Market monitor


Consumers willing to work with wills and probate solicitors online

15 December 2020

More than a third of consumers believe that video witnessing of wills is “a good alternative” to being there in person, according to a major study, while a majority are happy to have an online consultation.


Mishcon’s brand management spin-off leads latest deals news

11 December 2020

A brand management company owned by London law firm Mishcon de Reya has acquired a Philippines-based business to boost its Asian presence, among various deals struck recently in the legal market.


Law firm leaders expecting market consolidation in 2021

10 December 2020

There are “high expectations” among law firm leaders of consolidation in the legal services market during 2021 and beyond, research has found – although there is often little strategy behind deals.


Report highlights post-lockdown recovery in family and private client work

10 December 2020

Demand for family and private client services recovered in the second quarter of this year as the impact of the first national lockdown began to take effect, research has found.


Alternative legal providers “impressing clients” with technology

9 December 2020

Alternative legal services providers “lag behind the leading law firms by quite a margin” in Europe, but their use of technology is “impressing clients”, a report has found.


3,000 law firms “could be forced to close or merge”

8 December 2020

As many as 3,000 law firms could be forced to close or merge over the next few years after the conveyancing bubble bursts and the recession really kicks in, a leading law firm consultant has warned.


In-house solicitor brings libel claim over accusatory press release

4 December 2020

A senior solicitor at the Environment Agency is suing a director of a garden centre business for libel and harassment after he successfully prosecuted the man for waste offences.


Inward investment consultancy becomes ABS after “exponential growth”

3 December 2020

A professional services consultancy specialising in advice to foreign businesses wanting to set up in the UK has become an alternative business structure after “exponential growth” in 2020.


Lottery funding helps law firm launch free Covid fines app

3 December 2020

A not-for-profit criminal law firm has launched  a free web app aimed at people who have been issued fines for breaching the Coronavirus Regulations.


BT takes legal near-shoring option with Northern Ireland move

3 December 2020

Communications giant BT has become the first non-law firm to open a legal hub in Northern Ireland, investing over £2.7m to create up to 30 lawyer jobs in Belfast over the next four years.

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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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