Latest news
Client account interest helps small firms deal with margin pressure
Pressure on margins has become more acute for many SME law firms over the past year but optimism about the future remains high, according to new research.
Solicitor left abandoned law firm in “chaotic state”
A solicitor who “abandoned” his law firm, leaving his office “in a chaotic state” with piles of letters thrown away as a fire hazard by neighbouring tenant, has been struck off.
Law firm not negligent in advice to settle £2m claims
A law firm was not negligent in advice to settle £2m of claims brought by a businessman’s trustee in bankruptcy against his wife and daughter, the High Court has ruled.
Law firm acquired by private equity aims to double in size in a year
The latest law firm to be bought by private equity has ambitions to more than double in size in just a year, its chief executive has revealed.
Law firms tell SRA: we want to keep client account
A poll of law firms has found almost complete opposition to the Solicitors Regulation Authority’s idea of preventing them from holding client money.
Fine for conveyancer who acted for lenders and himself
A solicitor who acted for lenders in conveyancing transactions without telling them he was also acting for himself and family members has been fined £12,500.
Tribunal fines law firm for persistent transparency rule breaches
The Solicitors Disciplinary Tribunal has fined a law firm over £20,000 for failing to comply with the SRA’s transparency rules and requirements to have a COLP and COFA.
City firm unfairly dismissed associate over party misconduct claims
A leading City law firm unfairly dismissed a senior associate for sexual misconduct after a defective investigation and disciplinary process, an employment tribunal has ruled.
Law firm launches consultancy to help investors enter legal market
City law firm Kingsley Napley has launched a strategic regulatory advice service for private equity firms and other investors eyeing up the UK and international legal market.
Small law firms embracing AI as they move away from hourly billing
Small law firms have embraced artificial intelligence, with document drafting or automation the most popular application, according to new research.
Blog
TikTok or TikNot: Is social media working for you?
The average law firm spends around a quarter of its marketing budget on social media but sees little in return, our research found.
Tomorrow’s legal landscape: helping firms prepare for change
Law firms must constantly question the status quo and be willing to adapt. Take nothing for granted. Never say ‘we’ve always done it this way’; never say ‘we’re lawyers and we’re different’.
Succession (Season 5) – Santa looks to the future
It’s time for the annual Christmas blog from Nigel Wallis, consultant at Legal Futures Associate O’Connors Legal Services.
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