Market monitor
DWF closing in on huge stock market listing
International law firm DWF is heading towards its blockbuster stock market listing barring an unexpected economic upheaval, its chairman indicated yesterday.
Gauke hails ABSs and sector’s commitment to lawtech
The Lord Chancellor yesterday hailed the impact of alternative business structures in driving competition and fostering innovation in the legal market.
Levels of innovation in law “stagnating” but future looks better
The level of innovation in the legal market has “stagnated and fallen in some areas” in recent years, but there are a number of encouraging signs for the future, major new research has revealed.
Slater & Gordon backs app offering legal advice for £24 a month
A new app that offers users the full range of consumer legal advice and support for £24 a month is to be piloted in the coming weeks ahead of a roll-out early next year.
Majority of public unaware that will writers are unregulated
Six out of 10 consumers are unaware that will-writers are unregulated, although many people are interested in writing their own wills anyway, new research has found.
Brexit “will not change” UK’s position as global legal services leader
Brexit will not change London and the UK’s position as a global leader in legal services, a City lobby group has predicted, as it reported the revenue at the top 100 firms grew to £24.2bn.
Clients “already turning away from English law” due to Brexit
The risk of a no-deal Brexit is leading some law firms to advise clients to exclude English law from contracts, MPs have been told.
Walker: Justice system risks being relegated to “second division”
The government risks the UK legal system being “relegated to the world’s second division, at the worst possible time” because of Brexit, the chairman of the Bar Council has warned.
Listed law firms on the up after successful acquisitions
The UK’s first listed law firm, Gateley, is expecting its annual revenue to top £100m for the first time, at least a 20% increase in turnover, it told the stock exchange today.
Civil Liability Bill heads for Royal Assent amid savings doubts
The Civil Liability Bill overcame its final parliamentary hurdle yesterday as a leading insurer admitted that the £35 reduction in motor premiums might be swallowed up by other costs.
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.
