Market monitor
Small firms increasingly worried by competition from online providers
Small law firms increasingly see online legal services providers as their biggest commercial threat, and are becoming more worried about DIY providers too, new research has shown.
Nokia to score panel firms quarterly on equality, inclusion and diversity
Two City practices are in the first group of panel law firms used by telecoms giant Nokia to undergo a new assessment of their progress on equality, inclusion and diversity.
Solicitor sells HR software company to PE-backed healthcare business
A solicitor who sold his stake in the law firm he co-founded to focus on a HR software company set up at the same time has now sold the IT business.
Lawyers and students flock to help free legal advice CIC
A community interest company set up to offer free legal advice to those unable to pay for it and not eligible for legal aid has increased the number of its volunteers from nine to 50 during the pandemic.
Latest deal for law firm consolidator as M&A rumbles on
Law firm consolidator Metamorph Group has unveiled its latest acquisition, as we round up the latest M&A news and report on a major new international force launched in France and Germany.
Global network targets London with second UK law firm acquisition
International professional services group ETL Global has acquired 30-partner London firm Laytons for its network, doubling its legal footprint in the UK with further acquisitions to come.
Investors back start-up that turns collaborating lawyers into virtual firm
A lawtech start-up has far exceeded its target to raise funding of £120,000 for software that links lawyers who know each other so they can collaborate remotely and compete with large firms.
Immigration and civil litigation hit hardest by Covid-19
Immigration and civil litigation were the two areas of legal practice hit hardest by the pandemic last year, with private client and family law “insulated” from the impact, new research has found.
Knights enters Sheffield in deal number 13 for listed consolidator
Knights is to acquire Sheffield practice Keebles for £11.6m, the 13th acquisition the consolidator has managed in less than three years as a listed business.
Keystone boss untroubled by competition from US
The boss of Keystone Law has said he is “untroubled” by the ambitions of other law firms that openly want to compete with the listed business as it announced rising turnover and profit for 2020/21.
CMC numbers continue to fall as whiplash regulation clear latest hurdle
The number of claims management companies continues to fall year on year and has dropped 80% over the past decade, new figures have shown.
CEO who “ran for the hills” loses appeal over failed unfair dismissal claim
A well-known law firm did not fire its chief executive because he made protected disclosures about financial problems that were discovered at the practice, the Employment Appeal Tribunal has ruled.
Mishcon de Reya confirms plan to list on main stock exchange
Partners at London law firm Mishcon de Reya have voted to explore a premium listing on the London Stock Exchange later this year, it announced today.
Firm discriminated against partner suffering mental health problems
A former equity partner at Freeths has won a disability discrimination claim over the way the leading midlands law firm treated him after he was diagnosed with mental health problems.
Law firms to offer upfront conveyancing transaction packs
A national panel of law firms is being created to allow estate agents and members of the public to find conveyancers prepared to provide buyers with upfront property transaction packs.