Latest news
PE-backed firm sees capping billable hours as key to growth
A law firm that limits its solicitors to 25 billable hours a week has seen annual growth of 40% over the last two years.
MPs probe chair-elect of LSB over conflict of interest risk
MPs yesterday grilled the prospective chair of the Legal Services Board over a potential conflict of interest with her existing role as chair of King’s Counsel Appointments.
Listed law firm eyes biggest acquisition
Listed law firm Knights has confirmed that it is in talks with a leading South-East practice in what would be by far the biggest deal it has ever done.
Ex-manager who failed to refer work to law firm has to repay debt instead
A tax specialist owes his former law firm £204,000 in overpayments he received while an employee after failing to refer work that would cover his debt, the High Court has ruled.
No strike-off for solicitor’s “spontaneous dishonesty”
A solicitor who signed a deed as a witness to a signature when she had not actually been present has escaped being struck off.
Half of clients think AI can replace solicitors
As many as half of law firm clients believe that AI can replace a qualified solicitor, although most say this would only be for routine matters.
Search fund buys conveyancing and private client law firm
An investor-backed search fund has acquired a conveyancing and private client law firm as the start of a ‘buy and build’ strategy aimed particularly at SME practices with succession issues.
Three-quarters of SDT cases take longer than six months
Only 24% of Solicitors Disciplinary Tribunal cases concluded within six months last year, according to new figures from the organisation.
Research highlights how even-handed Commercial Court judges are
There is no “statistically meaningful bias” by Commercial Court judges towards claimants or defendants, a report has found. Claims values, meanwhile, have surged.
Use of smart data in homebuying “could generate £14bn for UK”
Using smart data in the homebuying process could generate over £14bn for the UK over a 15-year period, the Department for Business and Trade has estimated.
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.
