How class actions became a hot trend in the UK August 8, 2024 The class action boom has made the UK a major hub for legal action - but this surge is a rising concern for business on the impacts of these mammoth claims
Government set to push Litigation Funding Bill into summer 2025 August 8, 2024 The newly appointed government is set to push the Litigation Funding Bill until after a review is concluded, which could be at least Summer 2025
Legal group NAHL reduces debt as firm eyes up division sale August 8, 2024 NAHL, London listed business that focuses on the consumer legal services market has reported a dip in H1 revenue but decreased its net debts as the board eyes up potential division sale
DWF turnover increased by double-digits in first results since going private August 6, 2024 The first legal service firm to list on London Stock Exchange, DWF, has seen its net revenue increase by 14 per cent over the last year, 10 months on since it went private
Swiss authorities order Glencore to pay £119m over to resolve bribery probe August 5, 2024 Energy giants have been ordered by the Swiss authorities to pay a fine and compensation totalling around £119m, in regards to the bribery of a Congolese public official by its business partner in 2011
Wife of ‘McMafia banker’ agrees to forfeit golf club and Knightsbridge mansion August 5, 2024 The wife of convicted fraudster Jahangir Hajiyev has agreed to forfeit a mansion in Knightsbridge worth approximately £14m and a a golf club in Ascot, following a lengthy investigation by the National Crime Agency.
UK riots: Extra criminal lawyers deployed to tackle fallout of violence August 5, 2024 The head of the Crown Prosecution Service (CPS) has deployed extra criminal lawyers to deal with the fallout of the violence across the UK.
Class action avalanche: Report reveals litigations are eight times greater than UK population August 2, 2024 Class action litigation is dominating the UK as a new report shows claims filed by the end of 2023 encompassing over 540 million members.
Dentons: Dublin and Saudi drive revenue of world’s largest law firm to over £280m July 30, 2024 Dentons' UK, Ireland, and Middle East has reported single digit increase in revenue with the region generating £280.5m for the fiscal year ending 30 April 2024
FRC: Audit regulator’s review flags troubling performance by BDO and Mazars July 30, 2024 The Financial Reporting Council (FRC) has published its Annual Review of Audit Quality, highlighting troubling performance from audit firms BDO and Mazars