Market monitor


Self-insurance ABS plans overseas expansion within global group

25 August 2021

A niche ABS owned by a global insurance giant plans to take its service advising large companies on self-insurance schemes to other countries in which its parent operates.


From Cardiff to Norwich, Southampton to Newcastle – Knights eyes more M&A

14 July 2021

Listed law firm Knights is eyeing up acquisition opportunities across England and Wales after its performance rebounded strongly in the second half of the year to take turnover over £100m.


“Extraordinary things are happening” outside of traditional law firms

12 July 2021

Professor Richard Susskind’s claim that the current model of alternative legal services providers has not delivered and needs to be rethought is premature, the boss of Radiant Law has argued.


Listed compliance and risk business snaps up another law firm

5 July 2021

Listed company Marlowe has continued the rapid expansion of its employment law business by buying law firm Cater Leydon Millard for £2.25m – its second acquisition in three months.


Back to the future for QualitySolicitors as Metamorph buys network

1 July 2021

QualitySolicitors is set for rejuvenation as a national network of law firms after being acquired by consolidator Metamorph Group, which aims to triple its membership.


Divorce firm looks to shake up field with fixed fee for whole process

25 June 2021

A freelance solicitor has teamed up with a former KPMG partner to launch a divorce business that guarantees its fixed-fee quote for the whole process, including ancillary relief.


In-house lawyers will have to deliver more for less, survey finds

25 June 2021

Almost two-thirds of in-house legal departments are predicting increased workloads, despite most anticipating no increase in staff numbers and almost half expecting budget cuts.


Lawyer pair behind Anexo set to pocket another £61m

23 June 2021

The two lawyers behind Anexo Group PLC will pocket at least £61m from selling their remaining stakes in the business if a proposed takeover goes through, having made £46m earlier this year.


Media law firm’s 200-person IP protection spin-off is sold

23 June 2021

An online brand protection provider spun out of leading media law firm Wiggin has been sold to a company which helps brands manage their intellectual property globally.


Top firms “need to get clients paying faster” to prepare for next crisis

14 June 2021

The top 50 law firms had nearly £6bn of unpaid client invoices on their balance sheets last year and would be better prepared for another crisis like Covid if they reduced this, an analysis has argued.

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Blog


A new route to practice rights for chartered legal executives

Following approval from the Legal Services Board in May 2022, CILEx Regulation has launched an alternative route for chartered legal executives to obtain independent practice rights.


NFTs, the courts and the role of injunctions

In May, news broke that a non-fungible token was the subject of a successful injunction made by the Singapore High Court. The NFT in question is part of the very valuable Bored Ape Yacht Club series.


Matthew Pascall

Low-value commercial cases – an achievable challenge for ATE insurers

There are many good claims brought for damages that are likely to be significantly less than twice the cost of bringing the claim. These cases present a real challenge for insurers.


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