Blog
Fixed costs and more: a fix that doesn’t fix what needs fixing – part 2
There is still no word from the government as to if, why and how fixed recoverable costs are going to happen. The October deadline for implementation was scrapped and we are now looking at April 2023.
The O’Connors’ law firm leaders survey – the results are in
More than three-quarters of those responding to our law firm leaders survey said their most pressing business concern was recruiting staff, with over a third having difficulties retaining staff.
The drivers of increased matter mobility
Firms can no longer expect clients to stay long term, and so should be ready to transfer clients out and onboard new ones continually. Simultaneously, the war for talent is hotting up.
Have you established a firm-wide third-party referral process?
Many of the financial planning firms we work with have assisted the COLPs of the firms they work with to look at what is important in a selected partner.
Removing the ‘A’ from ALSPs
Given the economic issues with the old staff-up or send-out approach, in-house legal leaders operating in a new cost-controlled environment must find alternative solutions.
Rhyme or reason: the blocking of ABSs in California
In September, the Californian State Legislature blocked alternative business structures, retaining the prohibition of non-lawyers ownership of law firms in America’s largest state.
Is your law firm safe from shadow IT?
When staff in organisations start using online services independently without following their in-house IT team’s approval process, those online services become ‘shadow IT’.
Four ways conveyancing firms can overcome their biggest challenges
Despite the property market going through a significant period of development, with a healthy stream of innovation, the process of moving home is mired by reports of slow and difficult transactions.
This is not a drill – it really is time to embrace the transparency rules
We are close to four years on from the Solicitors Regulation Authority’s introduction of rules on transparency and it has announced it will be checking all firms’ websites in 2022.
What does it take to be a legal technologist?
After a seemingly slow start a decade ago, there has been an explosion of investment, awareness and new job opportunities in legal technology.
Blog
It’s time for law firms to ask tougher questions
For years, many law firms have treated ID verification as a box-ticking exercise. Run a liveness check, match a face to a document and move on. But that is no longer good enough.
Business fatigue to AI will risk job security
Whilst we know professional learning has always been part of career paths, to hire, retain and keep talent, AI needs to be embedded as a core part of this training.
On good authority? GenAI and the reputational risks to law firms
As GenAI’s influence grows, so do the risks which are already playing out in courtrooms across England and Wales, where some early adopters are setting precedents they would rather not.
