Market monitor
‘Justice campaign’ needs new approach, say experts
Lawyers have been urged to look at radical new approaches to ‘rebrand’ justice so as to build public and political understanding of its value.
£43m Ince deal to make Gordon Dadds biggest listed law firm
Gordon Dadds is set to become the largest listed law firm in the world by revenue after agreeing terms to acquire City practice Ince & Co for around £43m plus share options.
Biggest client’s “IT disaster” tipped firm into administration
A “disastrous IT failure” suffered by a law firm’s biggest client tipped it over the edge into administration and a pre-pack sale to fast-growing national firm Taylor Rose TTKW.
National chambers expands into Ireland as Brexit looms
National chambers Clerksroom has recruited two barristers based in County Mayo, Ireland, in expectation of a lot of legal work arising from Brexit.
Warning over Civil Liability Bill litigation risk
The government will need to fill in the detail of the Civil Liability Bill carefully to avoid a new outbreak of litigation because of claimants trying to “game the system”.
Civil Liability Bill clears Commons with no exemption for children
The Civil Liability Bill completed its passage through the House of Commons yesterday, with MPs voting by 294 to 238 to approve its third reading amid “enormous respect” for PI lawyers.
Brexit will not help law firms trying to expand abroad, MPs told
Brexit will not create opportunities for law firms to expand into new markets abroad and instead could make it harder, MPs on the justice select committee have been warned.
Civil Liability Bill “undermines Lord Chancellor’s oath of office”
The Civil Liability Bill seriously undermines the oath sworn by Lord Chancellor David Gauke to defend the independence of the judiciary, claimant lawyers have argued.
MPs warn of “devastating impact” on law firms of no-deal Brexit
A ‘no deal’ Brexit would be “devastating” to the legal services sector, “and should be avoided at all costs”, MPs have told the government, saying UK lawyers need to practise easily across the EU.
Law firms look to leverage data in battle with new providers
Law firms big and small are increasingly viewing AI software and particularly the exploitation of data as integral to business health amid growing competition from non-lawyer providers.
Blog
Why law firms are getting AI supervision wrong
The profession’s response to AI supervision failures misunderstands the nature of LLM output – there needs to be for a shift in the culture.
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.
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