Our News section offers key stories from the legal world, with a particular emphasis on training issues. We trawl the legal and mainstream press, and solicit press releases, so we can produce pithy news stories for your reading pleasure. And don’t forget to comment by signing into MyLCN.

Clifford Chance report criticises Labour’s ‘Robin Hood tax’ policy

Magic circle firm Clifford Chance has attacked proposals by the Labour Party to create a broad financial transaction tax (FTT) by extending stamp duty – a policy also known as the ‘Robin Hood tax’. 

Mid-sized law firms experienced strong growth in 2016, but crime solicitors are struggling

The Law Society’s financial benchmarking survey for 2016 recorded income rises and strong profit margins for mid-sized UK law firms, in what is encouraging news for the sector.


Commercial news round-up: Sports Direct, Premier Foods, HS2, inflation, pensions

This week’s selection of headline-grabbing business news runs the spectrum from large-scale infrastructure projects to tumbling profits at household brand names and on to pension rule changes. For more detail, read on.


Firms reveal how many of their qualifying trainees have secured NQ roles this autumn

A host of firms have revealed their autumn trainee retention figures – meaning the number of trainees who secure permanent positions at the firm once they qualify as solicitors. 


Emergency funding for Grenfell Tower fire victims will not stop residents accessing legal aid, government confirms

Victims of the Grenfell Tower fire who receive money from the government’s emergency discretionary fund and/or other charitable sources will still also be able to access legal aid, the government has confirmed following pressure from the Law Society. 


Leading lights to discuss key issues facing profession at 32nd Bar and Young Bar Conference

The 32nd annual Bar and Young Bar Conference is to take place this year on Saturday 4 November, where attendees will hear from leading experts, including the shadow Brexit secretary Keir Starmer on topical issues ranging from Brexit to how to guard client confidentiality against cyber-attacks.  


Commercial news round-up: gig workers, Lloyds, Southern Rail, electric cars, Brexit

You may well be in the midst of a training contract application frenzy, but don’t panic; one of the best things you can do to help your chances (other than NOT submitting your applications at 11.45pm on 31 July) is hone your commercial awareness skills. Here are a few news stories that you should probably know a bit about.


Government lawyers stretched by Brexit

The Government Legal Department (GLD) has warned that its lawyers face serious capacity challenges as they work on Brexit, which will be additional to the full range of legal services that they already provide in all areas of government.

Law Society marches with Pride, 50 years on from legalisation of homosexuality

The Law Society lead legal sector representatives in Saturday’s Pride parade in London. Marching under the banner “All are equal under the law”, those who took part were keen to spread the message of the legal profession’s support for lesbian, gay, bisexual and transgender (LGBT) diversity.


Complete rethink on legal aid needed, say Neuberger and the chair of the Bar

The president of the Supreme Court and the chair of the Bar have both warned that cuts to legal aid must be reversed to some extent if the justice system is to function properly and the public are to be able to access their legal rights.