Market monitor


ABS launches desktop tool linking it to big clients

11 July 2019

An alternative business structure set up by an HR consultancy has launched a dedicated case management software tool aimed at integrating large company HR departments with its employment law offering.


Private equity firm buys two leading conveyancing practices

10 July 2019

The battle to consolidate the fragmented conveyancing market has stepped up after a private equity company acquired two of the biggest volume providers in the country.


Knights eyes role as consolidator of independent law firms

10 July 2019

Knights has unveiled strong results for its first year as a listed company and is now looking to “scale” its business model by acting as a consolidator of independent law firms.


Innovation means “asking tough questions and using data”

9 July 2019

Lawyers at high street firms looking to bring innovation into their firm’s cultures have been advised to find space away from day-to-day work pressures and ask if they would do anything different if starting out afresh.


Revealed: Children to be exempt from whiplash portal – for now

8 July 2019

Children and protected parties are to be exempt from the increase in the small claims limit and the new whiplash portal – at least for now – Legal Futures can reveal. We also have more detail on the portal build.


Small is beautiful, say solicitors who downsized from big firms

8 July 2019

Small law firms are appealing places to work for solicitors from larger practices, but growth and credibility are among the concerns, according to a survey.


Traditional law firms must adapt or die, tech GCs warn

4 July 2019

Traditional commercial law firms are “on their death bed” and must change their business models to survive, the general counsel of three leading tech companies have warned.


Property damage “will be covered” by whiplash regime

2 July 2019

The whiplash portal for litigants in person will cover claims for property damage, in addition to personal injury and uninsured losses, the Motor Insurers Bureau has confirmed.


Advice app backed by Slater & Gordon rolls out nationally

1 July 2019

An app that offers users the full range of consumer legal advice and support for up to £24 a month is being rolled out after a pilot saw 70% of users renew their subscription.


ABSs having “direct and positive impact” on legal market – LSB

1 July 2019

Alternative business structures continue to have a “direct and positive impact” on the legal market, the oversight regulator has said, while there are “signs of improvement” at the Legal Ombudsman.

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The proposed 29%, or £25m, increase in the Solicitors Regulation Authority’s budget announced last week should really come as no great surprise.


The hidden risks in client account reconciliations

The client account reconciliation process will be second nature to most people in legal finance – and so is also a potential area for a problem to be undetected until it becomes serious.


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