Practice Management


SRA keeps SIF open in face of hardening insurance market

15 June 2021

A hardening indemnity insurance market and pressure from the Law Society have persuaded the Solicitors Regulation Authority to keep the Solicitors Indemnity Fund open for a further year.


Top firms “need to get clients paying faster” to prepare for next crisis

14 June 2021

The top 50 law firms had nearly £6bn of unpaid client invoices on their balance sheets last year and would be better prepared for another crisis like Covid if they reduced this, an analysis has argued.


Google’s Black Founders Fund backs UK lawtech start-up

14 June 2021

A contract drafting and review business founded by former Freshfields associates is one of 30 companies to receive funding from the Google for Startups inaugural European Black Founders Fund.


Susskind: “Trainees will learn like astronauts – with virtual reality”

14 June 2021

Trainee lawyers in future may do their legal training by using immersive virtual reality software simulating the practice environment, like astronauts preparing for space, Professor Richard Susskind has predicted.


Smaller firms lead the pack on website performance

11 June 2021

Two of the smaller firms in the UK top 200 law firms are leading the way on website performance, new research has found. Stephensons and Lindsays ousted Pinsent Masons and DLA.


Swedish start-up brings one-stop business law advice shop to UK

10 June 2021

A Swedish start-up which aims to provide a one-stop shop for the legal needs of small and medium-sized businesses launched in the UK this week.


Law firms faced major premium rises in spring PII renewal season

7 June 2021

The spring renewal season saw law firms pay a lot more for their PII, with the surge in conveyancing work a concern and contentious probate an increasing problem.


Pandemic has “undermined cohesiveness” of firms, lawyers say

2 June 2021

Nearly half of lawyers believe that working remotely during the pandemic has damaged the cohesiveness of their firms, a global study has found.


Slater & Gordon launches “revolutionary” digital legal services offering

1 June 2021

Slater & Gordon has launched ‘miplatform’, what it says is a ‘first of its kind’ digital legal service that enables clients to progress their matters with little or no direct contact with a lawyer.


“Abusive” claim against lawyers in Jarndyce-style litigation struck out

25 May 2021

A High Court judge has struck out a £58m unlawful means conspiracy claim against a law firm, four solicitors and a QC, which she described as “fatally flawed” and “abusive”.

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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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