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Law firms should be on their toes, at least considering or preparing strategies to understand or even enter new virtual worlds if they haven’t already started to activate them.

Paralegals are the backbone of the UK legal sector, with many lawyers simply unable to do their jobs without the support of skilled paralegals. An estimated 100,000 paralegals work in the UK.

What should the external counsel relationship look like in 2022? GCs want a level of service that extends well beyond technical legal advice and support. But are law firms really ready to respond?

A brand refresh, particularly one that amounts to a full rebrand involving a change to the name and visual identity, is not something to be undertaken lightly.

Let’s assume that the scary part is over, and you’ve started your own law firm. Congratulations! It’s now time to turn to the next burning issue: how to get clients for a firm that no one has heard of.

Cyber-attacks are not the only threat to law firms’ data. Incidents like power outages, equipment failures, terrorist attacks and natural disasters all pose a risk to business data and infrastructure.

There are two questions: firstly whether AI itself actually exists and secondly, whether the businesses that purport to be selling AI services are actually ‘AI washing’.

As a youth in the 80s, I never had much success with “actually I’m in insurance” as a chat-up line. It evoked the image of a corporate pencil pusher living for their retirement.

We are seeing some evidence of law firm buyers taking a more cautious approach to the way they structure deals and conduct their due diligence.

Insurance market cycles usually work in peaks and troughs, and are sensitive to interest rates – when rates are high, many write for volume so they can earn decent returns from the money they have banked.