The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
FTSE100 insurer Admiral is considering a move into the legal sector following the ban on personal injury referral fees by the Ministry of Justice (MoJ) earlier this year.
The Cardiff-based insurer’s shares dropped by more than 4 per cent as investors recoiled following the MoJ’s outright ban (9 September 2011), which is expected to come into force next year. Currently, around 5.6 per cent of Admiral’s profits derive from referral fees.
It is understood that the insurer is looking at establishing an umbrella personal injury firm or becoming a majority investor in one.
The Solicitors Regulation Authority (SRA) will begin to accept applications for ABSs in January (1 December 2011).
A spokesperson for Admiral declined to comment on the plans.