Market monitor

Accident management group Redde plc – which owns NewLaw Solicitors – has seen profits from the law firm’s five alternative business structure joint ventures increase by nearly 150%.

Leading funder Doorway Capital has expressed more confidence in the personal injury market by pulling a law firm out of a partnership voluntary arrangement.

The government yesterday spelt out the potential impact of a no-deal Brexit on the legal services sector, saying that it risked a loss of market access and an increase in non-tariff barriers.

Leading private equity firm Palamon Capital Partners has acquired My Home Move to create by far the largest conveyancing business in the country with its existing investment, the Simplify Group.

A group of internal shareholders at AIM-listed law firm Gateley have sold £6m worth of shares, it emerged last week. An accelerated bookbuild to institutional investors was announced and completed on Friday, with 13 directors and managers, along with the… Read More

Yorkshire law firm LCF Law has protected its Legal365 brand after a Danish legal practice management software company tried to register it as a European trademark.

Personal injury firms in Sheffield and Macclesfield have merged and created a new alternative business structure as they bid to ride out the upheaval of next year’s reforms.

It is time to impose quotas on law firms for the number of women at both equity partner and management level as “years of talking” about diversity have failed to drive sufficient change.

Leading alternative legal services provider Axiom Law is set to list on the New York Stock Exchange in what could prove the most significant move in the so-called ‘New Law’ market to date.

A London law firm is building what it says is the country’s first dedicated cannabis law practice as it looks to take the lead in a fast-growing market.

A multi-disciplinary construction business has become an alternative business structure, in part to reduce confusion among clients and also offer a one-stop shop.

Lawyers were paid £3.5m on the project to build a garden bridge across the River Thames in London, which was abandoned before it was built, a full breakdown of spend has shown.

Lawyers acting pro bono in a complex family law case countered the stereotyped image of ‘fat cats’, a High Court judge has said in praising their “commitment to the delivery of justice”.

The Law Commission’s funding model is to be reviewed to address concerns about a lack of independence from government, following a review of its operations.

DWF will raise around £75m from listing on the London Stock Exchange, the firm said today as it announced its plan to float in March and confirmed that it had received a positive reaction from investors.