Blog
Lawyers who break AML rules face bigger, more public fines
Last month, two all-party parliamentary groups published a joint economic crime manifesto that sets out a “comprehensive list of pragmatic reforms” designed to tackle the UK’s dirty money crisis.
Using artificial intelligence in the legal profession
Applying AI technology to law firms involves the use of computers, algorithms and big data so that they can function competently, successfully and with foresight in their business environment.
How pricing directors use matter management to ensure profitability
Growing profitability on the back of strong growth in 2021 is a key focus for firms in 2022, and legal pricing teams are at the cutting edge of delivering that profitability.
What is it with the billable hour?
Is the billable hour to charging what democracy is to governance? Not the best, simply the least worst? Its death knell has been sounded on numerous occasions, and yet it is still firmly with us.
Fixed costs – a fix that doesn’t fix what needs fixing
I understand that there is an argument for reform of clinical negligence claims. However, I believe it is not the system and its associated costs that need to change.
Tech tips for lawyers: 10 ways I’ve improved my workspace in 2022
With a little turn-of-season pep in my step, I turned my attention to my physical and virtual workspaces (temporarily avoiding my partner’s suggestions to clean the basement).
A year of the OIC – how do we judge success?
Has the Official Injury Claim portal had a successful first year? It’s the obvious question today as we mark the anniversary of the crackdown on whiplash claims, but the answer is complicated.
Should we rethink the ‘standard’ work week?
If you’re in Camp Never-Stops, you may view your daily grind as a badge of honour. But from the outside looking in, I see an engine pushed hard and showing signs of failure.
Why a digital-first mindset is crucial for successful hybrid working
A report from the Chartered Management Institute found that over 80% of managers said their businesses had adopted hybrid working. This is certainly reflective of the legal sector.
Is your law firm protected from ransomware attacks?
Ransomware attacks can have devastating consequences for law firms, including financial losses and reputational damage – and it’s not just the large firms that are being targeted.
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.
