Market monitor


Small firms increasingly worried by competition from online providers

13 May 2021

Small law firms increasingly see online legal services providers as their biggest commercial threat, and are becoming more worried about DIY providers too, new research has shown.


Nokia to score panel firms quarterly on equality, inclusion and diversity

12 May 2021

Two City practices are in the first group of panel law firms used by telecoms giant Nokia to undergo a new assessment of their progress on equality, inclusion and diversity.


Solicitor sells HR software company to PE-backed healthcare business

10 May 2021

A solicitor who sold his stake in the law firm he co-founded to focus on a HR software company set up at the same time has now sold the IT business.


Lawyers and students flock to help free legal advice CIC

9 May 2021

A community interest company set up to offer free legal advice to those unable to pay for it and not eligible for legal aid has increased the number of its volunteers from nine to 50 during the pandemic.


Latest deal for law firm consolidator as M&A rumbles on

6 May 2021

Law firm consolidator Metamorph Group has unveiled its latest acquisition, as we round up the latest M&A news and report on a major new international force launched in France and Germany.


Global network targets London with second UK law firm acquisition

5 May 2021

International professional services group ETL Global has acquired 30-partner London firm Laytons for its network, doubling its legal footprint in the UK with further acquisitions to come.


Investors back start-up that turns collaborating lawyers into virtual firm

5 May 2021

A lawtech start-up has far exceeded its target to raise funding of £120,000 for software that links lawyers who know each other so they can collaborate remotely and compete with large firms.


Immigration and civil litigation hit hardest by Covid-19

5 May 2021

Immigration and civil litigation were the two areas of legal practice hit hardest by the pandemic last year, with private client and family law “insulated” from the impact, new research has found.


Knights enters Sheffield in deal number 13 for listed consolidator

4 May 2021

Knights is to acquire Sheffield practice Keebles for £11.6m, the 13th acquisition the consolidator has managed in less than three years as a listed business.


Keystone boss untroubled by competition from US

30 April 2021

The boss of Keystone Law has said he is “untroubled” by the ambitions of other law firms that openly want to compete with the listed business as it announced rising turnover and profit for 2020/21.

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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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