Major report reveals litigation cases on the rise, with average cost over £600K

Law firm Shoosmiths has just released its 2nd annual litigation report, based on the responses of 360 senior in-house lawyers and general counsel within major UK businesses with a turnover of £100m+ and including the tech, telecoms, automotive, real estate and financial services sectors. The average cost of a major dispute in the UK is …

FCA anti-greenwashing rule managing regulatory and litigation risk

On 23 April 2024 the FCA published its final guidance on the new anti-greenwashing rule (AGR), which is due to come into force on 31 May 2024.  This followed publication of draft guidance in November 2023, the consultation on which closed in January 2024.  As discussed in one of our previous articles, a number of …

SRA issues warning to firms over sham litigation

Kaur: Sought to instruct several law firms The Solicitors Regulation Authority (SRA) has urged law firms to protect themselves from sham litigation, which can be used to bypass anti-money laundering rules. In new guidance issued this week, the regulator highlighted a recent case where a serial fraudster tried to instruct multiple law firms in a …

Thinking Divorce? Here is a Checklist to Prepare

Thinking divorce? Knowledge is power. When you know what to expect before, during, and after divorce, you can better prepare for your future.  But divorce is an emotional and stressful experience. Equip yourself now with the information you need to make informed decisions – rather than emotional ones – to secure the financial and emotional …

How to split your finances in a divorce: 4 assets to consider

Divorce is a stressful time, and with the first Monday of January often seeing a spike in divorce enquiries, many couples are now turning their attention to the financial side of separation.  While no-fault divorce, introduced in 2022, allows couples to divorce without attributing blame, you’ll still need to sort your financial affairs. These can …

Children’s Wellbeing and Schools Bill progresses, but Children’s Commissioner highlights missing priorities – Family Law Week

On 8 January 2025 the Department for Education issued a Statement ahead of the subsequently successful further reading of the Children’s Wellbeing and Schools Bill. Within that Statement they note proposed key benefits, stating: “Major reforms to protect thousands of vulnerable children hidden from sight will take another crucial step forward today, as the Children’s …

How to be fair in divorce when it comes to money and keep costs down

‘No fault’ divorce has made splitting up simpler and speedier since it was introduced a few years ago. Couples can get divorced within six months of first applying and the process is largely online. However, financial settlements are still dealt with in a separate and parallel process, which can continue long after the divorce is …