Blog
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.
Should the Wills Act 1837 be revoked to prevent predatory marriage?
One of the issues currently being considered by the Law Commission (and by the Law Society and STEP) is whether marriage should no longer automatically revoke a will.
Blog
Regulate sole practices on evidence, not turnover
For a sole practice, the SRA’s plan that I cannot hold a compliance role if my firm has more than £600,000 of turnover is not a measure of risk. It is a ceiling on growth.
Is Google becoming pay-to-play for law firms?
For years, law firms have been told that SEO is the long-term alternative to paying for every click. That principle hasn’t disappeared but search results have changed significantly.
Material information and the case for intelligent client onboarding
Upfront information means work traditionally undertaken after an offer is accepted will need to happen earlier. And that fundamentally changes the role of client onboarding.
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