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19 March 2009
Issue: 7361 / Categories: Legal News , Profession
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Professional services report

News in brief

Regulatory burdens should be lifted, and the government should continue to strive to open legal markets overseas, the Professional Services Global Competitiveness Group has said this week in its first report to Chancellor Alistair Darling. It called on the Solicitors Regulation Authority to lift restrictions on lawyers from India, China and some other jurisdictions requalifying in England and Wales to ensure there is enough talent to fill UK legal jobs.
 

Issue: 7361 / 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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