Market monitor


High street solicitor launches second BSB firm with client

22 October 2020

A solicitor has launched a second law firm regulated by the Bar Standards Board – this time an alternative business structure with a letting agent client.


Consumers use “limited criteria” when shopping around for lawyers

22 October 2020

Consumers of legal services apply “relatively limited criteria” when shopping around, research has found – which 46% of those polled did, while 27% went to the first adviser they looked at.


Top PI firms reveal mixed profits as another hits TV to build brand

22 October 2020

Two leading personal injury law firms have recorded contrasting results that take lockdown into account, while Minster Law has launched its first national TV advert to promote its PI work.


Family lawyers embrace mixed teams to offer non-court alternatives

21 October 2020

An increasing number of family law specialist teams are joining with other disciplines and professionals to offer clients a wider range of services that do not involve the court process, it has emerged.


Frenkel Topping given more time for NAHL takeover talks

20 October 2020

Talks between listed companies Frenkel Topping Group and NAHL Group about a reverse takeover of the latter have been extended by another four weeks.


Reduced legal budgets seen as biggest virus challenge

20 October 2020

Lawyers have identified reduced client budgets for legal work as the biggest threat to the profession from the pandemic in a new report.


Exclusive: Keystone investor eyes next legal opportunity

16 October 2020

The private equity investor who set Keystone Law on the road to listing is on the look-out for a new legal venture – but is not interested in traditional law firm partnerships.


Remote hearing success means no backlog in some family courts

15 October 2020

The family court system has adapted so well to remote working that some courts do not have a backlog of cases, the president of the Family Division said yesterday.


New hub to aid Black founders with scaling up businesses

14 October 2020

Two entrepreneurial Black lawyers are co-founding a network to “encourage, support and develop” scalable, high-growth professional services businesses founded and run by Black people.


Exclusive: High street consolidator buys three more firms

13 October 2020

Echelon Law, an alternative business structure which specialises in buying small high street law firms with succession problems, is set to acquire three more, Legal Futures can report.

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Blog


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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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