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In the Spring Budget 2023, on 15 March 2023, the Chancellor of the Exchequer, Jeremy Hunt, has announced changes to the capital investment figures for the Ministry of Justice (MoJ), and introduced a time limit in respect of civil claims where funds paid into the Court Funds Office remain unclaimed for 30 years or more.
Small and medium-sized law firms performed well during 2021-2022 despite challenging circumstances, according to the Law Society’s annual Financial Benchmarking Survey.
The Legal Sector Affinity Group (LSAG) has published a guidance on the risks of money laundering associated with funds coming from China. 
The proper funding of our justice system, so neglected by recent governments, is a vital issue for our society and it demands urgent action, says Geoffrey Bindman KC
Despite the current dip in professional services as a whole, the legal sector is predicted to buck the trend and grow by 6% this year.
Kellie Simpson shares her future trends for law firms and lawyers
“Threat intelligence is at the very core of our MDR service and is what allows us to focus in on the specific tactics, techniques and procedures that are being employed to target our clients’ sectors.” Q&A with David Allan, founder and Managing Director at CYSIAM
From economic turbulence to a likely upturn in M&A activity in the third quarter, what does 2023 have in store for lawyers and how can they navigate the ups and downs to their best advantage? 
In the face of economic headwinds, how best can law firms chart a course for 2023? Seamus Hoar & Nick Carrad explain the benefits of looking back to plan ahead
The Law Society is urging the government to push for greater access for UK lawyers to the South Korean legal market when it reviews the UK-South Korea free trade agreement (FTA) this year.
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MOVERS & SHAKERS

Freeths—Rachel Crosier

Freeths—Rachel Crosier

Projects and rail practices strengthened by director hire in London

DWF—Stephen Hickling

DWF—Stephen Hickling

Real estate team in Birmingham welcomes back returning partner

Ward Hadaway—44 appointments

Ward Hadaway—44 appointments

Firm invests in national growth with 44 appointments across five offices

NEWS
The Police and Criminal Evidence Act 1984 transformed criminal justice. Writing in NLJ this week, Ed Cape of UWE and Matthew Hardcastle and Sandra Paul of Kingsley Napley trace its ‘seismic impact’
Operational resilience is no longer optional. Writing in NLJ this week, Emma Radmore and Michael Lewis of Womble Bond Dickinson explain how UK regulators expect firms to identify ‘important business services’ that could cause ‘intolerable levels of harm’ if disrupted
Criminal juries may be convicting—or acquitting—on a misunderstanding. Writing in NLJ this week Paul McKeown, Adrian Keane and Sally Stares of The City Law School and LSE report troubling survey findings on the meaning of ‘sure’
The Serious Fraud Office (SFO) has narrowly preserved a key weapon in its anti-corruption arsenal. In this week's NLJ, Jonathan Fisher KC of Red Lion Chambers examines Guralp Systems Ltd v SFO, in which the High Court ruled that a deferred prosecution agreement (DPA) remained in force despite the company’s failure to disgorge £2m by the stated deadline
As the drip-feed of Epstein disclosures fuels ‘collateral damage’, the rush to cry misconduct in public office may be premature. Writing in NLJ this week, David Locke of Hill Dickinson warns that the offence is no catch-all for political embarrassment. It demands a ‘grave departure’ from proper standards, an ‘abuse of the public’s trust’ and conduct ‘sufficiently serious to warrant criminal punishment’
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