Market monitor


Law firm mergers “not a time for consensus”

11 June 2021

Mergers of law firms are “not a time for consensus because decisions must be made” and the fact partners may have to cede control “must be debated and not hidden”, a report has warned.


Dentons secures private equity backing for global advisory business

11 June 2021

The world’s largest law firm, Dentons, has launched a standalone advisory firm backed by private equity with the aim of building a vast multidisciplinary offering across the globe.


Lawyers fed performance-enhancing drugs in Law Society dystopia

9 June 2021

More than half of legal services workers will lose their jobs and those that remain will be forced to take “performance-enhancing medication”, a “disruptive” vision of 2050 has envisaged.


Shoosmiths spins debt practice into joint venture ABS

4 June 2021

National law firm Shoosmiths has spun its debt recovery practice into an alternative business structure joint venture with collections, recoveries and enforcement company Chartsbridge.


Slater & Gordon launches “revolutionary” digital legal services offering

1 June 2021

Slater & Gordon has launched ‘miplatform’, what it says is a ‘first of its kind’ digital legal service that enables clients to progress their matters with little or no direct contact with a lawyer.


Consolidator and investor target IPs handling distressed law firms

28 May 2021

An acquisitive North-West law firm and a private equity investor have joined forces to offer a service for insolvency practitioners looking to sell distressed consumer practices.


Consumers willing to use lawyer anywhere in country, research finds

26 May 2021

The proportion of consumers going on review websites to help find their lawyer has hit double figures, while a majority would use a firm anywhere in the country, research has found.


DWF shares return to pre-Covid levels on back of profits and bolt-ons

26 May 2021

Shares in DWF jumped 12% to their pre-Covid level after the only law firm listed on the main London Stock Exchange revealed a strong performance in the last financial year.


NAHL to exit conveyancing as it targets PI law firm growth

25 May 2021

NAHL plc is set to sell its residential conveyancing business as it looks to focus on growing its personal injury law firm in the wake of a difficult Covid-affected year for the business.


“Startling” – SME firms saw profits per partner rise during lockdown

25 May 2021

A 6% increase in profits per partner recorded by small and medium-sized law firms in the first six months of the pandemic was a “startling outcome”, according to a report.

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Blog


Success in-house – what people don’t tell you about how to get there

TV dramas have made many people think that the legal profession consists of heroes (or villains) in high-flying firms or public prosecution. In reality, nearly a quarter of solicitors work in-house.


The ‘soft landing’ growth strategy for law firms

Increasing demand for ‘hot’ areas of law inspires opportunist law firms to hire more specialists to add to their firepower – the right people at the right time. Yet this is a big ask.


The changing landscape of legal education and online learning

Learning has come a long way since I qualified. There’s a lot more knowledge available about how students learn and how different students learn differently. It’s not one-size-fits-all anymore.


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