Weekly law news update for graduates
10–17 May: City Law for Ethnic Minorities event, RBS claims, Lawyers lending a hand and burning a hole in your pocket.
What you MUST know:
The City Law for Ethnic Minorities event is back for its 14th year on 9 June 2017. This could be your opportunity to meet trainees, associates, recruiters and partners at major law firms and to find out exactly what it is they’re looking for in the next generation of trainees. You’ll also have the opportunity to take part in various challenges and exercises designed to test for and develop the skills you need for a career in law. Applications can be made via TARGETjobs Events’ website here. Law students will need to be in their first year, while non-law students may apply from second to final year of their undergraduate degree. A certain amount of your travel expenses may be covered.
Click the story headline to learn more about the event and the application requirements.
What you SHOULD know:
The judge has allowed a further adjournment in the weighty legal case faced by Royal Bank of Scotland (RBS) over allegations that the bank misled investors into buying shares prior to the £12bn ‘cash call’ fundraising effort in 2008. Around 9,000 investors and other institutions have brought claims against RBS and former chief executive Fred Goodwin. Justice Hilyard has now allowed an adjournment until 7 June, with a deadline of 1 June to be told of any agreement to an offered RBS settlement.
RBS has offered around £200m in settlement to the investors, many of whom are ‘minded to agree to the settlement’, according to Jonathan Nash QC, acting for the claimants, but some of the private investors wished to reject the offer. If the case goes to trial, Goodwin will be forced to give evidence.
Click the story headline to read the original statement from The Guardian.
Manchester solicitors and barristers are offering free legal advice to victims of the Manchester terror attack that took place on the night of Monday 22 May. Around 93 firms have signed up to a pro bono advice rota organised by the Manchester Law Society.
The Manchester Law Society has stated they are looking for lawyers willing to offer pro bono advice and free representation to bereaved families to assist with criminal injuries claims and requests. They are prioritising aid with the Criminal Injuries Compensation Scheme to ensure that victims and victim’s families receive complete compensation.
Click the story headline to read more from The Manchester Evening News.
A millionaire who was given £1.6m by his father as part of a £100m lottery win has had his claim to receive more money thrown out. Michael Dawes had been given the fortune by his father and stepmother shortly after their win, but spent nearly all of the money within a month. He then decided to pursue legal action.
Dawes left his job, spent £550,000 on a house and gave a quarter of a million to friends and his partner’s family. He claimed that his father and stepmother had promised that he and his partner would never want for money again, and thus he was entitled to more. The judge dismissed the case on the grounds that there was no basis for a rational human being to believe that they could expect more.
Click the links to read the full stories from The Guardian.
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