge fund-backed business that finances commercial debt recovery litigation, with ambitious plans for expansion.

Mobile telephone giant Vodafone is now offering access to legal services to its 500,000 business customers after signing a partnership with unregulated legal business Sparqa Legal.

Employment and commercial work are seeing the biggest increases in demand from clients, research has found. However, lockdown has had a “devastating impact” on other practice areas.

The High Court has rejected an attempt by well-known Surrey law firm Stevens & Bolton to strike out allegations against it of dishonest assistance, deceit and unlawful means conspiracy.

City firm Mishcon de Reya has launched an advisory service for companies wanting to build “more sustainable and resilient” businesses as they emerge from the coronavirus crisis.

A City law firm has launched a low-cost commercial law service, using a subscription model and fixed fees, as a “direct response” to the needs of business clients hit by Covid-19.