Practice Management
Study links greater diversity to higher law firm profitability
There is a link between greater diversity and higher law firm profits, research in the US has found, “diversity of cognition” one of the key reasons.
DWF details share-based incentive plan for senior executives
The three senior executives at DWF – the only law firm listed on the main stock exchange – have been awarded 1.5m shares subject to the firm meeting certain performance targets by 2024.
Mishcon is third UK law firm to achieve B Corp status
Mishcon de Reya has become only the third UK law firm to gain ‘B Corporation’ certification to show it balances purpose with profit. It has changed its LLP agreement to reflect this.
Pregnant S&G assistant fired for offensive Facebook posts
Slater & Gordon dismissed a legal assistant over offensive Facebook posts on Muslims and Jimmy Savile, and not because she was pregnant, an employment tribunal has found.
BigLaw business model “not sustainable”, says Mayson
The business model pioneered by large law firms but now adopted by many smaller ones too is not sustainable, Professor Stephen Mayson has argued.
Family lawyers need to replace billing targets with new business model
Family lawyers should scrap billing targets and develop a new business model, a senior practitioner has said, while criticising the failure to continue pushing collaborative law.
Experienced PA wins constructive dismissal claim against law firm
A litigation PA who worked for a Kent law firm for 25 years has won her claim for constructive unfair dismissal over the “thoughtless and high-handed” way it moved her to the conveyancing department.
Lawtech company adopts four-day week: “It could work for law firms”
The introduction of a four-day week could work for law firms and make them “very attractive” to young lawyers, according to the boss of a lawtech company which has embraced the change.
Problems with reopening London HQ “hindered” listed law firm
Problems with reopening its London headquarters have “hindered the development” of listed law firm Ince’s business, chief executive Adrian Biles told investors yesterday.
Court of Appeal allows claim over law firm break-up to proceed in full
The Court of Appeal has overturned a decision striking out parts of a claim brought by a solicitor against his former partner in a Middlesbrough law firm, increasing its value significantly.