Latest news


Move to allow Scottish law firms to access external investment

26 June 2019

Scottish law firms should be allowed to accept external investment, while the title of ‘lawyer’ should be protected, the Scottish government has indicated.


Susskind clashes with MPs on digital exclusion

26 June 2019

Professor Richard Susskind, IT adviser to the Lord Chief Justice, clashed with MPs yesterday over whether the government’s court modernisation programme is doing enough to combat digital exclusion.


Bias still hindering women targeting partnership at big firms

25 June 2019

Only 33% of new partners at Europe’s biggest law firms are women with bias from both male colleagues and male clients the main reason for gender imbalance, a report has found.


LSB agrees to limit price transparency to public access barristers

25 June 2019

The Legal Services Board has approved Bar Standards Board plans which will require public access barristers, but not other self-employed barristers, to publish fees for routine legal services on their websites.


Peers back greater role for Lord Chief in online court rules

25 June 2019

Former Lord Chief Justice Lord Judge yesterday defeated government efforts to limit the extent to which future holders of the post will have a veto over the work of the online procedure rule committee.


Global report: in-house teams “falling behind” on innovation

25 June 2019

General counsel need to embrace technology and innovate in a “seismic” way if they are to endure an increasing bright spotlight from businesses eager to reduce their costs, a report from EY has argued.


Solicitor took £2m of client money in pursuit of “lottery win”

24 June 2019

A former senior partner who plundered £2m from his firm’s client accounts as well as both private and charitable trusts after falling victim to a lottery scam has been thrown out of the profession.


Regulator considers cap on fees charged by personal injury CMCs

24 June 2019

The Financial Conduct Authority is to explore whether to use its power to cap the fees charged by personal injury claims management companies, it has emerged.


Digital conveyancing used to market high-value commercial property

24 June 2019

The march of blockchain-backed property transactions accelerated this week when a high-value commercial building went on the market with online execution offered by a digital estate agent.


AI-backed contract review “decodes obscure language”

24 June 2019

Artificial intelligence has been deployed to bridge the gap between ‘legalease’ and plain English, standardising something that has long been the exclusive preserve of lawyers.

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Blog


From ‘year zero’ to £6.5m – how a law firm found its second life

In 2018, I hit what I call ‘year zero’. On paper, Olliers Solicitors was a top-tier criminal defence firm but beneath the surface, I could see we were at a crossroads.


Linklaters’ chief growth officer takes the ‘blank sheet’ challenge

In the third and final part of this series, Lucy Murphy, chief growth officer at magic circle firm Linklaters, outlines her vision for the law firm of the future.


The ‘blank sheet’ challenge, part 2 – what would you do differently?

In the second part of this blog series, Shainul Kassam, managing director of small London firm Fortune Law, sets out how she would set up a law firm now.


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