Market monitor


Last chance saloon as MPs and peers urged to derail whiplash tariff

26 April 2021

Claimant representatives are urging MPs and peers to push back on the “derisory and offensive” new tariff for whiplash injuries when put for approval in Parliament this week.


Top Chinese firm eyes non-lawyer partners with ABS move

23 April 2021

A leading Chinese law firm has converted its London operation into an alternative business structure with a view to bringing non-lawyer partners on board. It is already in talks with some.


Rocket Lawyer fuels growth with £161m investment

23 April 2021

Online legal services provider Rocket Lawyer has received a £161m funding boost to meet growing demand and scale up its cloud-based case management system.


Lawyers ramp up efforts to use law to fight climate change

22 April 2021

The Chancery Lane Project, a global collaboration of lawyers looking to fight climate change, has published the latest set of model contract clauses, which it says are increasingly being taken up.


Listed business make major move with £30m law firm acquisition

20 April 2021

RBG Holdings, the listed business that owns City law firm Rosenblatt, has more than doubled in size after announcing the £30m acquisition of London practice Memery Crystal.


Citizens Advice reveals huge demand for help during pandemic

20 April 2021

Citizens Advice gave one-to-one advice to two million people during the year of the pandemic, the “vast majority” of them remotely, the service has said.


NDA initiative aims to promote benefits of standardisation

16 April 2021

More than 700 individuals and businesses have agreed to use a standard non-disclosure agreement (NDA) for use when beginning negotiations over corporate transactions.


Senior City lawyers want to continue working flexibly – or will leave

16 April 2021

The major City law firms are on notice that their big hitters want a permanent post-Covid change in work patterns or some will look to leave, new research has found.


160 firms sign up to consumer app aiming to transform access to lawyers

15 April 2021

An app linking consumers to lawyers who provide free video consultations has been launched this week after three months of testing with 20 law firms – more than 160 firms have now signed up.


Solicitor unfairly dismissed for refusing Covid variation to contract

15 April 2021

A solicitor fired after refusing a demand to vary her contract so her firm could furlough her or reduce her wages to help it cope with the impact of Covid has won a claim for unfair dismissal.

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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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