Market monitor

The country’s first listed law firm will continue to diversify its offering, it said today as it unveiled a strong set of half-year results that showed how partners and staff are benefiting too.

Barristers instructed by now-defunct Birmingham law firm Public Interest Lawyers are set to lose out significantly from its liquidation, although its collapse may yet spark legal action.

The founders of a new consultant-led law firm are aiming to challenge not only the traditional law firm model but also the current fee-share models which have evolved over recent years.

City firms with ‘onshore’ offices in cities such as Belfast and Manchester are breaking professional rules by not making it clear to clients where the work is being done, groundbreaking research has suggested.

A personal injury law firm in Preston has been saved following its sale out of a pre-pack administration as the weeks before Christmas saw more mergers around the country.

Several listed legal businesses surged ahead of the market during 2019, with regional law firm Knights providing investors with a particularly rich return, a Legal Futures analysis has shown.

Knights has unveiled the sixth acquisition in its 18 months as a listed firm to boost its recently established presence in Birmingham. Fellow listed firm Rosenblatt has hired a former Met Police commissioner.

The listed legal sector is a “clear outperformer” against broader markets, with “many more” law firms – both corporate and consumer – likely to come to market, a new analysis has found.

The joint venture between NAHL plc – which owns marketing network National Accident Helpline – and Bristol-based law firm Lyons Davidson has collapsed, it emerged today.

A US-based legal services provider with a London-based alternative business structure focused on processing  routine contract documents is steadily building its European client base.

A former specialist personal injury firm which has diversified into other kinds of volume litigation could quadruple in size by the end of next year.

Marketing collective First4Lawyers has unveiled a new lead generation model that it says allows firms to pay a fee per enquiry while complying with the referral fee ban.

The Ministry of Justice – whose budget has faced major cuts over the past decade – faces having to pay up to £1bn in pensions for part-time judges, according to the claimants’ solicitors.

The seventh law firm to list – although it describes itself as an asset management consultancy – raised £31.4m as its shares began trading last week. MJ Hudson had a market capitalisation of £98m.

The chairman of the Bar Council has hit back at criticism of his attendance at a Chinese legal conference that did not address human rights in the country, saying he was “not an apologist for the Chinese regime”.