Market monitor


Pandemic the “right time” to launch law firm

13 October 2020

The founder of a niche commercial law firm which advises start-ups has said this summer was the “right time” to launch the business, despite Covid-19.


Obelisk adds paralegals and junior lawyers to freelance pool

12 October 2020

Flexible resourcing pioneer Obelisk Support has launched a new paralegal service for law firms and in-house teams, with plans to add 500 full-time paralegals and junior lawyers to its talent pool.


Man who “probably” contacted Legal Futures pretending to be judge jailed for harassing him

9 October 2020

A man found in contempt of court for repeatedly breaching injunctions imposed to stop him harassing a circuit judge has been jailed for 16 months.


Big firms “quietly” working to reclaim ground from alternative providers

9 October 2020

The world’s largest law firms have been “quietly mobilising” to recapture revenue lost to alternative legal service providers by creating their own in-house versions, according to new research.


Rocket Lawyer imports English model back to US

9 October 2020

Online legal business Rocket Lawyer is importing the model it has developed in England and Wales back to the US as its home country begins inching towards opening up to non-traditional offerings.


Employee ownership move like “rocket fuel”, says firm

8 October 2020

A niche law firm which advises on employee share ownership and executive pay has become the latest to convert to an employee ownership trust.


Law Society conveyancing scheme a “barrier to competition”

7 October 2020

The Law Society’s Conveyancing Quality Scheme is a “market barrier”, blocking entry to non-solicitor law firms, the Competition and Markets Authority has been told.


More mergers mark start of new insurance year

6 October 2020

A host of mergers and acquisitions have been announced now that the 1 October deadline that most firms still stick to for their insurance renewal has passed, following a series unveiled last month.


Gunnercooke develops associate and multi-disciplinary offerings

5 October 2020

Leading virtual law firm gunnercooke is ramping up its offering to associates as well as creating multi-disciplinary specialist consultancies in the next stage of its growth.


S&G to “automate everything” as it says: The future is digital

2 October 2020

Slater & Gordon’s ambition to become the country’s leading consumer law firm will mainly be fulfilled online as it looks to automate as much legal work as it can, its chief executive has explained.

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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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