Legal Services Act
Consolidator and investor target IPs handling distressed law firms
An acquisitive North-West law firm and a private equity investor have joined forces to offer a service for insolvency practitioners looking to sell distressed consumer practices.
LSB diversity report finds multiple failings by regulators
Measures taken by frontline legal regulators to improve diversity and inclusion are insufficient and based on inadequate evidence, according to a report published today.
Consumers willing to use lawyer anywhere in country, research finds
The proportion of consumers going on review websites to help find their lawyer has hit double figures, while a majority would use a firm anywhere in the country, research has found.
DWF shares return to pre-Covid levels on back of profits and bolt-ons
Shares in DWF jumped 12% to their pre-Covid level after the only law firm listed on the main London Stock Exchange revealed a strong performance in the last financial year.
NAHL to exit conveyancing as it targets PI law firm growth
NAHL plc is set to sell its residential conveyancing business as it looks to focus on growing its personal injury law firm in the wake of a difficult Covid-affected year for the business.
“Startling” – SME firms saw profits per partner rise during lockdown
A 6% increase in profits per partner recorded by small and medium-sized law firms in the first six months of the pandemic was a “startling outcome”, according to a report.
Exclusive: Pioneering legal services advice app shut down
An American company that sought to bring subscription-based legal services to the mainstream consumer market in the UK has shuttered its operation after less than two years.
Anger over proposed ‘good faith’ rule for immigration lawyers
Government plans to impose a ‘good faith’ requirement on immigration lawyers have been strongly attacked by solicitors and barristers, while the Legal Services Board has also questioned it.
Five-star Trustpilot reviews becoming “hygiene factor” not differentiator
More than eight in every 10 reviews on Trustpilot award law firms five stars, making them increasingly a “hygiene factor” rather than a differentiator, new research has indicated.
Leading PI firm recruits as it diversifies into business energy claims
Private equity-backed Winn Solicitors is ramping up its operation to handle mis-sold business energy contracts as it bids to diversify from its core personal injury business.