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23 October 2008
Issue: 7342 / Categories: Legal News , Profession
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Justice cutbacks

Profession

The Law Society is calling on Jack Straw, the justice secretary, to clarify reports about proposed Ministry of Justice cutbacks.

According to press reports last week, leaked Ministry of Justice documents revealed plans to knock £900m from its budget in the next two years. The Times reported nearly 10,000 jobs would be lost in the prison, probation and court services—one third through redundancies. Up to 100 courts could be closed. Last November, the Treasury was reported to be planning to cut £1bn from the criminal justice budget by streamlining courts and shedding prison service jobs.

Issue: 7342 / Categories: Legal News , Profession
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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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