The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
THE LAW Society council has rejected calls to reduce the practising certificate fee.
Members voted overwhelmingly against a proposal to amend budget plans that would have seen the fee fall by £5 to £425 a year.
The proposed cut would have seen Law Society revenue reduced by about £400,000.
Members decided to hold back £1.5m for the strategic priorities development fund rather than reduce the fee.
The council has also set aside £1.5m in a general contingency fund.
A further £1m has been held back in a contingency fund for the Office for the Supervision of Solicitors (OSS).
Council member Geoffrey Sandercock of Gwent law firm Granville-West, who voted for the £5 cut, says: "This is an opportunity - that we should not throw away - to make further reductions in the fee when £4m is provided in the budget for contingencies."
The council voted to maintain the fee at £430 and raise extra income that might be needed to, among other things, clear the OSS backlog.