Latest News

Goldwag confirmed as new OLC chair and promises to manage any conflict caused by ABS investments

Wanda Goldwag

MPs have approved the appointment of Wanda Goldwag as the new chair of the Office for Legal Complaints – the body that oversees the Legal Ombudsman – as it also emerged that she has small shareholdings in two major alternative business structures.

March 24th, 2017

ABS update: Good news for Slater & Gordon, corporate services business sets up law firm, and more

Jason Spencer Crawfords

Slater & Gordon announced another sliver of good news, with the Australian Securities and Investment Commission deciding to take no further action following an investigation into whether the firm’s accounts had been falsified. We also round up other ABS news, including a law firm created by a London corporate services business.

March 24th, 2017

Exclusive: Conveyancing chatbot aims to engage potential clients looking for a quote

Matthew Pennington 2

Leading conveyancing firm Convey Law has launched what is said to be the first fully automated chatbot that can engage with potential clients, provide instant conveyancing quotes, and then arrange a follow-up conversation with a member of its team.

March 24th, 2017

Legal Futures Report

 

This Legal Futures roundtable report, published in association with Thomson Reuters, looks at what SME law firms are doing to grow their profit margins at a time of economic uncertainty and ever-greater competition. What was so striking about the debate was that despite the very different practices represented around the table, the approach was largely the same. Putting a few lawyers around a table invariably produces a stimulating and challenging discussion, and this was no different.

Legal Futures Blog

The skills shortage in law firms is the biggest threat to handling cybercrime

CLC Roundtable discussion at Malmaison Hotel, Charterhouse Square

The skills shortage in our businesses is the biggest threat to our industry when looking at cybercrime. Cybercriminals are not just after money but are looking for sensitive information too, so the legal services sector is an obvious target. In the last year we have had reports of around £7m of client money being lost to such crime. This is not an IT issue and it should not be left to the IT teams to sort out. It is a high-level responsibility and a board-level issue that must be taken seriously. We suspect that we will look back on 2016 and ask why we didn’t respond quicker.

March 21st, 2017