Tag Results
Major study: Some in-house lawyers find their ethics “under pressure”
Thursday, 2 June 2016Half of in-house lawyers face having to advise on ethically or legally debatable actions, while a similar number complain that actions are sometimes taken against their advice on “legally important matters”, a major report has revealed.
Tags: commercial law, ethics, in-house lawyers
Posted in Latest news, Regulation, Solicitors
Niche contract ABSs aim to rewrite the rules
Wednesday, 1 June 2016Two separate alternative business structures specialising in commercial contracts went live today – each offering clients a non-traditional alternative to corporate law firms. Wavelength.law makes sophisticated use of new technology, while Ember Contract Solutions is part of a management consultancy.
Tags: Alternative business structures, commercial law
Posted in Alternative business structures, Latest news, Technology
Law firm to back clients’ litigation after £50m deal with hedge fund
Monday, 1 February 2016Cardiff-based Capital Law has today launched a £50m fund – backed by a hedge fund – to help its clients pursue litigation, in a first for a law firm. Senior partner Chris Nott said the fund had already helped a small business sue a government department for £1m and another client bring a professional negligence claim against one of the big four accountants.
Tags: commercial law, law firms, Litigation Funding
Posted in Latest news, Market monitor
Top 20 accountants expands commercial law services as City practice evolves with accountancy arm
Wednesday, 18 November 2015Top 20 accountancy firm Kingston Smith is expanding its commercial law services, the firm’s new head of legal services has said. Meanwhile, City firm Bates Wells Braithwaite, which became an alternative business structure last year to bring in an accountant to provide non-legal services, is evolving into a firm of business advisers, its managing partner said.
Tags: accountants, Alternative business structures, commercial law
Posted in Alternative business structures, Latest news, Legal Services Act
Clients transferring risks to City solicitors could result in “law firm collapse”
Tuesday, 20 October 2015Increased risks accepted by commercial lawyers in an effort to please their clients could result in “law firm collapse”, a report for the Solicitors Regulation Authority has warned. Three-quarters of lawyers told researchers said they were “forced to accept more and more challenging terms of engagement with little room for discussion”.
Tags: commercial law, ethics, Solicitors Regulation Authority
Posted in Latest news, Regulation, Solicitors
High Court: Doctrine of repudiatory breach does not apply to LLPs with more than two members
Wednesday, 12 August 2015The common law doctrine of repudiatory breach does not apply to limited liability partnerships (LLPs) with more than two members, the High Court has held, in what is believed to be the first ruling of its kind.
Tags: commercial law, LLPs
Posted in Latest news
GC Hub aims to save in-house lawyers and law firms time and money
Thursday, 14 May 2015A former Addleshaw Goddard partner has set up a website to help in-house lawyers and law firms work together more effectively. Richard Fleetwood is working on GC Hub with the former head of legal at Rolls-Royce.
Tags: commercial law, in-house lawyers, Online Legal Services
Posted in Latest news, Practice Management, Technology
Genus Law makes first acquisition
Friday, 21 November 2014Genus Law, the Leeds-based alternative business structure formerly known as Brilliant Law that is backed by gambling entrepreneur Bert Black, has made its first acquisition. The purchase of niche employment firm Pharos Legal is a “model for what we’re going to do going forward”.
Tags: ABS, Alternative business structures, Brilliant Law, commercial law, Genus Law
Posted in Latest news, Legal Services Act, Market monitor
Legal recruitment consultant sets up commercial law ABS
Tuesday, 30 September 2014Stuart Gillespie, founder of recruitment company G2 Legal, has set up a commercial law alternative business structure with his in-house solicitor, Lucy Tarrant. They are partners in Cognitive Law LLP.
Tags: ABS, Alternative business structures, commercial law
Posted in Alternative business structures, Latest news, Market monitor
Blog
Keeping the conversation going beyond Pride Month
As I reflect on all the celebrations of Pride Month 2024, I ask myself why there remains hesitancy amongst LGBTQ+ staff members about when it comes to being open about their identity in the workplace.
Third-party managed accounts: Your key questions answered
The Solicitors Regulation Authority has given strong indications that it is headed towards greater restrictions on law firms when it comes to handling client money.
Understanding vicarious trauma in the legal workplace
Vicarious trauma can happen to anyone who works with clients who have experienced trauma such as domestic or other violence, child abuse, sexual assault, torture or being a refugee.
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