As COVID-19 continues to affect businesses around the world, law firms are beginning to ramp up cost-cutting measures with the announcement of redundancies.
In a recent consultation, two-thirds of solicitors did not consider their Practising Certificate fees to be good value for money.
DLA Piper is the newest player in the litigation funding game, teaming up with Litigation Capital Management and Aldersgate Funding Limited to establish a £150m pot for litigants to pursue dispute resolution.
Can't get away from those pesky commercial awareness questions? We've got you covered the most common ones out there!
So we all know that we have to demonstrate commercial awareness. But have you ever thought why it's even important?
Commercial awareness... What does it actually mean? Well, we are here to tell you!
Revenue generated by the UK’s legal sector in May 2020 fell by 12% compared to the same month last year, marking the lowest-earning month in four years. According to figures released by the Office of National Statistics, industry revenue fell almost 30% between April and May 2020, with April’s turn over relatively unscathed by the impact of COVID-19.
Augusta Ventures (Augusta), the UK’s largest litigation and dispute funding institution by case volume, has teamed up with Holman Fenwick Willan (HFW), a sector-focused law firm, and KPMG to provide a global “one-stop-shop” for companies needing funding for dispute resolution.
Dentons, the world’s largest law firm by number of lawyers and 6th largest in terms of revenue, has announced it will be closing two of its UK offices in favour of remote working.
Aside from its obvious health ramifications, the COVID-19 pandemic has serious privacy implications for individuals. Hogan Lovells has published an advisory paper noting that both privacy and cybersecurity are part of the solution to this crisis.