UCL edges out Harvard in global law school rankings November 25, 2021 University College London (UCL) has trumped Harvard in this year’s rankings of the top law schools in the world. UCL came sixth in the 2022 Times Higher Education (THE) World University Rankings for law schools, just ahead of Harvard, the prestigious US university. It marks the second consecutive time the UCL law school, whose alumni [...]
LV= members face £43m bill in controversial Bain deal November 25, 2021 Members of mutual insurer Liverpool Victoria (LV=) will be slapped with a £43m bill to cover the costs of the controversial £530m takeover bid by a US private equity firm, according to reports. Despite calls last week from Business secretary Kwasi Kwarteng for transparency from the insurer about how much bankers, lawyers and lobbyists stand [...]
Regulator calls out ‘poor’ board succession planning at FTSE 350 companies November 25, 2021 The Financial Reporting Council (FRC) have called out listed companies for “poor reporting” on succession planning, board appointments and diversity, in a review of corporate governance reporting. The FRC said companies provided “minimal information” to show how diversity and inclusion policies and objectives link to their business strategy. The regulator said that while lots of companies [...]
Rising insurance costs could be ‘last straw’ for struggling small businesses November 24, 2021 Half of small and mid-sized UK businesses have seen increases in pandemic-related exclusions in their cover, according to broker Marsh, as insurers try to stop their £1bn bill from mounting further.
Junior Lawyers & the pay war: How much is enough? November 24, 2021 After years of studying for complex qualifications, junior lawyers might think they are entitled to expect some reward. And those ever-growing rewards have been the subject of much after-work pub chat in the City over the past year. In the race to secure the best young talent, City law firms have obliged in style. A [...]
Law Society slams proposal by solicitors’ regulator to throw out additional insurance cover November 24, 2021 The professional body has warned that scaling back insurance for law firms would make the marketplace “less safe” for consumers, after the Solicitors Regulation Authority (SRA) launched a consultation on the controversial proposals. The Law Society of England and Wales today said “consumers could be left high and dry if the regulator pushes ahead” with [...]
Browne Jacobson and KPMG top workplace social mobility index November 24, 2021 Law firms and consultancies are leading the way in driving social mobility in the workplace, according to the latest national Employer Index by the Social Mobility Foundation (SMF). Law firm Browne Jacobson LLP scored first place in the ranking of the top 75 organisations, followed by consulting giant KPMG and law firm Herbert Smith Freehills [...]
KPMG backs Bina Mehta as chair in term extension November 24, 2021 Partners at KPMG UK have voted to extend Bina Mehta's term as chair of the Big Four firm until 2024.
Mishcon de Reya faces £2.9m lawsuit over ‘tainted’ money family November 23, 2021 City law firm Mishcon de Reya is being sued for £2.9m over allegedly accepting “tainted” money from a former client as payment for legal fees, according to reports. The lawsuit, brought by the Tonstate Group, a property investment company, is the latest development in a family dispute involving property executive Edward Wojakovski, according to the Financial [...]
Afghan judges hunted by prisoners they convicted, says UK Law Society November 23, 2021 The UK Law Society have urged the government to help Afghan judges, lawyers and prosecutors escape Taliban rule, after receiving "scores of desperate messages".
