Lawyers will likely pay higher fees to cover Axiom Ince collapse, SRA says November 14, 2023 The regulatory body for the legal sector has said today it will probably need to increase the annual levy solicitors pay to the authority in order to cover the collapse of law firm Axiom Ince.
Axiom Ince: SFO makes seven arrests as it probes fraud claims at collapsed firm November 14, 2023 The Serious Fraud Office confirmed today that it is investigating allegations of fraud surrounding the collapse of law firm Axiom Ince, announcing it has arrested seven individuals and carried out multiple raids.
Two-thirds of people would join a class action against their own company November 14, 2023 Class actions are the desirable route for people, as 64 per cent of people would join if they thought a company had broken the law, up four per cent on the previous year. New data from Portland Communications shows that 63 per cent of people would also join a class action against their own employer [...]
UK legal industry revenues jump almost seven per cent despite stagnant economy November 10, 2023 This growth is against the backdrop of an economy has just narrowly avoided a recession after GDP unexpectedly had no growth in the third quarter of the year.
Prolific cybercriminal target magic circle firm November 10, 2023 The firm was added to LockBit's victim list on Wednesday according to a post on X (formally Twitter), with a threat to publish its data on 28 November.
An easy target: Meet the firms being sued in Easygroup’s trademark war November 10, 2023 Easygroup has filed a record number of trademark lawsuits this year over the 'easy' brand. Here are some of the companies they are targeting.
Apple suffers setback in fight against EU’s £11.3bn tax order November 9, 2023 An EU tribunal made legal errors when it ruled in favour of Apple over a €13bn tax order, an adviser to Europe's top court has said.
Deloitte lawyer referred to disciplinary tribunal over ‘unwanted kiss’ at City Hotel November 9, 2023 The legal regulator has referred a former Deloitte solicitor to a disciplinary tribunal over a "inappropriate" kiss at a work social event.
Inflexion selling Chambers and Partners for over £400m November 9, 2023 Inflexion bought the legal ranking and insights business in March 2018, in what City A.M. understood at the time to be between £35m and £50m.
Lloyd’s pledges £52m to projects to address slave trade role November 8, 2023 Lloyd’s of London has pledged to invest over £50m in a host of global development projects as the insurance marketplace looks to address its historic role in the transatlantic slave trade.