A number of law firms, particularly smaller ones, often retain funds to cover costs and bolster profits, adding significant revenues to some practices in recent years amid high interest rates. The ...

First, the government tried to go after the LLPs, but that failed. Now its eyes are on law firms’ client accounts under the narrative that it will be used to help the crumbling justice system, but ...

Up to three-quarters of the interest earned on client accounts would be remitted to the government to help fund a ‘sustainable justice system’ under plans unveiled by the government today. Opening a ...

Controversial proposals unveiled by the Ministry of Justice to seize the interest on client accounts could send hundreds of law firms to the wall. That was the warning delivered yesterday by one legal ...