Legal Services Act
Knights enters Yorkshire as firms line up to be bought
Fast-growing listed law firm Knights is moving into Yorkshire this month as its chief executive says he is receiving an increasing number of approaching from potential acquisitions.
Big law firms having to become multi-disciplinary, report finds
The biggest international law firms being driven by their clients towards a multi-disciplinary “integrated solutions” approach to delivering legal services, a report has found. But it won’t be easy.
Ince set to raise £16m to fuel growth
Listed law firm Ince Group raised £12m through a placing today – with a further £4m in the pipeline – in a bid to support growth and its balance sheet, but saw its share price crash as a result.
Pioneering listed law firm and staff reap rewards
The country’s first listed law firm will continue to diversify its offering, it said today as it unveiled a strong set of half-year results that showed how partners and staff are benefiting too.
Barristers to lose out from Iraq claims firm’s liquidation
Barristers instructed by now-defunct Birmingham law firm Public Interest Lawyers are set to lose out significantly from its liquidation, although its collapse may yet spark legal action.
New ABS aims to improve on fee-share model
The founders of a new consultant-led law firm are aiming to challenge not only the traditional law firm model but also the current fee-share models which have evolved over recent years.
City firms risk breaking rules with onshore centres
City firms with ‘onshore’ offices in cities such as Belfast and Manchester are breaking professional rules by not making it clear to clients where the work is being done, groundbreaking research has suggested.
PI firm saved in pre-pack sale amid merger deals
A personal injury law firm in Preston has been saved following its sale out of a pre-pack administration as the weeks before Christmas saw more mergers around the country.
Strong year for Law PLC as most firms’ shares surge
Several listed legal businesses surged ahead of the market during 2019, with regional law firm Knights providing investors with a particularly rich return, a Legal Futures analysis has shown.
Knights continues acquisition spree
Knights has unveiled the sixth acquisition in its 18 months as a listed firm to boost its recently established presence in Birmingham. Fellow listed firm Rosenblatt has hired a former Met Police commissioner.
Blog
On good authority? GenAI and the reputational risks to law firms
As GenAI’s influence grows, so do the risks which are already playing out in courtrooms across England and Wales, where some early adopters are setting precedents they would rather not.
Why this is the year for law firms to embrace generative AI
After more than a year of pilots, proofs of value and early experimentation, firms are increasingly embedding AI into day-to-day workflows.
Client account interest is not spare change
The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.
