Latest news
Latest firm to go under after failing to find insurance costs 34 jobs
The toll of firms failing to renew professional indemnity insurance continues to rise, with another 34 people losing their jobs after home counties firm Hilliers HRW LLP called in administrators.
Personal injury ABS makes marketing for other professionals its long-term goal
A sole practitioner has joined forces with a claims management and marketing company to form an alternative business structure with the eventual goal of providing marketing for a range of professionals, including lawyers and accountants.
SRA dismisses questions over need for OFR
The Solicitors Regulation Authority has hit back over a report questioning why it introduced both entity and outcomes-focused regulation, saying it was acting in the interests of both consumers and lawyers.
SRA discovers more firms without insurance as 117 face closure next week
The Solicitors Regulation Authority (SRA) has found a further 17 firms that have still not secured professional indemnity insurance, taking the current total facing closure next week to 117.
Two years into OFR and now LSB research asks: why did we need it?
The move by the Solicitors Regulation Authority to embrace entity-based and outcomes-focused regulation is hard to understand, major new research commissioned by the Legal Services Board and Law Society has claimed.
Criminal law barristers urged to embrace new business structures to survive
Criminal law barristers need to consider significant changes to their business models if they are to remain competitive, the Legal Services Board has argued. It said liberalisation is one of the reasons the government does not need to intervene in the criminal advocacy market.
Solicitors pass motion of no-confidence in Law Society president and chief executive
Solicitors today passed a motion of no-confidence in the president and chief executive of the Law Society over their handling of negotiations with the Lord Chancellor about changes to criminal legal aid. The society’s ruling council is now meeting in emergency session to debate its response.
Firm launches ABS spin-off after pledge of multi-million pound recovery work
An international law firm has launched a start-up alternative business structure to carry out recovery work after being promised cases with a debt value of £40m by existing corporate clients.
Law Society SGM: battle lines drawn as at least 600 solicitors head to Chancery Lane
An unprecedented wave of specialist criminal law solicitors is set to converge on Chancery Lane tomorrow, when the special general meeting to debate a motion of no confidence in the Law Society’s handling of government legal aid reforms is held.
Exclusive: US tech business bidding to re-engineer divorce process targets UK expansion
A US company looking to re-engineer the divorce process through an innovative technology platform and process has laid out its plans to come to the UK, Legal Futures can reveal. Wevorce recently raised $1.7m (£1m) in new funding.
Blog
Small steps, big impact: how SME law firms are making legal tech work
For SME law firms, the priority is turning the potential of tech into measurable impact: success is driven not just by the technology, but by how firms approach planning and implementation.
Why housing disrepair claims against councils have leapt by nearly 400%
Housing disrepair claims against councils have surged dramatically in recent years, with some areas reporting increases approaching a staggering 400%.
Client accounts: Opportunity, obligation and the risks in between
The profitability gap between well-run firms and the rest is not primarily a function of size, location or practice area – it is a function of financial management.
