Legal Services Act
Mishcon de Reya tight-lipped over listing rumours
London law firm Mishcon de Reya said yesterday that it was looking to raise capital, and refused to confirm or deny media reports that it is eyeing up a listing on the London Stock Exchange.
LeO upholds more complaints of poor service by lawyers
The Legal Ombudsman was more likely to make a finding of poor service against a lawyer than not in 2018/19, reversing the trend of previous years, its annual report has shown.
MBO partners buy off-the-shelf ABS from Gordon Dadds
Five partners from London firm Child & Child, who acquired the firm after it went into administration at the end of last month in a management buyout, used an off-the-shelf ABS, it has emerged.
Gateley targets more non-legal services as turnover soars
Pioneering listed law firm Gateley is aiming to increase the non-legal services it offers substantially after recording record results, with revenues up 20% to £104m.
Consumer panel urges regulators to publish complaints data
The Legal Services Consumer Panel has criticised legal regulators’ continuing “resistance” to publishing complaints data about the lawyers they oversee.
Exclusive: Space, the final frontier for ABSs
A pioneering alternative business structure specialising in space law and named after Neil Armstrong 50 years after he first stepped on the moon has gone live, Legal Futures can reveal.
ABS launches desktop tool linking it to big clients
An alternative business structure set up by an HR consultancy has launched a dedicated case management software tool aimed at integrating large company HR departments with its employment law offering.
Private equity firm buys two leading conveyancing practices
The battle to consolidate the fragmented conveyancing market has stepped up after a private equity company acquired two of the biggest volume providers in the country.
Knights eyes role as consolidator of independent law firms
Knights has unveiled strong results for its first year as a listed company and is now looking to “scale” its business model by acting as a consolidator of independent law firms.
Innovation means “asking tough questions and using data”
Lawyers at high street firms looking to bring innovation into their firm’s cultures have been advised to find space away from day-to-day work pressures and ask if they would do anything different if starting out afresh.
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.
