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.
A Lord Chancellor's Department-run agency which handles billions of pounds for mentally incapacitated people may be broken up following a damning report by independent investigators.
Senior civil servant, Ann Chant, who headed the quinquennial review, says the Public Trust Office has not come up to scratch in terms of efficiency and performance in client services since it became an executive agency in 1994.
The report demands that the PTO be stripped of its key functions, such as fund management, which should instead be carried out by the private financial services sector. Local solicitors, the report says, could carry out trust and receivership work.
In February, the PTO was savaged in a report from the National Audit Office for its poor accountancy policies and the "disappointing" performance of patients' investment portfolios.
The Lord Chancellor blames restrictive working practices and procedures for the PTO's failure to operate as expected, and agrees radical change is required.
He says he will publish a detailed response to the quinquennial review early next year.