Once a beacon for stability, the legal sector has suffered in recent years against the backdrop of a global recession, and a series of high-profile failures have left creditors out of pocket, marking a dip in lender confidence. Yorkshire Bank, however, has suggested that confidence is now returning to UK legal lenders.
Regulators need to help push down cost of legal service
The chairman of the Legal Services Board (LSB), Sir Michael Pitt, has called on the regulators to reduce the cost of legal services to meet the needs of small businesses and people who are not eligible for legal aid.
Stalking convictions hit record high after introduction of new laws
Last year the number of prosecutions for stalking and harassment in England and Wales rose to 10,535 – up 20% on the previous year.
Labour promises tribunal fee reform – but no abolition
Shadow Business Secretary, Chuka Umunna, has said Labour will reform the employment tribunal system if elected at the next general election – but stopped short at saying the party would completely do away with fees.
Reforms challenge opens with attack on ‘bullying’ Grayling
A High Court hearing challenging the reforms to the legal aid service has opened with an attack on the Lord Chancellor, including accusations that he had been ‘personally involved’ in suppressing evidence against the cuts.