Family businesses trying to avoid capital gains are exposed if divorce occurs, lawyers warn February 27, 2025 Lawyers warned family businesses, including farms, who are rushing plans to avoid capital gains tax could be exposed to future risks should there be a divorce in the family
UK legal sector ‘open for business’, with new Arbitration Act, minister says February 24, 2025 The UK is “open for business” as the new Arbitration Act received royal assent, the courts and legal services minister has said. The new law, which is aiming to boost the UK ranking in modern dispute resolution and attract international business, passed the final legislative hurdle today [Monday]. It aims to make arbitration fairer and [...]
People love suing solicitors – no wonder PI insurance is so expensive February 12, 2025 Solicitors have been named on the majority of professional indemnity claims. While insurance is legally needed, they don't come cheap
‘Imagine if a bank announced this’: Lawyers hit back against FCA email deleting plan February 11, 2025 The City watchdog intentions to delete its emails after 12 months "is very much at odds with what it expects the industry to do", warns lawyers
Freshfields: Revenue passes £2bn at Magic Circle law firm but profit cut February 3, 2025 Profit at Magic Circle law firm Freshfields was cut during its latest financial year despite its revenue passing £2bn for the first time. Freshfields has reported a pre-tax profit of £668.9m for the 12 months to 30 April, 2024, according to newly-filed accounts with Companies House. Profit before partners’ annuities increased from £497.8m to £675m. [...]
Can your employer force you back to the office? January 15, 2025 Headlines have been blowing up this week with several big businesses forcing its workforce back into the office. A topic that often results in a heated debate
Lawyer hourly fees at US firms boom January 10, 2025 The hourly fees charged by lawyers in the US have jumped nearly seven per cent in the last year, the fastest rate since the global financial crisis
Government Legal Department discriminated against top lawyer, Tribunal rules January 7, 2025 A senior lawyer for the Government Legal Department claims of unlawful deductions of wages and indirect sex discrimination were upheld by the Tribunal
Independent Football Regulator hires head of legal from CMA January 6, 2025 The incoming football regulator has appointed a head of legal as it steps up plans to begin its work in earnest in 2025. David Riley this week left his role as legal director of the Competition and Markets Authority to take up a role with the football body, where he will head up the legal [...]
Post Office scandal: Lawyers paid millions as MPs call for transparency on legal costs January 2, 2025 Lawyers from City firms were making millions whilst the majority of the money set aside for redress scheme has not to be paid out to the Post Office victims