Practice Management


Major firm offers staff £1m bonus for million AI prompts

4 April 2025

Staff at national law firm Shoosmiths will share a £1m bonus if they make a million Microsoft Copilot prompts in its next financial year.


Don’t be too “seduced” by AI, lawyers warned

17 March 2025

Lawyers need to avoid being “so seduced” by what AI can do “that they don’t appreciate what it cannot”, a professional negligence specialist warned last week.


Client account interest drives rising profits at SME law firms

6 March 2025

Almost all of the 21% increase in profits per partner seen by SME law firms last year came from client account interest and they need to “wean themselves off” it, a Law Society report has warned.


Regional mergers and another PE-backed deal in latest M&A

6 March 2025

The private equity owned Fletchers Group made another acquisition yesterday, while a merger is set to create a 500-person firm operating in Lincolnshire and Yorkshire.


Private equity invests £1.2bn in the law in just five years

27 February 2025

Private equity has invested nearly £1.2bn into law firms over the last five years, with a record £534m coming last year, according to figures published today.


Law firm’s partnership agreement was not varied, High Court rules

26 February 2025

Two former partners of a law firm did not vary their 50/50 partnership after it was set up so that one would be in sole control, the High Court has ruled.


Law firms set to enjoy second year of good PII market

19 February 2025

The cost of professional indemnity insurance for many law firms fell last year, and there are positive signs for renewal in 2025 too, a leading broker has declared.


Law firm plays down BBC story on restricting AI use

13 February 2025

Commercial law firm Hill Dickinson has played down a BBC report that it has blocked general access to several AI tools after it found a “significant increase in usage” by staff.


Legal LinkedIn users report trolling and “sexual comments”

12 February 2025

Two-thirds of legal LinkedIn users received harassing, negative or ‘troll’ messages or comments, with 35% receiving “sexual comments” on the platform.


Law firms need to prepare for different demands of Gen Z lawyers

7 February 2025

Law firms need to start adapting to the concerns and motivations of ‘Gen Z’ as they begin to enter the workplace, an International Bar Association report has warned.

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Blog


AI in personal injury – the future

The traditional lawyer in me – and one who increasingly finds technology more confusing with each passing day – is resistant but it doesn’t take a lot to surmise that AI will likely become a very important tool.


Ten top tips for turning transparency into positivity and new clients

New SRA guidance on transparency issued last autumn – thinly disguised as continued support for COLPs, firms and individuals – was without doubt also borne out of regulatory frustration.


The enduring value of ‘old skool’ tech in the age of AI

As we adopt AI, it’s crucial not to overlook the enduring value of established technologies that deliver proven benefits within an understood cost and effort window.


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