Latest news
City solicitor charged with five counts of insider dealing
The Financial Conduct Authority has charged a City solicitor with five counts of insider dealing while working on a listed company’s acquisition.
Most consumers think they should keep interest from client accounts
A majority of clients believe that they should keep interest earned on client accounts, research for the Legal Services Consumer Panel has found.
Probate firms form partnership to formalise succession plan
A specialist private client law firm in the Midlands has launched a model to help other practices facing succession issues after announcing a deal with a probate firm in Plymouth.
Legal Ombudsman: Targets missed but getting better
The Legal Ombudsman continued to miss its key timeliness targets over the last year – but by less than the previous 12 months, its annual report has shown.
Tributes paid to Matthew Maxwell Scott
Tributes have poured in for Matthew Maxwell Scott, CEO of the Consumer Legal Association, who died suddenly at the weekend at the age of 49.
Master wrong to rely on solicitor’s evidence, says judge
A deputy master was wrong to give weight to witness statements from a defendant’s solicitor that “strayed well beyond what she could legally give evidence about”.
Barrister disbarred for multiple motoring offences
A barrister convicted of drink driving before the pandemic and twice convicted of driving while disqualified five years later has been disbarred.
General counsel see lower bills as main benefit of AI
General counsel see cost savings as the most important benefit from external law firms’ use of AI, according to research which advises firms to address the issue head-on.
Knights hails “return to organic growth” as turnover tops £200m
Listed law firm Knights yesterday reported a “return to organic growth” in its last financial year as part of a 28% bump in revenues to almost £208m.
Law firms saving on PII as “favourable” market continues
Law firms have been spending a smaller share of their revenues on professional indemnity insurance and those turning over £5-10m are saving the most.
Blog
Could unpredictable AI costs finally lead firms to true value pricing?
For years, the legal profession has talked of moving away from the billable hour to value-based pricing without quite managing it.
Is your Google Ads budget funding your competitors’ AI visibility?
If your cost-per-click has crept up again this year, you’ve probably assumed the market simply got more expensive. That’s the wrong way to read what’s happening.
Containing the spread of unapproved AI
Nearly 60% of fee-earners admit to using unapproved tools (like free versions of ChatGPT). Yet 68% of firm leaders are confident there is zero risk of unapproved AI being used for client work.
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