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Pulse UK
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December 20, 2024
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen the University of Southampton sue a drone-maker over the rights to an uncrewed aircraft patent, Importers Service Corp. and its subsidiary ISC Europe take action against a former director who allegedly owes the company over £1.1 million ($1.4 million), and DAC Beachcroft face a fraud claim by a "prolific litigant."
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December 20, 2024
SRA Report Reveals Sharp Increase In Comp Fund Payouts
The Solicitors Regulation Authority paid out £41 million ($52 million) from its compensation fund for the period November 2022 to October 2023 — more than two and a half times the average of the previous six years, according to reports published by the watchdog on Friday.
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December 20, 2024
Barrister Loses Appeal Over 6-Month Suspension
A London judge rejected a bid Friday by a barrister to overturn his six-month suspension for failing to comply with a court order to pay £64,000 ($80,593), ruling that the sanction was "neither wrong nor clearly inappropriate."
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December 20, 2024
Law Firm Awarded £4.2M For Co.'s Mishandled PPI Claims
A London court awarded a specialist litigation law firm almost £4.2 million ($5.3 million) on Friday for the costs of a professional services company's botched handling of payment protection insurance claims.
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December 20, 2024
Pinsent Masons Hires Brabners' Head Of Pensions
Pinsent Masons LLP has recruited the head of Brabners' pensions team to join its growing pensions practice in Manchester, as the firm looks to respond to the continued consolidation of the pensions market.
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December 20, 2024
5 Questions For 4 Brick Court's Bibi Badejo
Bibi Badejo, a family law barrister at 4 Brick Court Chambers in London, told Law360 that her journey into becoming an advocacy coach began when she found during the first few years of her legal career that she was not performing as well as she wanted to in court.
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December 20, 2024
Kramer Levin's Paris Office Moves To Morgan Lewis
Morgan Lewis & Bockius LLP is set to take on the entire Paris team from Kramer Levin at the start of the new year as it looks for a new home and prepares for its pending merger with HSF.
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December 20, 2024
Osborne Clarke Pro Fined £50K Over Zahawi Libel Letter
A tribunal fined an Osborne Clarke LLP partner who represented Nadhim Zahawi £50,000 ($62,700) on Friday for trying to stop a blogger revealing that the former chancellor was contemplating libel action over allegations of dishonesty in his tax affairs.
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December 20, 2024
Ex-Axiom Ince Execs Hit With Fraud Charges Over Collapse
The Serious Fraud Office charged five former Axiom Ince leaders with fraud on Friday over the collapse of the law firm with a £65 million ($81 million) hole in its client accounts.
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December 19, 2024
Gateley Denies Blocking Ex-CEO From Meat Biz Acquisition
Gateley PLC has denied deliberately concealing the fact that its client, a former chief executive officer for a meat supplier, would be excluded from reacquiring his company, and said the ex-CEO knew he'd have no stake in the purchase.
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December 19, 2024
Denmark Says $500M Recovered In Dividend Tax Fraud Suits
Denmark's tax administration has recovered a total of 3.6 billion Danish kroner ($500 million) in money lost to suspected dividend tax refund fraud after entering settlements of civil cases in several countries in 2024, Denmark's tax minister announced.
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December 19, 2024
EU Court Upholds Ban On Financial Investors In Law Firms
Europe's high court said in a landmark decision Thursday that member states can prohibit "purely financial investors" from holding stakes in law firms without violating the bloc's free market laws.
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December 19, 2024
AI Ethics Expert, 2 Others To Join Bar Standards Board
The Bar Standards Board said Thursday that it has appointed three new members, including an expert in the ethical adoption of artificial intelligence.
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December 19, 2024
The Legal Sector In 2024 — Mergers, Huge Salaries, SRA Woes
The legal sector can look back at 2024 as one of its busiest ever, one transatlantic merger completed, salaries for newly qualified lawyers hitting record highs, and the first enforcement action against the solicitors' watchdog over the Axiom Ince debacle.
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December 19, 2024
Law Firms Tap Business-Savvy Leaders Amid 2024 Shakeups
The legal industry has seen ongoing leadership changes in 2024, with law firms increasingly turning to business-savvy leaders to oversee operations and better compete in a challenging market.
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December 19, 2024
Osborne Clarke Pro's Email To Zahawi Critic Was 'Negotiation'
A partner with Osborne Clarke LLP who represented Nadhim Zahawi "believed he was acting properly" when he sent an allegedly threatening email to a blogger scrutinizing the former Conservative chancellor's tax affairs, his counsel told a tribunal on Thursday.
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December 18, 2024
Regulator Warns Firms Against Unsolicited Client Approaches
The Solicitors Regulation Authority on Thursday warned law firms handling high-volume claims against cold calling, door knocking and directly targeted online messaging in the wake of the collapse of SSB Group Ltd., a specialist dispute resolution firm.
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December 18, 2024
Ex-Axiom Ince Employee Banned For Falsifying Bank Docs
The Solicitors Regulation Authority said Wednesday it has banned a former Axiom Ince Ltd. employee from the profession for "systematically falsifying banking documents" at the firm, which faced a nearly £65 million ($82 million) client account deficit.
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December 18, 2024
DWF Dublin Adds Insurance Pro From DAC Beachcroft
DWF LLP has hired an insurance specialist to head the firm's practice in Dublin and become managing partner of the firm's Irish offering, as it moves to strengthen its presence in the area with "a light hand on the rudder."
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December 18, 2024
Attwells' Defense Sticks In £1.2M Loan Dispute
Attwells Solicitors LLP's defense to an almost £1.2 million ($1.5 million) claim that it failed to adhere to a loan agreement will go to trial after a London court found it was too early to decide that there is "no real prospect" of fighting the allegation.
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December 18, 2024
Herbert Smith Freehills Brings Back Senior Regulation Pro
Herbert Smith Freehills LLP has rehired a heavyweight former partner as a consultant to its global financial services regulatory team in London, as the firm looks to draw upon his longstanding economic expertise and experience representing both sides in the sector.
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December 18, 2024
Simpson Thacher Hires 2 Leveraged Finance Pros From Sidley
Simpson Thacher & Bartlett LLP said on Wednesday that it has hired two leveraged finance lawyers from Sidley Austin LLP as competition for talent in London looks set to continue into 2025.
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December 18, 2024
PE-Backed Legal Group Trebles Revenue To £47M In Last Year
A private equity-backed legal services business has said that its revenue trebled to £47 million ($60 million) in the last financial year after it made a string of law firm acquisitions.
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December 18, 2024
Kennedys Elects Financial Lines Pro As New Senior Partner
Kennedys named on Wednesday a financial lines expert as its new senior partner to replace Nick Thomas, who is stepping down from the role after 27 years.
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December 18, 2024
Lawyer Success Fees Can't Form Part Of Inheritance Claims
Success fees paid to lawyers in a "no win, no fee" agreement cannot be recovered as part of an award for maintenance in a claim against the estate of a dead person, Britain's highest court ruled on Wednesday.