Market monitor


Land Registry fails to hit target for reducing lawyers’ errors

26 September 2019

HM Land Registry has not met its target to reduce the number of requests for information that it has to send to law firms that have submitted incomplete or inaccurate information.


Two-thirds of divorce clients pay fixed fees

25 September 2019

Almost two-thirds of divorce and separation clients now pay fixed fees, but less than half of them end up paying the price quoted at the start, a report has found.


Keystone share dip shows market contagion risk

24 September 2019

Investors have still to understand the legal market fully, according to the chief executive of listed law firm Keystone, which suffered market contagion last month because of problems at a litigation funder.


Labour pledges £74m for lawyers, law centres and legal aid

23 September 2019

The Labour Party has pledged to spend £74m to provide free legal training for 200 community lawyers, establish more law centres, and reverse all the cuts to legal aid-funded Early Legal Help.


Lower-cost legal departments spend more on alternative providers

23 September 2019

Lower-cost in-house legal departments spend three times more on alternative legal services providers and twice as much on training, research has found.


Defendant solicitors worry about PI reforms delay

19 September 2019

A leading insurance law firm has outlined worries that the Civil Liability Act reforms will not be implemented in April 2020 as currently planned.


ABS Carbon opens platform to own-brand start-ups

19 September 2019

A virtual firm alternative business structure aimed at top-end solicitors approaching retirement is white labelling entities to groups of lawyers or overseas practices looking to start up under their own brand.


Third “and probably last” ABS joint venture for NAHL

18 September 2019

NAHL plc – the company that owns National Accident Helpline – has unveiled its third, and probably last, joint venture alternative business structure as it prepares for next year’s personal injury reforms.


Exclusive: Future of BT’s ABS under scrutiny

16 September 2019

The future of BT Law is under scrutiny as the communications giant that owns the alternative business structure moves to focus more on its core business, Legal Futures can reveal.


Listed firm diversifies with £22m corporate finance deal

16 September 2019

City firm Rosenblatt has made its first acquisition as a listed business – and begun diversifying away from legal services – by spending up to £22m on a specialist sell-side corporate finance boutique.

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Blog


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Alternative dispute resolution comes to credit hire

Following an initial pilot in 2025 that returned encouraging results, phase 2 of the GTA ADR scheme is due to begin in September 2026.


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.


Reports


Report Cover
The legal sector is enjoying its strongest period of growth in 15 years, driven by private equity investment, merger and acquisition activity, AI and a wave of new business models The Law Firm Growth Report explores the strategic choices facing… Read More

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