Legal firm faces “material uncertainty” after publishing overdue accounts January 7, 2026 After months of delay, the law firm behind the largest action to hit the London High Court published its 2023 financial accounts, which revealed an annual loss of £95m. Pogust Goodhead’s 2023 account, published on Companies House on Monday, four months past the deadline, showed turnover decreased sharply to £3,607,387, down from £53,077,800 in 2022. [...]
Grok scandal exposes Online Safety Act flaws January 7, 2026 The UK’s relatively new Online Safety Act was sold as its long-overdue answer to the alarming harms of social media. Brits were promised a framework tough enough to bar Silicon Valley access, tough enough to promote innovation, and strong enough to keep its users, particularly children, from digital abuse. Barely months into its rollout, controversial [...]
Ex-Jefferies banker pleads not guilty in FCA insider dealing case January 7, 2026 A former banker at investment bank Jefferies pleaded not guilty to one count of insider dealing ahead of a trial listed for January 2028. The Financial Conduct Authority (FCA) revealed in November that it started criminal proceedings against Bobosher Sharipov, 44, and Bekzod Avazov, 43, for alleged insider dealing. Sharipov worked at investment bank Jefferies [...]
Scathing report blames MoJ for wasting public funds and failing justice system January 7, 2026 A new scathing Public Accounts Committee (PAC) report on the Ministry of Justice (MoJ) revealed that a cyberattack last year at the Legal Aid Agency gave hackers access to sensitive providers’ and data for four months. There was a cyberattack on the Legal Aid Agency last year that took the services offline for some time [...]
Interpath and beyond: The surge of private equity investment in professional services January 5, 2026 It was revealed this morning that Big Four giant KPMG’s former restructuring division, Interpath Advisory, was in exclusive negotiations with Bridgepoint to acquire a majority stake in its business, the latest in a string of private equity deals in the professional services sector. KPMG sold the arm to private equity group HIG Capital in 2021 for £400m. [...]
Football-style firings in SMEs: A risky game for business owners January 5, 2026 HR professionals are seeing SMEs start to copy football’s “sack the boss” culture when things go south for the company, but warn that this strategy could turn into an “expensive legal headache”. Managers of major football teams, especially those in the Premier League, can operate like a revolving door when the team is in a [...]
US law firms lead London hiring, fuelled by private capital growth January 5, 2026 Legal recruiters for big law firms in the City had a busy 2025 as hiring for the most senior lawyers surged, with the trend expected to continue into the new year. As employment figures rose in the UK to above the 5 per cent mark in 2025, according to figures by legal recruiter Edwards Gibson, [...]
Three sport law disputes to watch for in 2026 January 3, 2026 Joel Leigh and Rufus Scholefield take a look at the sectors that could define sport law in 2026 The left over mince pies are running out and the sporting world is looking ahead and bracing for a year that promises thrilling competition but also, significant legal and regulatory challenges. 2026 looks certain to be remembered [...]
The six-figure club: Associates at elite US legal firms set for bonus boom December 30, 2025 More than 60 per cent of UK workers aren’t expecting a Christmas bonus this year, but that’s not the case for City lawyers, some of who will receive generous six-figure payouts. Many US law firms operate under the Cravath Scale, named after the law firm Cravath, Swaine & Moore, a transparent lockstep system of associate [...]
Lawyers warn farmers: Labour’s U-turn on IHT threshold “not an all-clear” December 24, 2025 Lawyers warned that, despite Labour’s U-turn on the inheritance tax relief threshold for farms, many agricultural families may still be impacted, and significant tax burdens may remain for some estates. In a whiplash U-turn, the Labour government revealed on Tuesday that, after a year of backlash from rural communities, it would increase the Agricultural and [...]