March 2024 / 17 posts found
Motor trade legal advice service launches CIC to handle litigation
Bowkis: CIC is a brilliant solution An unregulated legal advice service for the motor trade has created a community interest company (CIC) so that it can provide litigation services as well. Nona Bowkis, head of legal services at Lawgistics, described setting up a CIC rather than an alternative business structure or charity for members as a “brilliant solution”. Clients of Lawgistics Litigation for the Motor Trade CIC must be members of Lawgistics, a trade association which provides subscribers with monthly legal updates, a legal helpline and casework service at a cost of up to £153.75 per month. Unlike law firms, […]
The Ripple Effect of Divorce
As a divorce coach, I have the opportunity to walk with my clients through their divorce process. While all divorces start and end at the same points, the route between the decision to end the marriage and the finalization of the divorce is unique to each couple. Ever heard of the ripple effect? The ripple effect is something that can happen to those getting divorced, especially in cases that initially looked like an amicable and “easy,” which then turned into a complex, highly emotional, and contested battle that drags on for months or years. Divorce is a Life Changing Event […]
Warren Buffett Is Getting Dragged Into the Real-Estate Commissions Litigation
The lawyers who won a historic verdict against the National Association of Realtors and brokerage firms are turning to a new target as part of their antitrust litigation: Warren Buffett. On Monday they named a large subsidiary of Buffett’s Berkshire Hathaway as a defendant in one of their lawsuits. In October, plaintiffs won a $1.8 billion verdict after alleging that NAR and two brokerages used a commission structure that kept fees for Missouri agents artificially high. A judge could triple that amount to more than $5 billion. One of those brokerages was HomeServices of America, which is owned by Berkshire Hathaway […]
AI Helps Litigation Funders Mine Court Dockets for Legal Gold
Companies that seek profits by funding lawsuits are using generative AI to help find cases to invest in, even as skepticism lingers about the tool’s usefulness. Legalist Inc. built an algorithm called “the truffle sniffer” to search for lawsuits by focusing on variables such as the court, judge and case type. The tool was essential for the alternative asset manager’s growth, with $901 million now under management after its 2016 founding. “The AI is a really crucial part of sourcing,” said Eva Shang, Legalist’s chief executive officer. She co-founded the company with the help of a $100,000 grant from billionaire […]
Assisted dying law may soon diverge across British Isles, MPs warn
Laws to allow assisted dying may pass in Scotland, Jersey and the Isle of Man in the next few years, leading to a divergence between different parts of the UK and British Isles, MPs have warned. The government must consider the repercussions of this, a parliamentary inquiry into assisted dying has said. Jersey, the Isle of Man and Scotland are all considering the legalisation of assisted dying, although in each case only permanent residents would be eligible. “It looks increasingly likely that at least one jurisdiction among the UK and crown dependencies will allow [assisted dying] in the near future […]