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NLJ this week: Shrouded in mystery: the accounts of the Inns of Court

13 October 2023
Issue: 8044 / Categories: Legal News , Profession
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Barristers have a legal right to see the accounts of their Inns of Court, Professor Michael Zander asserts in this week’s NLJ. He believes this is the legal situation, and would like to hear from anyone at the Bar or the Inns who may know about an 1871 pleadings, Roffey v Wigg, which never came to judgment, as this will help solve the mystery

The current position is that Inns do not publish their accounts and barristers do not have access to their Inns’ accounts unless they are members of the Inn’s Bench Finance Committee.

Digging through some historical documents, however, Prof Zander, NLJ columnist and Emeritus Professor, LSE, has uncovered some interesting information suggesting every member of an Inn is a beneficiary of the trust and therefore entitled to view the accounts.

MOVERS & SHAKERS

Freeths—Ruth Clare

Freeths—Ruth Clare

National real estate team bolstered by partner hire in Manchester

Farrer & Co—Claire Gordon

Farrer & Co—Claire Gordon

Partner appointed head of family team

mfg Solicitors—Neil Harrison

mfg Solicitors—Neil Harrison

Firm strengthens agriculture and rural affairs team with partner return

NEWS
Conveyancing lawyers have enjoyed a rapid win after campaigning against UK Finance’s decision to charge for access to the Mortgage Lenders’ Handbook
The Crown Prosecution Service (CPS) has launched a recruitment drive for talented early career and more senior barristers and solicitors
Regulators differed in the clarity and consistency of their post-Mazur advice and guidance, according to an interim report by the Legal Services Board (LSB)
The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness
A Competition Appeal Tribunal (CAT) ruling has reopened debate on the availability of ‘user damages’ in competition claims. Writing in NLJ this week, Edward Nyman of Hausfeld explains how the CAT allowed Dr Liza Lovdahl Gormsen’s alternative damages case against Meta to proceed, rejecting arguments that such damages are barred in competition law
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