Market monitor
Turnover and profits down at bullish NAHL
Revenue and profits were down last year at NAHL plc, the company behind National Accident Helpline and owner of three alternative business structures, its annual results showed today.
Research presses case to offer legal advice alongside healthcare
Providing legal advice services in healthcare settings can both improve access to advice and support health services to manage non-clinical demand, but current provision in 380 centres is poorly funded.
The gory tale of Ince: £34m in debt as partners refused bail out
City firm Ince & Co owed creditors £34m when it was sold in a pre-pack and went into administration, after partners refused to bail it out, it has emerged.
First ‘teaching law firm’ celebrates benefits to students and clients
The ground-breaking ‘teaching law firm’ set up by Nottingham Law School has recovered more than £3m in benefits and compensation for clients since it was set up nearly five years ago.
Four investments and counting – PE house eyes more law firms
The private equity investor that now has stakes in four law firms is on the lookout for more, it has told Legal Futures. Earlier this month, BGF made a “multi-million pound” investment in two practices.
More than 200 DWF partners to benefit from listing
More than 200 partners of DWF are selling shares as part of this week’s stock market listing, it has emerged. They will initially receive £19.5m collectively for selling a small proportion of their shares,
DWF hits London Stock Exchange this week valued at £366m
Shares in DWF will start trading publicly on Friday at a price that values the international law firm at £366m, the lower end of expectations, it was announced this morning.
Solicitors worried about impact of new SRA rulebook
Nearly two-thirds of solicitors at smaller firms are concerned about the impact of the Solicitors Regulation Authority’s new rulebook, and much more than about Brexit, research has found.
ABS owner’s share price crashes after major contract loss
Redde – the accident management group that owns two alternative business structures – saw nearly a quarter of its value wiped out on Friday after losing a major contract.
Non-legal services and growth plans – ABSs keep on coming
One alternative business structures combining conveyancing and mortgage advice, and other bringing together legal and corporate finance services are among a range of new licencees.
Blog
Law firms need to go beyond document checks
At the root of every failed compliance review is a familiar phrase: a calm assertion of “but we did a document check”.
How you respond to mistakes matters more than the mistakes themselves
Mistakes in legal practice are inevitable. What truly differentiates well-run firms from those that stumble is not whether mistakes occur, but how they are handled when they do.
Litigation finance is not one product. It’s a strategy
Across the consumer claims market, litigation finance has developed into a broader set of funding options that can support different stages of a case.
