Top Stories

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  Regional Firm PM Law Faces Fraud Probe After Collapse

  By Marialuisa Taddia

  PM Law has entered into voluntary liquidation with a shortfall in assets approaching £3.6 million ($4.8 million)...(read more)

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  Irwin Mitchell Sells Debt Recovery Business

  By Tom Fish

  Irwin Mitchell LLP said Wednesday that it has agreed to sell its debt recovery subsidiary to an arm of investor ...(read more)

• FCA Warrant Against Lawyer In Fraud Probe Found Unlawful

  By Christopher Crosby

  A London court has quashed a search warrant obtained by the Financial Conduct Authority against a barrister under criminal investigation for fraud and criticized the watchdog for making highly prejudicial allegations against him before a judge.

• Legora Expands North American Reach With Legal Tech Buy

  By Ashish Sareen

  Legora said Wednesday that it has acquired Canadian legal tech startup Walter, which the collaborative artificial technology platform for lawyers says will help it to expand in North America after it opened several offices in the U.S.

• Barrister's Libel Claim Against Neidle Dismissed As SLAPP

  By Joanne Faulkner

  A judge has struck out a barrister's £8 million ($11 million) libel claim against Dan Neidle, ruling on Wednesday that the case had no chance of succeeding and amounted to a strategic legal claim designed to silence the legal blogger. 

• Courts Bill Progresses To Showdown Over Jury Trials

  By Christopher Crosby

  Lawmakers voted Tuesday to go ahead with the government's courts bill amid warnings from rebellious MPs that controversial parts of the legislation that would curtail jury trials were "unworkable, unpopular, unjust and unnecessary."

• Legora Secures $550M To Boost US Expansion

  By Ashish Sareen

  Legora said Tuesday that it has raised $550 million as the company looks to press the accelerator on its expansion in the U.S., following recent office openings in Houston and Chicago.

• New Legal Recruiter Aims To Fill In-House Industry Gaps

  By Marialuisa Taddia

  A former general counsel and a legal search specialist started a new London-based recruiting business on Tuesday specializing in senior in‑house legal positions worldwide, saying the market lacks specialists to help general counsel find the right jobs.

• Lawyers March On Parliament To Fight For Jury Trials

  By Tom Fish

  Lawyers marched to Parliament on Tuesday to urge the prime minister to shelve plans to restrict jury trials in England and Wales, warning that it would undermine a fundamental safeguard of the justice system while doing little to reduce delays in courtrooms.

• Legal Tech Biz Avvoka Raises £14M For Further Growth

  By Ashish Sareen

  Legal technology company Avvoka has raised £14 million ($19 million) as it looks to expand its development of artificial intelligence-powered contract drafting 10 years after it was formed by two alumni of Linklaters LLP and Slaughter and May.

• Legal AI Adopters Say Strategy, Not Software, Drives Results

  By Marialuisa Taddia

  Early adopters of legal AI in law firms and in-house teams say success depends less on the tool than on things, including measurable savings and portability across models to avoid lock-in, as many teams still grapple with how to deploy the fast-growing technology.

• PM Law Clients Get £9M Back So Far After Firm Collapsed

  By Marialuisa Taddia

  The Solicitors Regulation Authority said Friday that it has already paid out £9 million ($12 million) to clients of PM Law Ltd. after the firm abruptly closed earlier in February.

• Kennedys Fined £18K Over Banking Facility Breach

  By Ashish Sareen

  Kennedys Law LLP has been fined £18,000 ($24,000) after the firm allowed its client account to be used as a banking facility, the Solicitors Regulation Authority said Friday.

• UK Law Sector's Private Equity Boom Offers Lessons For US

  By Ryan Boysen

  Private equity money is pouring into the U.K. legal sector, fueling a wave of consolidation in consumer-facing practices and offering a glimpse of what it could look like if outside investment in the U.S. legal industry takes off.