As part of yet another review of how it manages the profession, the Solicitors Regulation Authority (SRA) is mulling a 'fundamental shift away from prescriptive rules' with a proposal to allow practising solicitors to give advice from unregulated firms.
Those of you who follow my work closely (*hello mum and dad*) will observe that I am a cautious proponent of innovation but - because the day job demands it and because it is interesting - I also spend some time talking and writing about the ethics of innovation.
Herbert Smith Freehills (HSF) is advising ICBC Standard Bank on its deferred prosecution agreement (DPA) with the UK Serious Fraud Office (SFO) – the first deal to be struck since DPAs came into force in February 2014.
Herbert Smith Freehills (HSF) and its client the Royal Bank of Scotland have been criticised for their role in a 'less than compelling' and 'unfocused' disclosure process in the long running £4bn shareholder dispute against the bank.
Australian-listed Slater and Gordon (S&G), which makes 80% of its UK revenue from personal injury claims, lost half its stock market value yesterday (25 November) after the UK government announced plans to limit the number of personal injury claims.
Many of us watched the Chancellor's Spending Review speech because of controversial proposals such as cuts in tax credits for the low paid. He gave us a pleasing U-turn on that. Then he surprised us all with an attack on lawyers and victims of accidents. Don't ask me what this had to do with a review of public spending.