Legal Services Act
Number of conveyancing firms continues to fall amid consolidation
The number of law firms involved in conveyancing has dropped below 4,000 for the first time for many years, while the top 1,000 have a bigger share of the market than ever, according to new research.
“Calm before the storm” for personal injury market
The personal injury market is experiencing a “calm before the storm”, with law firms trying to assess their options rather than actively planning to exit, ‘We buy any files’ pioneer Neil Hudgell has said.
Claimant PI market will “contract sharply” after whiplash reforms
The Civil Liability Act reforms will lead to a sharp contraction in the claimant personal injury (PI) market, with firm closures and staff redundancies, according to a survey of solicitors.
Survey: recruitment fears head mid-sized firms’ concerns
Recruiting and retaining talent is the top priority among mid-sized law firms, ahead of efficiency and financial performance, according to a benchmark survey of preoccupations as they devise strategy.
Dental regulator named new chief executive of LSB
The executive director of strategy, policy and communications at the General Dental Council has been named as the new chief executive of the Legal Services Board.
Listed pioneer records strong growth with turnover and profits up
Gateley – the first listed law firm – is expected to announce an 18% rise in turnover in its annual results, with profits up 10%, it told shareholders today. However, its share price dipped on the news.
UN highlights role of legal aid cuts in “immiseration” of millions
The decimation of legal aid has contributed to “the systematic immiseration of millions across Great Britain”, the UN’s expert on poverty and human rights said yesterday.
Consumer panel urges regulators to act on lawtech
Regulators need to monitor the development of legal technology and issue guidance to help maximise the opportunities it presents while delivering the necessary protection for consumers.
Knights shares on the rise as trading update signals strong growth
Shares in Knights rose yesterday on the back of a strong trading update, with their price now doubled since the national law firm floated last June. Revenue for the financial year is expected to be up 50%.
Medical agencies need formal regulation, says MedCo
Evidence of misrepresentation, dishonesty and fraud by medical agencies supplying solicitors with expert reports means the government should consider formally regulating them, MedCo has argued.
Blog
Business fatigue to AI will risk job security
Whilst we know professional learning has always been part of career paths, to hire, retain and keep talent, AI needs to be embedded as a core part of this training.
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.
