Company & Commercial
Legal market’s strong growth in 2024 set to continue this year
The UK legal services market grew by 10% to £52bn last year and is heading towards a strong 2025 too, according to new research.
Exclusive: Australian firm eyes major UK expansion with PE backing
An Australian law firm offering SMEs unlimited, on-demand legal services on a subscription basis is set to expand its UK operation after taking private equity investment.
Court allows City giant to progress ex-client’s claim on assignment
A major City law firm can continue bringing a case it took on assignment from former clients which could mitigate a possible professional negligence claim.
“Accusation without evidence” – tribunal slams SRA prosecution
The Solicitors Disciplinary Tribunal has castigated the Solicitors Regulation Authority for prosecuting a law firm and two partners based on “accusation without evidence”.
Innovative law group looks to upset competition with AI pricing
A legal business has pledged only to charge clients a “small mark-up” on services provided by AI, predicting that other law firms would “hate” it doing this.
Post Office scandal shows boards “need to oversee legal risk”
The Post Office scandal shows that company boards need to have “responsible oversight of legal risk” and not show “excessive deference” to legal advice, according to the IoD.
Embracing the Madness – firm begins acquisition push with music practice
A London law firm with a host of high-profile clients is targeting more acquisitions after bringing in a boutique practice particularly well known for its entertainment work.
London law firm takes stake in esports talent management agency
A London law firm has launched a talent management agency for esports and gaming professionals, in partnership with an established esports business.
Commercial firm launches all-embracing legal platform for SMEs
A national law firm has launched a legal platform aimed particularly at SMEs, which combines document generation with training, a ‘knowledge bank’ and advice from its lawyers.
Solicitor launches legal platform for recruitment businesses
A solicitor and former recruiter, and founder of a law firm which works entirely for recruitment consultancies, has launched an online platform to protect them from disputes.
Blog
Amplifying reach through employee-driven thought leadership
Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.
Divorce escrow: asset sales before final settlement
When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.
AML lacks clarity – and standards are suffering
If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.
