Latest news
Survey: rents and indemnity premiums threaten health of small firms, making merger attractive
The turnover of SME law firms in London and South East rose by 4% this year, according to an annual benchmarking survey by accountants HW Fisher & Co. However, the survey warned that rising overheads would continue to put pressure on profits.
Quindell in freefall as it loses 20% of share value for second day running
Alternative business structure Quindell plc suffered another day of dizzying collapse in its share price on Tuesday, with a second consecutive 20% fall. The AIM-listed legal outsourcing business has now lost more than half of its value in just three weeks.
LeO can hold successor firms to account for inherited complaints, High Court rules
The High Court has ruled that a law firm cannot escape responsibility for handling complaints relating to a sole practice with which it merged. It said that as Kerman & Co had enjoyed the benefit and goodwill of the deal, it also had to accept the burden.
Exclusive: Holt to join LegalZoom
QualitySolicitors founder Craig Holt is joining online legal business LegalZoom – which claims to be the best known legal brand in America – to spearhead its UK expansion, Legal Futures has learned.
Legal Futures report: City firms embracing innovation
City law firms have quietly embraced innovation in the way they deliver legal services, but are going to have to face up to greater change in the coming years, the first Legal Futures Special Report has concluded.
CBA campaign for level playing field “not a cry for war” with solicitor-advocates
A new Criminal Bar Association campaign to ensure that barristers and higher court advocates compete on a “level playing-field” does not amount to a “cry for war”, its chairman has said.
More woe for Quindell as shares tumble another 20% in a day
The share price of AIM-listed alternative business structure Quindell plc tumbled 20% yesterday as the company sought to reassure investors over the details of three directors’ dealings in the shares.
Hodge Jones & Allen embraces predictive modelling for PI work
London firm Hodge Jones & Allen has teamed up with a leading academic to pioneer a predictive model of case outcomes that will enable the firm to better assess the viability of its personal injury caseload.
Barristers urged to grab litigation opportunities after “modest” beginning
Just 129 barristers have so far taken up the opportunity to conduct litigation since the restriction was removed in January, it has emerged, but one of the first to do it has described the move as “a real opportunity for the Bar”.
End of an era as Holt departs QualitySolicitors
Craig Holt, the founder of QualitySolicitors, has left the law firm network, it has been confirmed. Mr Holt founded the company in 2008 with Saleem Arif, who we understand left the business some months ago.
Blog
Mazur: a symptom not a cause?
If Mazur is a symptom, what does it mean for the underlying health of our civil justice system: the ‘finest legal system in the world’?
Cross-generation collaboration: the key to in-house legal tech adoption
In-house legal function leaders will increasingly have to evolve their thinking on how to manage multigenerational teams containing differing levels of technological expertise.
AI and law firm risk – the view of professional indemnity insurers
In considering law firm applications for cover, many insurers will expect to see evidence of how firms are adapting to AI and preparing for the future.
