Market monitor


“Outrage” as only partners are allowed to work from home

18 March 2020

A union representing legal workers has expressed “outrage” at the “classist allocation of risk” that is seeing law firm partners working from home while other staff are forced into the office.


Covid-19 round-up: BSB reassures barristers about rule breaches

18 March 2020

Barristers who follow official guidance on Covid-19 will not be in breach of their professional obligations, the BSB has said amid a range of developments in the courts, PI and conveyancing.


No whiplash rules until May as clock ticks down to launch

17 March 2020

Personal injury law firms and insurers look unlikely to have sight of the new rules governing the whiplash portal until May as they were not signed off at this month’s rule committee meeting.


Legal aid lawyers call for government support over Covid-19

17 March 2020

Criminal defence solicitors have called for expedited legal aid payments and an extension of the business rate holiday to law firms with contracts to combat the impact of Covid-19.


MBO of north-west firm heralds ‘buy and build’ strategy

16 March 2020

North-west law firm Jackson Lees Group is the newest consolidator to hit the market, with a management buy-out the prelude to an aggressive nationwide ‘buy and build’ strategy.


ABSs diversify to offer clients non-legal services

13 March 2020

Southern England commercial law firm EMW has made the first of what it says will be a series of acquisitions of specialist consultancies as it looks to diversify beyond legal work.


Gateley bolsters non-legal offering with £6m deal

9 March 2020

Listed law firm Gateley has made its sixth acquisition of a non-legal business after adding a property and construction consultancy to its portfolio at a cost of up to £6.75m.


Fortuna Law rebrands after complaint from Fortune Law

6 March 2020

Fortuna Law, a litigation boutique set up by former DLA Piper partner Mark Goodwin, has changed its name after complaints from commercial practice Fortune Law.


Merger and acquisition make South East new battleground

6 March 2020

The South East has suddenly become a new legal battleground after a £40m merger between Moore Blatch and Barlow Robbins followed listed firm Knights’ entry into the region.


Five deals in two months – Knights on acquisition trail again

5 March 2020

Listed law firm consolidator Knights today accelerated its growth yet further by announcing two further acquisitions, making it five deals since the beginning of the year alone.


Sexism denying female start-up founders investment

5 March 2020

Female founders of legal start-ups are confronting sexism among investors, including having to answer demeaning questions like ‘have you frozen your eggs?’.


Most firms increasing bank borrowing, survey finds

5 March 2020

There is a “real profitability divide” between larger and smaller law firms although income is generally increasing across the board, new research has found.


City firms “falling behind global rivals” on technology

5 March 2020

Commercial law firms based in the UK are falling behind their global rivals in adopting new technology, including artificial intelligence and data analytics, a report has warned.


Early advice enthusiast takes on legal aid brief at MoJ

4 March 2020

A criminal law barrister who has called for the restoration of legal aid for early advice has become the new minister at the Ministry of Justice responsible for legal aid.


MoJ: Three months is enough to prepare for whiplash reforms

3 March 2020

Three months should be enough time for personal injury law firms and defendant insurers to be ready for the whiplash reforms, the government official leading the work said yesterday.

← Page 25 Page 26 of 139 Page 27 →

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.