associate news
Pricing strategy and costing advice from legal sector experts to help SME law firms increase profitability
A recent LexisNexis survey found 76% of small law firms are still wedded to the billable hour pricing model – something echoed in LPM’s Frontiers Report.
Miller’s thoughts on the SRA’s Protecting the public: our consumer protection review
Back in January, the SRA released its “Protecting the public: our consumer protection review”, which proposed fundamental changes to the account rules and circumstances for when law firms could hold client money.
The evolution of upfront information requirements in UK conveyancing: How tech solutions can help
The conveyancing landscape in the UK is undergoing significant changes with the introduction of new upfront information (UFI) requirements.
Landmark Information Group launches Common Ground campaign to bring together industry
To launch Common Ground, Landmark facilitated an industry discussion with leading professionals from all corners of the property industry to uncover and address the pressing challenges they’ve faced over the last two years.
New flexible working laws: What law firms need to know to be a fair workplace
Brian Rogers, regulatory director at Access Legal, a leading provider of software and solutions, explores what the act is and how it affects law firms.
Two thirds of UK tax professionals have embraced AI
The report reveals that more than 66% of UK tax professionals either use generative AI on a regular basis or intend to do so soon, noting that an AI solution grounded in unrivalled tax content from Tolley will transform the tax industry.
Search Acumen comments on HMRC’s property transaction data for May 2024
The seasonally adjusted estimate of the number of UK non-residential transactions in May 2024 is 10,130, 6% higher than May 2023 and 1% higher than April 2024.
Only 33% of law firms provide dedicated training to associates on key financial metrics, BigHand’s latest research reveals
BigHand is excited to announce its latest research on legal pricing and budgeting. The insightful analysis sheds light on trends in legal pricing strategies, matter budgeting practices, and training lawyers on commercial awareness.
Landmark and JBA Risk Management: A partnership delivering robust climate data to the property industry
JBA’s UK Flood Model shows 1 in 4 UK residential properties are currently at risk of flooding. The model suggests average annual losses are at £527m.
Technology for conveyancers: A new era for fraud prevention and AML checks
By Legal Futures Associate Lawtech Software Group In today’s digital age, technology is revolutionising various sectors, including the legal field. This transformation is particularly significant in the context of identity fraud and money laundering checks. For solicitors, these checks are not… Read More
Blog
Five key issues to consider when adopting an AI-based legal tech
As generative AI starts to play a bigger role in our working lives, there are some key issues that your law firm needs to consider when adopting an AI-based legal tech.
Bulk litigation – not always working in consumers interests
For consumers to get the benefit, bulk litigation needs to be done well, and we are increasingly concerned that there are significant problems in some areas of this market.
ABSs, cost and audits – fixing regulation after Axiom Ince
A feature of law firm collapses and frauds has sometimes been the over-concentration of power in outdated and overburdened systems of control.
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