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Cash is king

29 July 2016 / Dominic Regan
Issue: 7709 / Categories: Features
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It’s all about the Benjamins in court, says Dominic Regan

“It’s not the principle, it’s the money,” said the late singer Dorothy Squires. She was in a dispute over royalties with her publisher. It transpired that she wasn’t due a penny. Sadly, a woman who once owned a mansion with her then husband Roger Moore, spent her last days in a flat next to a fish and chip shop in South Wales.

Performers have constantly been taken advantage of by unscrupulous managers, concert organisers and others who scent money. Even to this day Aretha Franklin will only appear in concert if her fee in cash is given to her on arrival. No pay, no play.

The overwhelming majority of legal disputes revolve around financial issues. Contentious probate and big matrimonial disputes are where private client work is boiling at the moment and this is not going to change. London is both a property and a divorce hotspot.

Money misery

Many will recall the Scot Young divorce litigation where his ex-wife, convinced that her former spouse had

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MOVERS & SHAKERS

Gibson Dunn—London partner promotions

Gibson Dunn—London partner promotions

Firm grows international bench with expanded UK partner class

Shakespeare Martineau—six appointments

Shakespeare Martineau—six appointments

Firm makes major statement in the capital with strategic growth at The Shard

Myers & Co—Jess Latham

Myers & Co—Jess Latham

Residential conveyancing team expands with solicitor hire

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
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