Market monitor
Ince disposes of first post-listing acquisition amid positive results
Ince Group has unveiled a strong international performance this year to make up for a dip in UK revenues, while also disposing of the first law firm it acquired after listing.
Leading conveyancing firm spends £27m on referral business
Leading conveyancing firm O’Neill Patient – which was last year bought by a private equity firm – has spent £27m to buy a platform providing services to mortgage brokers and estate agents.
Black women lawyers outline struggles of succeeding at City firms
Leading black women lawyers have spoken about the challenges of succeeding in City law firms, including the problem of acquiring ‘gravitas’, and the fear of being seen as an ‘angry Black woman’.
The Unilever of law? Shakespeare Martineau’s big ambitions
Shakespeare Martineau has outlined its ambition to be a top 30 law firm by 2025 as it rolls out its unique new ‘house of brands’ strategy, with “crowdfunding” staff investment one possible way to raise finance.
Profession welcomes Sunak’s justice system cash injection
The Law Society and Bar Council have welcomed Chancellor Rishi Sunak’s £1.6bn injection into the justice system but warned that it cannot be a one-off.
Legal Services Act a decade on: Much to celebrate but much to do
There is “much to celebrate” from the first decade of the Legal Services Act but the basic legal needs of many citizens are still not being met, the Legal Services Board said today.
Knights hits the acquisition trail again with move into South-West
Listed law firm Knights has returned to the acquisition trail and its strategy of targeting secondary legal locations by striking a deal to move into Exeter, while also reporting “robust” trading.
“Massively busy” ABS plans further growth
An alternative business structure which launched as a specialist conveyancing firm with three staff in March 2019 is aiming to hit 50 staff across a range of practice areas by the end of 2021.
Leading firm eyes rapid growth by building “house of brands”
Midlands-based law firm Shakespeare Martineau has outlined a strategy to attract mergers, acquisitions and hires to a “house of brands” and double in size by 2023.
Hundreds of Gateley staff sign up to share options
Around a third of Gateley’s 1,000 staff have taken up options under the listed law firm’s latest save as you earn share scheme, while Ince Group has a new major shareholder.