Legal Services Act
SME legal services platform goes global after City law firm invests
An online legal services platform for SMEs is offering its clients access to lawyers around the world following a “significant” investment from a City law firm, it has emerged.
Profits down but wills and divorce enquiries surge at Co-op
Revenue from legal services at the Co-op was flat in the first six months of this year, but profits fell by a third, the group’s half-year results have revealed.
Council shuts down law firm’s offices for “flouting” Covid-19 rules
A law firm linked with 18 cases of Covid-19 was ordered to shut its office with immediate effect last week after being accused of showing “disregard” for the health of its staff.
Government eyes regulating the law’s unregulated providers
The Ministry of Justice is considering whether to create a register of unregulated providers of legal services and give their clients access to redress if things go wrong, it emerged yesterday.
Listed firm records good results despite Covid-19
Listed law firm Keystone Law saw its turnover rise 6.5% in the first half of its financial year despite new instructions shrinking by nearly a third in the wake of lockdown.
Community Justice Fund grants hit £6m in four months
The Community Justice Fund has now handed out more than £6m in grants since it was set up in May to support not-for-profit legal advice providers through the pandemic.
Demand for fraud partners “to rise dramatically” after pandemic
Demand for partners who specialise in white collar crime will increase just as dramatically after the pandemic as it did after the financial crisis in 2008, a report has predicted.
Metamorph leads way in autumn merger rush
Law firm consolidator Metamorph has unveiled its latest acquisition as one of a slew of mergers and acquisitions that has been announced. Insurance renewal season usually sees activity increase.
DWF partners rake in £4m from first share sales
Partners at DWF cashed in shares worth £4.25m yesterday at the first opportunity to sell some of the stock they received when it listed, as the firm announced a pause in M&A activity.
Solicitor launches unregulated nanotech firm
A solicitor has launched what he believes is the first legal consultancy in the UK devoted entirely to nanotech firms, the latest to use the rules that allow solicitors to practise from unregulated firms.
Blog
Could unpredictable AI costs finally lead firms to true value pricing?
For years, the legal profession has talked of moving away from the billable hour to value-based pricing without quite managing it.
Is your Google Ads budget funding your competitors’ AI visibility?
If your cost-per-click has crept up again this year, you’ve probably assumed the market simply got more expensive. That’s the wrong way to read what’s happening.
Containing the spread of unapproved AI
Nearly 60% of fee-earners admit to using unapproved tools (like free versions of ChatGPT). Yet 68% of firm leaders are confident there is zero risk of unapproved AI being used for client work.
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