Profits of the largest 100 law firms in the UK increased by 1% in 2009/10 to ?4.07bn according to the Legal Services 2011 report produced by TheCityUK.
Monthly Archives
February 2011
Law Society of Scotland seeks views on “regulated profession” definition
The Law Society of Scotland is calling upon its members to feed in their views on the Scottish Government’s consultation paper: ‘Ownership and control of firms providing legal services under the Legal Services (Scotland) Act’.
Bar Council warns that costs reduction must safeguard access to justice
Bar Council responds to Government?s proposals for the reform of the costs of civil litigation highlighting that significant threats to access to justice must be addressed and that one size cannot fit all in litigation.
Law Society launches legal aid campaign
Law Society launches new internet campaign to educate and engage the public in the defence of legal aid.
Bar Council Warns against DIY law
The Bar Council has today warned that legal aid cuts could cost more than they save and that an increase in ‘DIY Justice’ will gridlock the courts.
CLC first to apply to regulate ABS
Council for Licensed Conveyancers becomes first regulatory body to apply to the Legal Services Board to regulate alternative business structures.
Scottish traineeships on the increase
Law Society of Scotland states number of traineeships offered by Scottish law firms rose last year by more than 100 with a total of 539 first-year traineeships being registered in Scotland.
Supreme Court Issues Tweeting Guidance
Supreme Court publishes guidance on its practice relating to the use of ?live text based communications?, in the context of ongoing public and professional debate on the issue.
Law Society proposes ARP replacement
Law Society invites responses to proposal for an alternative structure to ARP so that legal practices unable to find PII cover in the open market would be given a minimum of three months and a maximum of six months to find alternative insurance, merge or cease practicing.
SRA Fraud Warning
SRA warns firms to be vigilent in checking the internet regularly to ensure that their details are not being misused by criminals who are engaging in fraudulent activity involving the “cloning” of identities of bona fide firms and solicitors to obtain money fraudulently.