When it comes to the small-claims court, all the focus seems to have been on personal injury.
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When it comes to the small-claims court, all the focus seems to have been on personal injury.
The numbers of family and commercial mediations are growing – but while an elite group of commercial mediators is earning six figures, newcomers in both fields are finding it hard to gain the experience to break into the market. CEDR’s fifth mediation audit, published this week, shows the top commercial mediator earned £700,000 last year in a market dominated by about 100 mediators – mostly lawyers – doing 85% of the non-scheme mediations and averaging about £300,000.
K&L Gates has posted record financial results for its London office as its global figures show a drop in average profits per equity partner (PEP) of 4.3 per cent.
The Lawyer – Practice Management
K&L Gates has posted record financial results for its London office as its global figures show a drop in average profits per equity partner (PEP) of 4.3 per cent.
The Lawyer – Practice Management
Economically speaking, the law is generally thought to be a counter-cyclical profession.
An increase in litigation is usually a side-effect of recession.
Often, this litigation is against professionals, an obvious example being the glut of cases during the 1990s against valuers and conveyancing solicitors arising from the crash in the property market.
Another effect of recession is that business ethics can become stretched or ignored.
Thus, the character whom 20th century judges rather quaintly called ‘the rogue’ appears more frequently in the law reports.
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