Legal Services Act
Large law firms “increasingly losing out to Big 4”
The Big Four accounting firms are really starting to make their mark in the law, with 23% of large law firms in the UK and US saying they have lost work to them in the past year.
Exclusive: Rocket Lawyer eyes UK insurer tie-ups
Online legal documents giant Rocket Lawyer is in talks with UK insurance companies to integrate its digital services into their platforms, Legal Futures can reveal.
Exclusive: Pioneering law firm goes into administration – again
Pioneering law firm Just Costs Solicitors went into administration on Friday, leading to 26 redundancies. It is effectively the firm’s second administration after the original Just Costs went down in 2017.
Gordon Dadds raises 15% more than planned in share placing
Listed law firm Gordon Dadds ended up raising 15% more than the minimum it hoped for from yesterday’s share placing, even though the move wiped a quarter off the company’s value.
Listed law firm raises £10m acquisition warchest
Listed law firm Gordon Dadds Group today announced its intention to raise £10m from institutional shareholders to help fund its increasingly international acquisition strategy.
LSB rules “could stop Law Society from criticising SRA”
The Law Society has said it is “deeply concerned” that new rules proposed by the Legal Services Board could largely prevent it from either lobbying or criticising the Solicitors Regulation Authority.
Getting it right first time: LeO rolls out new complaints approach
A new operational model for handling complaints, piloted last year by the Legal Ombudsman, has boosted quality and efficiency, and helped it get “the work right first time”.
Panel questions future of underperforming regulator
The position of the smaller legal regulators has been thrust into the spotlight, with the chair of the Legal Services Consumer Panel suggesting that one may be at risk of losing its right to regulate.
Listed law firm’s shares soar on positive trading update
Keystone Law – the most successful listed law firm in 2018 when judged by share price – saw it soar a further 15% yesterday after a positive trading update.
Exclusive: Acquisition vehicle eyes PI firm deal rush
The law firm which bought private equity-owned Roberts Jackson out of administration is planning several more deals to help others exit the personal injury market, Legal Futures can reveal.
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.
