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By Marialuisa Taddia
Litigation Capital Management has become the latest funder to stop backing new cases, but its retreat might reflect a shift in how investors finance legal claims rather than waning interest in the sector.
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Hogan Lovells Cadwalader said Friday that it has established a board to oversee the firm's use of artificial int...(read more)
Lawfront said Friday that turnover surged to £128.8 million ($172 million) in its latest financial year, althoug...(read more)
By Ashish Sareen
The Ministry of Justice acknowledged on Thursday that a cyberattack on the Legal Aid Agency was "concerning" for those affected, after the government body revealed that hackers could have stolen decades-worth of sensitive personal data from its IT systems.
By Christopher Crosby
Axiom Ince's former chief financial officer denied on Thursday a new charge brought by the Serious Fraud Office as it investigates the shuttered law firm, which collapsed with a hole of more than £60 million ($80 million) in its client accounts.
Centrefield LLP said Thursday that it has entered into a "strategic investment partnership" with a U.K. private equity firm to accelerate investment in technology and fund expansion on both sides of the Atlantic.
U.K. lawyers may be using artificial intelligence tools without clear arrangements to ensure responsible use, exposing organizations to risks including data misuse and reputational damage, according to an industry report published Wednesday.
Stephenson Harwood LLP said Wednesday it has appointed its global head of banking and finance as its next chief executive, as the firm explores a possible merger with Taylor Wessing LLP.
Britain's regional cities are becoming growth hubs for law firms' real estate teams rather than merely lower-cost delivery centers as they compete for scarce senior talent to capture a revived pipeline of construction, development and property-finance work.
Schillings said Wednesday that it has joined forces with U.S. law firm Clare Locke to launch a strategic intelligence business for high-profile clients, marking the latest step in the London firm's international expansion.
The Solicitors Regulation Authority said Wednesday that it has appointed the chair of the body that oversees regulation of healthcare professionals to lead its board as it seeks to restore confidence in its work among lawyers and consumers.
HSF Kramer has hired a seven-person legal team from K&L Gates to launch a real estate practice at its office in Milan, as it continues to build a full-service operation at the Italian base.
A group representing small and midsized law firms will not be allowed to propose a vote of no confidence in the Solicitors Regulation Authority board as it seeks to increase pressure over regulatory failures by the watchdog and a perceived lack of accountability.
PGMBM plans to rebrand itself again as it seeks to "completely" distance itself from the Pogust Goodhead name after both its founders threatened legal action if the firm continued using their names, its chief executive said Monday.
By Jamie Lennox
Justice Colin Birss has warned judges in England and Wales that they must not allow artificial intelligence to replace their own decision-making.