Market monitor
Court modernisation still has long way to go, NAO warns
HM Courts and Tribunals Service has made “good progress” in transforming some services, but there are still “significant challenges” ahead for the court modernisation programme, the NAO said today.
Acquisition fall-out led to firm being sold to consolidator
An acquisition that cost more than anticipated and caused overstaffing was a primary cause of the difficulties that led to a law firm being bought by consolidator AWH Legal, it has emerged.
PI reform enthusiast joins Ministry of Justice line-up
One of the most outspoken backbench supporters of the government’s personal injury reforms has been given a role at the Ministry of Justice that includes advancing the agenda.
ABS plans more growth as it sees PI firms closing
Anexo Group, the listed credit hire and legal services business, is looking to expand beyond road traffic accidents and the North-West and said the demise of other claimant law firms was “great” news.
Solicitors ignoring importance of business skills
There is a “fundamental disconnect” among solicitors between the skills they think they need and the ones they actually need, new research has suggested.
Simpson Millar’s £6.3m loss “does not reflect growth since”
Simpson Millar made a pre-tax loss of £6.3m on a significantly reduced turnover last year – but its owner says the figures do not reflect the national law firm’s turnaround since.
Quindell counterclaim easily passed High Court permission test
The evidence supporting the counterclaim made against Slater & Gordon in its Quindell action easily passed the threshold for allowing it just weeks before the start of the trial, the High Court has ruled.
Claims Direct founder returns with Civil Liability Act offer
A new CMC offering free use of an automated system to handle post-April 2020 personal injury claims caught by the Civil Liability Act reforms has been launched by the founder of Claims Direct.
NewLaw ABS joint venture adds £3m in profit
The alternative business structure run for National Accident Helpline by Cardiff-based NewLaw Solicitors has added £3m in profitability to the law firm, it emerged yesterday.
Axiom ditches listing for private equity investment
Leading alternative legal services provider Axiom Law has announced a “significant” investment from top private equity firm Permira, having previously indicated that it would list instead.
Blog
Beyond the PII premium – rethinking risk
Professional indemnity insurance renewal is often treated as an annual pricing exercise. But it is also a chance to show how effectively you identify, manage and mitigate risk.
The AI governance gap in law firms and why it matters now
A third of law firms are already using AI tools with no formal policy in place to govern how AI gets used, what data goes into it, or who’s accountable when something goes wrong.
Information isn’t oversight – lessons from the PM Law review
The PM Law review’s real findings perhaps point to a failure mode applying to any organisation sitting on scattered risk information.
Reports
Associates
