Market monitor

Heat rising over SRA plan for solicitors in unregulated firms

24 September 2018

The Legal Services Board has received unprecedented lobbying against the Solicitors Regulation Authority’s plans to allow solicitors to practise from unregulated businesses.

ABS owner given $500m to invest by private equity giant

21 September 2018

A global ‘enterprise legal services company’ that effectively owns a London-based ABS is set for massive growth after Europe’s biggest private equity house took a majority stake.

“No way” whiplash portal will be ready for April 2020

20 September 2018

There are considerable doubts about whether the Ministry of Justice will meet its April 2020 target to introduce the whiplash reforms, this week’s PI Futures event heard.

NAH to unveil “small claims ready” law firm next year

18 September 2018

NAHL plc, the company that owns National Accident Helpline, is to launch its “small claims ready” law firm next year, now that the government’s personal injury reforms have been put back.

Listed law firm launches litigation funding subsidiary

18 September 2018

City law firm Rosenblatt has launched a standalone litigation funding business with an initial £2m cash injection from the money it raised from its stock exchange listing in May.

Pro bono charity to launch website providing initial advice

17 September 2018

A charity supporting volunteer work by lawyers and law students is to launch a ‘virtual pro bono clinic’ via the internet, focusing on initial and one-off advice.

Co-op: We’re now the UK’s largest probate provider

14 September 2018

The Co-op has declared itself the largest provider of probate services in the UK as its financials continue to improve. Legal services turnover in the first half of 2018 was up 31% and profits quadrupled.

Simpson Millar unveils £50m plan to become leading consumer legal brand

14 September 2018

Simpson Millar has unveiled a five-year £50m growth strategy to become one of a handful of consumer legal brands, starting with the acquisition of Liverpool practice EAD Solicitors.

Tories hold off Labour changes to Civil Liability Bill in 23 votes

12 September 2018

The government stood firm against Labour efforts to amend the Civil Liability Bill yesterday, although indicated that it might move on cases involving children.

Positive start to listed life for one of law’s latest PLCs

12 September 2018

The credit hire and legal services group that floated in June has announced positive maiden results as a listed company as it looks to expand its fee-earning capacity.

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20 September 2018
Simon McCrum

Why don’t lawyers do what you ask them to do?

Having been team leader, department head, division head and managing partner, I understand well the frustration (and anger) that managing partners and CEOs voice to me: “We’ve asked them a dozen times, but still they aren’t doing what we need!”

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