Market monitor


Positive start to listed life for one of law’s latest PLCs

12 September 2018

The credit hire and legal services group that floated in June has announced positive maiden results as a listed company as it looks to expand its fee-earning capacity.


Revealed: US firm fast-tracks UK launch using ABS’s platform

10 September 2018

A US class action law firm has used a new platform created by an alternative business structure to fast-track its UK launch, Legal Futures can reveal.


EHRC launches legal aid inquiry after damning justice report

10 September 2018

A catalogue of disastrous consequences has followed a reduction in the scope of legal aid, including debt from high lawyers’ fees, poor judicial decisions, and knock-on costs for the public purse.


PI small claims limit below £5,000 “would see lawyers play system”

7 September 2018

Setting the small claim limit for road traffic accident cases at a lower level than £5,000 would “fuel claims displacement”, the Lord Chancellor has predicted.


Free wills website recruits firms in bid to become top brand

6 September 2018

The founder of an online service centred on free wills is recruiting law firms and national charities in a bid to become “the leading will-writing brand in the UK”.


MoJ sets date for Civil Liability Bill savings report: 2025

6 September 2018

It will not be until 2024 or even 2025 that MPs and others will discover whether insurers have passed on the huge savings the Civil Liability Bill is likely to generate.


NewLaw’s PLC owner unveils strong results

6 September 2018

The listed company that owns NewLaw Solicitors has announced strong annual results, with the law firm reducing its focus on road traffic accident claims.


Gauke to exempt vulnerable road users from whiplash reforms

5 September 2018

Vulnerable road users, such as pedestrians and cyclists, will be completely exempt from the government’s whiplash reforms, the Lord Chancellor announced yesterday.


Knowledge platform aims to foster barrister entrepreneurs

5 September 2018

The owner of the Bar Directory’s new online home has said his ultimate goal is to create a platform where individual barristers could earn subscription income through self-publishing.


Shadow justice secretary hits out at Civil Liability Bill

4 September 2018

The shadow justice secretary has ripped into the Civil Liability Bill, saying Labour will vote against it as it stands. He said the government had to remove the “barriers to justice”.

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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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