Archive for July, 2016

Consumers could suffer if legal ombudsman remit is widened

The Law Society has warned that a proposal by the Legal Ombudsman to cover complaints about unregulated legal providers could be detrimental to consumers.   In its response to a Legal Ombudsman (LeO) consultation on proposals to widen its remit to cover complaints about unregulated legal service providers and other professionals the Law Society warned that, by extending its remit LeO will cause consumer con...

30 Sep 3:43 PM 0 Read More...

Regulators continue to probe and punish UK businesses for financial misconduct

The study revealed that 76% of all investigations and 93% of the fines identified in the past six months were directed at financial services firms and personnel, resulting in over £154m in fines to the sector. It suggests that regulators’ focus on the behaviours of financial institutions is not waning, following an end to 2012 where 94% of investigations and 99% of the value of fines were focused on the f...

30 Sep 3:34 PM 0 Read More...

Law firms need to become more commercial to survive in new legal age

Law firms need to stop being “frightened” of the commercial world if they are to survive in the rapidly changing legal landscape. While a number of firms have seized opportunities made possible by the shake-up of the legal services market, many more are continuing to bury their heads in the sand. This is the view of Fareeda Jaleel (pictured), the founder of legal business marketing specialist FRJ Business...

30 Sep 2:01 PM 0 Read More...

“Legal Aid cuts will mean less human rights and may cost more”, say Bar Council

The Bar Council, which represents barristers in England and Wales, has today warned that the Government’s legal aid proposals will reduce human rights and may end up costing more than they intend to save. In a written submission to the Joint Committee on Human Rights (JCHR) call for evidence on the human rights implications of the proposals in the ‘Transforming Legal Aid’ Consultation Paper, the Bar...

30 Sep 9:25 AM 0 Read More...

McGuireWoods Adds Debt Finance Partner in London

McGuireWoods London LLP today announced the addition of Dr. Asheesh (Ash) Kumar Das, who has joined the firm as a partner in the firm’s Debt Finance Department in London. Das brings 20 years of experience representing clients in the transportation, utilities and energy industries in connection with project financing, moveable assets, general banking and trade finance matters.   Previously a partner in the ...

26 Sep 3:10 PM 0 Read More...