Blog
Cautioning the legal sector: AI is a tool, not a panacea
Law firms are being swayed by the promises of artificial intelligence to automate routine work, deliver faster results and potentially provide greater value to clients.
How far will the SRA go with its new wellbeing guidance?
For all the talk around wellbeing in the workplace, burn-out continues to plague the legal profession at an alarming level, with more reports of lawyers struggling with heavy workloads and toxic cultures.
How are you preparing for the incoming ‘failure to prevent fraud’ offence?
Following the government’s announcements of the impending ‘failure to prevent fraud’ offence amendment to the Economic Crime and Corporate Transparency Bill, the time to prepare is now.
Powering growth: a strategic approach to making acquisitions
After a slowdown at the end of last year, 2023 continues to see a considerable appetite for M&A amongst law firms, not least Allen & Overy which has announced one of the biggest transatlantic deals ever .
Why law firms must start using the F word
Years ago, law firms took a naive and simplistic view of fertility, offering many of their female employees egg freezing and fertility ‘MOTs’, a monstrous and much-hated phrase.
Content creation: Is AI the future?
Sitting down to write this article about how artificial intelligence is changing marketing, I briefly wondered if I could ask ChatGPT to write it for me instead.
Interest rate increases and law firm cash flow
Law firms should be exploring options to earn additional income and, with interest rates hitting 4.5% earlier this month, one option is to review the interest rates they are receiving on client funds.
SME law firms: why time is ticking for the billable hour
The move towards alternatives to hourly billing is mostly being driven by clients who are now seeking out firms that offer – among other things – results, value for money and no unexpected extras.
Anxiety is not just for Mental Health Awareness Week
Anxiety, the theme of this Mental Health Awareness Week, is pervasive amongst legal professionals and is one of the top three reasons people turn to LawCare for emotional support.
Do you have customers or clients?
Calling a customer a client does not make them one, even if you consider them to be. Only the individual or individuals can truly decide whether they consider themselves a client of your legal practice.
Blog
From ‘year zero’ to £6.5m – how a law firm found its second life
In 2018, I hit what I call ‘year zero’. On paper, Olliers Solicitors was a top-tier criminal defence firm but beneath the surface, I could see we were at a crossroads.
Linklaters’ chief growth officer takes the ‘blank sheet’ challenge
In the third and final part of this series, Lucy Murphy, chief growth officer at magic circle firm Linklaters, outlines her vision for the law firm of the future.
The ‘blank sheet’ challenge, part 2 – what would you do differently?
In the second part of this blog series, Shainul Kassam, managing director of small London firm Fortune Law, sets out how she would set up a law firm now.
