Market monitor


Entrepreneur launches campaign to help litigants in person

12 December 2018

An entrepreneur who successfully lobbied for changes in how the Foreign Office handles missing people has launched a new campaign to support litigants in person.


New ABS combines legal and accountancy advice

10 December 2018

A litigation-focused legal and accountancy alternative business structure, which opened for business this month, is set to benefit from an “explosion” in contested probate cases.


Law firms need to offer “holistic services”, says Glaisyers boss

10 December 2018

Law firms of the future need to offer clients a “holistic service” beyond just legal advice, according to the boss of a law firm bought by a multi-disciplinary European network last week.


Innovation in law – it takes “sweat, risk and stubbornness”

6 December 2018

The founder of pioneering alternative business structure rradar has described innovation in the legal sector as “sweat, risk and stubbornness”. It is now lining up acquisitions to aid growth.


Manchester law firm bought by global multi-disciplinary network

5 December 2018

Manchester law firm Glaisyers is set to become a multi-disciplinary practice for SME clients after being acquired by a consortium led by an international network of professional service firms.


Latest reorganisation seeks to build “Future Law Society”

5 December 2018

The Law Society is undergoing its latest internal reorganisation, with the aim of creating “the Future Law Society” by 2022. It also wants solicitors to focus on work that cannot be automated.


Another acquisition for Simpson Millar as growth strategy kicks in

4 December 2018

Private equity-owned national firm Simpson Millar has increased its staff to over 500 and extended its reach in the North-West with the acquisition of a Lancaster-based general practice.


London law firm in employee ownership first

3 December 2018

Hodge Jones & Allen has become the first law firm to be entirely owned by its employees like retailer John Lewis after its equity partners agreed to sell the business to an employee ownership trust.


Big Four accountants “a force that no law firm can match”

3 December 2018

Sir Nigel Knowles has warned the top commercial law firms that the big four accountants are “a force that no law firm can match” in their ability to invest in capital projects.


Dispute with ATE insurer sent PE-backed law firm insolvent

30 November 2018

A dispute with its former after-the-event insurer was the key factor in private equity-backed Roberts Jackson becoming insolvent and being sold in a pre-pack, it has emerged.

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Blog


Modern search is about ‘knowledge’ retrieval

Search has long been understood as data retrieval – the ability to call back information and check a box on finding something. Legal professionals today need more of a 360-degree view on a matter.


Lessons from Sir Keir Starmer for SRA chief

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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