Legal Services Act
Law firms need to offer “holistic services”, says Glaisyers boss
Law firms of the future need to offer clients a “holistic service” beyond just legal advice, according to the boss of a law firm bought by a multi-disciplinary European network last week.
Law Society’s £30m cut of practising fees faces scrutiny
The £30m that the Law Society levies on solicitors for its representative work is to be put under the microscope by the Legal Services Board next year.
Innovation in law – it takes “sweat, risk and stubbornness”
The founder of pioneering alternative business structure rradar has described innovation in the legal sector as “sweat, risk and stubbornness”. It is now lining up acquisitions to aid growth.
Manchester law firm bought by global multi-disciplinary network
Manchester law firm Glaisyers is set to become a multi-disciplinary practice for SME clients after being acquired by a consortium led by an international network of professional service firms.
Latest reorganisation seeks to build “Future Law Society”
The Law Society is undergoing its latest internal reorganisation, with the aim of creating “the Future Law Society” by 2022. It also wants solicitors to focus on work that cannot be automated.
Incoming Bar chair warns of “nightmare scenario” over regulation
The Bar could be “sleep walking into a nightmare scenario” where new rules mean it has no involvement with its regulator, the incoming chairman of the Bar Council has warned.
Another acquisition for Simpson Millar as growth strategy kicks in
Private equity-owned national firm Simpson Millar has increased its staff to over 500 and extended its reach in the North-West with the acquisition of a Lancaster-based general practice.
London law firm in employee ownership first
Hodge Jones & Allen has become the first law firm to be entirely owned by its employees like retailer John Lewis after its equity partners agreed to sell the business to an employee ownership trust.
Big Four accountants “a force that no law firm can match”
Sir Nigel Knowles has warned the top commercial law firms that the big four accountants are “a force that no law firm can match” in their ability to invest in capital projects.
Dispute with ATE insurer sent PE-backed law firm insolvent
A dispute with its former after-the-event insurer was the key factor in private equity-backed Roberts Jackson becoming insolvent and being sold in a pre-pack, it has emerged.
Blog
Amplifying reach through employee-driven thought leadership
Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.
Divorce escrow: asset sales before final settlement
When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.
AML lacks clarity – and standards are suffering
If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.
