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ABSs top the 1,000 mark as research highlights changing face of legal market

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New competition since the introduction of alternative business structures, along with client demands is changing the face of the legal market, research has suggested, with the number of ABSs now topping 1,000. It also showed that 44% of law firms are now incorporated companies, while the number of traditional partnerships shrinking to only 17%.

February 20th, 2018

Suspension for solicitor convicted of texting client in prison

Cell Phone

A solicitor convicted of contacting her imprisoned client by mobile phone – sending him 102 text messages in less than three months – has been suspended from practice. The Solicitors Disciplinary Tribunal found that she was under intense competitive pressure after setting up her own firm and had come to use texting as a convenient way to contact clients.

February 20th, 2018

AI revolution will affect lawyers less than many other occupations, report predicts

Artificial intelligence - cyber digital head

Legal professionals will escape the artificial intelligence revolution relatively unscathed compared to other occupations, with high educational achievement being a key factor, according to a major report on the long-term impact of automation on jobs.

February 20th, 2018

Legal Futures Report

 

The working practices of property lawyers have changed little since the 19th century. Many aspects of the conveyancing process remain offline – documents are still on paper and the data entered manually. The commercial transaction process is laborious, slow and expensive, and both the client and firm are losing out as a result, a maddening […]

Legal Futures Blog

Preparing for the GDPR – What do you need to know right now?

Craig Forsyth

On 25 May 2018, the EU General Data Protection Regulation (GDPR) comes into force. That might seem like a long time, but that’s just over 100 days away at the time of writing. Actually, GDPR was adopted back in April 2016, May 2018 is the end of the two-year grace period. The GDPR brings with it a whole host of changes, and the penalties for non-compliance are higher than ever, either 4% of your annual turnover or £20m, whichever is higher. But how do you prepare? What do you need to change first? Where do you even start?

February 19th, 2018