Market monitor
Wellbeing and cost of practice worrying barristers
Experienced barristers are largely confident for their own futures but face challenges around wellbeing, the rising cost of doing business and the late payment of fees, a major survey has found.
MoJ: Still no whiplash rules but April remains the plan
The Ministry of Justice continues to insist that the whiplash reforms will come into force in April, even though the rules which will enable lawyers and compensators to prepare have still not been published.
Knights enters Yorkshire as firms line up to be bought
Fast-growing listed law firm Knights is moving into Yorkshire this month as its chief executive says he is receiving an increasing number of approaching from potential acquisitions.
Big law firms having to become multi-disciplinary, report finds
The biggest international law firms being driven by their clients towards a multi-disciplinary “integrated solutions” approach to delivering legal services, a report has found. But it won’t be easy.
Ince set to raise £16m to fuel growth
Listed law firm Ince Group raised £12m through a placing today – with a further £4m in the pipeline – in a bid to support growth and its balance sheet, but saw its share price crash as a result.
Pioneering listed law firm and staff reap rewards
The country’s first listed law firm will continue to diversify its offering, it said today as it unveiled a strong set of half-year results that showed how partners and staff are benefiting too.
Barristers to lose out from Iraq claims firm’s liquidation
Barristers instructed by now-defunct Birmingham law firm Public Interest Lawyers are set to lose out significantly from its liquidation, although its collapse may yet spark legal action.
New ABS aims to improve on fee-share model
The founders of a new consultant-led law firm are aiming to challenge not only the traditional law firm model but also the current fee-share models which have evolved over recent years.
City firms risk breaking rules with onshore centres
City firms with ‘onshore’ offices in cities such as Belfast and Manchester are breaking professional rules by not making it clear to clients where the work is being done, groundbreaking research has suggested.
PI firm saved in pre-pack sale amid merger deals
A personal injury law firm in Preston has been saved following its sale out of a pre-pack administration as the weeks before Christmas saw more mergers around the country.
Blog
Small steps, big impact: how SME law firms are making legal tech work
For SME law firms, the priority is turning the potential of tech into measurable impact: success is driven not just by the technology, but by how firms approach planning and implementation.
Why housing disrepair claims against councils have leapt by nearly 400%
Housing disrepair claims against councils have surged dramatically in recent years, with some areas reporting increases approaching a staggering 400%.
Client accounts: Opportunity, obligation and the risks in between
The profitability gap between well-run firms and the rest is not primarily a function of size, location or practice area – it is a function of financial management.
