Tag Results
Impact of recession continues to dominate FDs’ views of the future for big firms
Wednesday, 26 February 2014A survey of top-100 law firm finance directors has shown the consequences of the recent economic downturn continue to dominate predictions for the future, with regulatory and compliance work forecast to grow fastest and public sector work set to contract the most.
Tags: fixed fees
Posted in Finance, Latest news
QualitySolicitors bids to ditch all hourly billing for fixed fees
Monday, 2 December 2013QualitySolicitors is to launch the ‘QS Price Promise’ that could see all 120 member firms ditch hourly billing early next year, it announced today. It wants to become “the first consumer legal service to offer fixed fees for all legal services – including litigation”.
Tags: fixed fees, QualitySolicitors
Posted in Latest news, Market monitor
Riverview and DMH unveil fixed-fee M&A service
Thursday, 19 September 2013The strategic alliance between Riverview Law and DMH Stallard has borne its first fruit, with the pair promising to handle mergers and acquisitions of any size on a fixed fee.
Tags: fixed fees
Posted in Latest news, Market monitor
Co-op calls on solicitors to ‘stop the clock’ on divorce work
Tuesday, 2 April 2013More than four out of five of divorcees want family law services provided by fixed fees, according to research carried out by Co-operative Legal Services to launch a campaign against hourly rates in light of this week’s legal aid cuts.
Tags: Co-op, family law, fixed fees
Posted in Client care, Latest news
Hourly billing leaves family law clients out in the cold, research finds
Monday, 25 March 2013More than half of those going through a divorce were priced out of the legal services they would have bought and felt they needed, new research has found, with nine out of ten people told by solicitors to take or leave pricing on an hourly rate.
Tags: family law, fixed fees
Posted in Client care, Latest news
Get advice and service right, and price becomes less important – major survey of client needs
Monday, 19 November 2012Quality of legal advice and service still trump cost when clients choose a lawyer, although certainty about price and a firm’s use of technology are increasingly important, according to a major survey of client needs being released at today’s Legal Futures conference.
Tags: fixed fees
Posted in Client care, Latest news, Technology
Exclusive: small business adviser eyes law firm acquisitions as part of push into legal services
Friday, 5 October 2012A company that currently provides small businesses with accountancy and HR advice is set to move into legal services, with an alternative business structure application and the acquisition of law firms likely, Legal Futures can reveal.
Tags: ABS, Alternative business structures, fixed fees
Posted in Alternative business structures, Latest news, Market monitor
… as Saga expands into fixed-fee private client services and bids for ABS status too
Wednesday, 3 October 2012Over-50s specialist Saga has today launched a new range of legal services which it claims aims to make the market “more straightforward in terms of charges, language and accessibility” – and has also applied for an alternative business structure licence.
Tags: ABS, Alternative business structures, conveyancing, fixed fees, legal expenses insurance, probate, will-writing
Posted in Alternative business structures, Latest news, Market monitor
Commercial firms “surprisingly” confident of profitability hike
Monday, 1 October 2012Two-thirds of commercial law firms are surprisingly confident of increasing profits by at least 10% in each of the next two years, despite concern about competition from ABSs, according to new research.
Tags: ABS, Alternative business structures, fixed fees, mergers, Online Legal Services, Technology
Posted in Latest news, Market monitor
Co-op launches fixed-fee family law service
Thursday, 20 September 2012Co-operative Legal Services (CLS) has today launched its much-touted family law operation in London, offering services on a fixed fee as standard. CLS, which was one of the first three alternative business structures, has so far recruited 22 fee-earners.
Tags: Co-op, family law, fixed fees
Posted in Latest news, Market monitor
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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