Two-thirds of over-50s wish they had started saving for their pensions sooner March 23, 2022 Almost two thirds of over-50s wish they had started saving towards their retirement at an earlier stage, new data from Aviva shows. Close to half (49 per cent) of over-50s regret not saving for their pensions sooner, while 64 per cent said they wish they’d started saving sooner. More than a quarter (26 per cent) [...]
Journalist has right to protect Birmingham pub bombing source, judge says March 22, 2022 A British judge has said a prominent journalist is within his rights not to hand over information that could identify the person responsible for the Birmingham pub bombings. Former MP Chris Mullin is under no obligation to hand over notes for an interview with a person who claimed to be responsible for the Birmingham explosions [...]
DWF looks towards Africa and Latin America after striking deals with Iberian firms March 22, 2022 Listed law firm DWF has struck deals with two separate firms, in Spain and Portugal, in line with its plans for global expansion. The Manchester headquartered company said it had come to agreements with Spanish firm RTS Group and Portuguese law firm Nobre Guedes & Associados (NGA), with a viewing to strengthening its position on [...]
Grant Thornton gives CEO David Dunckley a second four-year term March 22, 2022 Accountancy giant Grant Thornton has given incumbent CEO David Dunkley a second, four-year term. The decision to rehire Dunckley to head the professional services giant comes after the firm was fined £2.3m last year over its audit of collapsed café chain Patisserie Valerie. The City of London auditor was also fined a further £1.3m last [...]
Mishcon faces £65m lawsuit over claims its ‘negligent’ advice to led to collapse of London property deal March 22, 2022 A Jersey registered real estate fund has sued London law firm Mishcon de Reya for £65.8m over claims the firm’s negligent advice led to the collapse of a major property deal. Property investor Aurium Real Estate London Ultra Prime Ltd is suing Mishcon after the law firm advised the fund to “build around” a hold-out [...]
Civil Court delays will harm UK businesses, legal experts say March 22, 2022 Legal experts have warned that record long civil court delays will create complications for UK businesses, after new data showed claimants must now face 74 weeks waiting times before their cases are heard. Claimants are being forced to wait for more than a year for their cases to be heard in civil courts, new data [...]
Exclusive: Aspire chairman Paul Farrer warns Brits ‘not to walk blindly into four day week’ March 20, 2022 From a healthier work/life balance and greater job flexibility to giving employees the freedom to spend more time with their family or even focus on a side hustle, the potential advantages of the four day working week are huge. Businesses could stand to benefit too, with happier, more productive and focused staff. Amid record level [...]
Lawyers say P&O broke the law by firing 800 staff over pre-recorded video call March 18, 2022 Dubai owned ferry operator P&O could be subject to a series of successful lawsuits over its decision to fire all 800 of its UK staff via a pre-recorded video call, lawyers have said. Speaking to City A.M. Helen Crossland, employment partner at West End law firm Seddons said P&O’s decision will expose the firm to [...]
Clyde & Co set to merge with insurance specialist BLM March 18, 2022 London law firm Clyde & Co is in advanced negotiations to merge with insurance specialist BLM, the two law firms have said. A spokesperson for BLM confirmed to City A.M. that the law firm is in advanced talks for a merger with Clyde & Co, as she said the firm will be holding a partner [...]
UK solicitors watchdog says it will not tell law firms to drop Russian clients March 18, 2022 The UK solicitors’ watchdog has said it will not tell law firms to drop Russian clients. The Solicitors Regulation Authority (SRA) said its “general position is that firms can choose who they act for,” as it said the issue is “highly unlikely to be a regulatory matter.” “The current situation with the conflict in Ukraine [...]