Setting up a barrister law firm

Nigel Wallis lo res

At present, the main option for a group of barristers wishing formally to collaborate and share profits is to form an SRA-regulated law firm or, if non-lawyer managers are involved, an SRA-regulated alternative business structure (ABS). The impending introduction of entity regulation (and most likely ABSs) by the BSB will tip things on their head and create additional options for entrepreneurial barristers.

August 12th, 2014

Will Wonga-gate put the morals and ethics back into debt collection?

Brian Rogers

The recent headlines about Wonga, Lloyds and other large institutional organisations using fictitious law firms as a means of ‘upping the ante’ with debtors has really focused minds on the morals and ethics adopted by such organisations.

August 8th, 2014

Where now for legal regulation?


A direct consequence of the government’s decision in May not to make any major changes to the regulatory framework for legal services is that it simultaneously fired the starting gun for the race to introduce major changes to the regulatory framework for legal services.

July 24th, 2014

Captive audience

Nigel Wallis lo res

An increasing number of law firms are now using captives for their insurance arrangements as firms take proactive steps to regain control of their own destiny and secure direct benefits from their good risk management and efficient operation.

July 15th, 2014

Is that really you?


Solicitors have been given another wake-up call with regards to criminal clones this month by their regulator. In its second annual risk outlook, delivered last week, bogus law firms were elevated to being one of the key risks facing the profession. How does your firm protect itself from this risk?

July 10th, 2014

Send in the paras?

Legal Futures conference April 2012

To say that the paralegal enquiry launched by the Chartered Institute of Legal Executives (CILEx) is timely is a massive understatement. It is a highly significant piece of work – its aims ambitious, its scope comprehensive, its outcomes potentially far-reaching.

June 30th, 2014

A conveyancing client’s plea

Old fashioned phone

Having recently been involved in property transactions in different parts of England and Wales, I can speak as a consumer of legal services. After attending last week’s Legal Futures‘ conference, I also feel up to speed on the direction technology in general is moving. What strikes me is that some solicitors continue to work in a kind of parallel universe, in which ‘older’ technologies like e-mail and digital scanning have been incorporated into the conveyancing process, but the piecemeal fashion in which it has been brought in makes its acceptance seem grudging.

June 24th, 2014

The game has changed

Nigel Wallis lo res

Managing lawyers is never dull. And managing change within a law firm is as far from dull as it gets. Balancing the conflicting drivers and aspirations of professionals, as change is being brought about, can take the Wisdom of Solomon and the deftness of a music-hall plate-twirler.

June 20th, 2014

Are you going to be one of the fifty survivors?

George Bull

There is an increasingly strong belief that of the 200 or so mid-tier law firms, only 50 or so may survive in the short to medium term. The work of our own recovery specialists has helped us understand the warning signs of firms which – if they do not mend their ways – may well be one of the 150 or so predicted failures in the top 200. To put it another way, if you wish to be in the successful 50, you need to avoid these pitfalls.

June 10th, 2014

Ditching the hours


In a guest blog, Julie Brannan, director of education and training at the Solicitors Regulation Authority, explains the rationale for the move from hours-based CPD to a system of ‘continuing competence’ that puts individuals and firms in the driving seat.

May 28th, 2014