Latest news
Listed legal business sells litigation funding arm for £3m
Listed legal business RBG Holdings has sold its litigation funding arm for up to £3.1m, having last year had to write off £4m after two of the cases it invested in were lost.
Two-thirds of large law firms researching generative AI
Nearly two-thirds (64%) of large law firms in the UK are exploring the potential of generative artificial intelligence (AI), along with around a third of smaller firms, a report has found.
“Women will suffer” warning as CA hears divorce costs funding case
The future of litigation funding in divorce cases – which new figures from law firms show mainly benefits women – is in the balance as the Court of Appeal hears a crucial appeal.
£1.8m grant to help SME law firms “make sense” of tech market
A project to help around 60 SME law firms navigate a “confusing” market and adopt digital technology has been launched with £1.8m in government funding.
LSB bids to reduce regulatory barriers to tech adoption
Regulators need to bring down the barriers to technology adoption and innovation in the interests of reducing unmet legal need, the Legal Services Board has said.
Mentoring scheme aims to help firms retain Black lawyers
A mentoring scheme involving qualified Black lawyers and senior lawyers in other law firms aims to help firms retain Black lawyers as well as understanding the obstacles they face.
Solicitors to pay extra £13.5m to Law Society and SRA
Individual solicitors and their firms will have to pay an extra £13.5m to be regulated and represented in the coming year, it emerged today.
Dip in proportion of consumers shopping around for legal services
The proportion of consumers who shop around for lawyers has fallen for the first time in 12 years, but the use of unbundling is on the rise, according to new figures.
Knights raises fees as it looks to restart organic growth
Listed law firm Knights said yesterday it was on course to return to organic growth this year after revealing that the 13% increase in revenues for the last 12 months came from acquisitions.
Small firms at heart of AML reports made by SRA
The Solicitors Regulation Authority reported transactions potentially involving money laundering worth over £75m to the National Crime Agency in the last financial year.
Blog
The cost of systemic failure and childbirth injuries
Recent reports show that the NHS has paid almost £3.5bn in medical claims around childbirth injuries over the past six years.
Mazur: when regulators make simple things complicated
What the last six months have shown is that supervision cannot be treated as a background compliance obligation quietly managed somewhere in a firm’s operational processes.
How unstoppable AI is reshaping UK legal practice
At a time when most technology innovation still flows from the US and China, UK lawtech is attracting growing international attention and capital.
