Latest news
Meet Keith – the AI-first law firm looking to transform conveyancing
An AI-first law firm that is planning to automate much of the conveyancing process – using AI agents clients can speak to – has raised £2m in seed funding ahead of its launch this summer.
LSB introduces hierarchy in lawyers’ ethical duties
New requirements to strengthen ethical standards now expressly state that lawyers must place their duties to the court and to act with independence, above acting in the best interests of their client.
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.
Blog
How ELD NextGen will improve employers’ liability tracing
The Employers’ Liability Tracing Office is continuing work towards the launch of ELD NextGen, the next generation of the employers’ liability database, in early 2027.
Fifteen years on: Lessons from ABS reform
Fifteen years ago this month saw the very first alternative business structure. At the time, the prospect of non-lawyers owning law firms was dubbed ‘Tesco Law’.
Hybrid working and client money controls – be aware of the risks
For legal finance teams, remote working has changed how information moves, how approvals are obtained and how colleagues communicate.
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