Practice Management
Second deal in a month for new ‘buy and build’ legal group
The new legal group backed by a private investment office and aimed in particular at law firms with succession issues has made its second acquisition.
SRA warns over “emerging” money laundering risks for law firms
Acting for cash-intensive high street businesses and relying on existing due diligence are “emerging” risks in the fight against money laundering, the SRA has warned.
Minster Law unveils acquisition to accelerate major growth plan
Personal injury firm Minster Law has followed up its plan to more than double its turnover in five years by acquiring ARAG Law’s PI business.
Top offshore business takes minority private equity investment
Mourant – the offshore group combining legal, governance and consulting services – has taken minority investment in a deal that could open up options for other large firms.
New model complaints procedure “does not guarantee compliance”
The Legal Ombudsman has warned lawyers that using its new model complaints resolution procedure is not “a proxy” for regulatory compliance.
Boosting self-worth leads to higher fees for law firms
Lawyers need to boost their feelings of self-worth so that they do not crumble in the face of – or even before – client demands about fees, an adviser has urged.
PwC: “Meaningful barriers” to automating most legal work
With most law firms rapidly adopting AI, new research by PwC has shown that 80% of legal work faces “meaningful barriers” to full automation.
Non-lawyer men leading AI charge at biggest law firms
Most top UK and US law firms now have a senior executive tasked with overseeing their use of AI – but only a third are lawyers and a quarter are women.
Second acquisition in five months for PE-backed group
The law firm at the centre of private equity-backed Adeptio Law Group has made its second acquisition of the year.
Law firm platform offers £50,000 incentive to aid “softer landing”
The legal arm of AIM-listed professional services business DSW Capital is offering teams that join it an incentive of £50,000 per lawyer to set up their own practices on its platform.
Blog
The profession can play a greater role in improving access to justice
In this, the third blog of my series, I focus on what lawyers in the UK can do to improve access to justice through greater professional stewardship.
Does AI work for conveyancers? We asked those on the front line
What is the view on AI from conveyancers themselves? Based on a Dye & Durham’s roundtable discussion on AI, the answer is: it depends.
Is the legal profession ready for agentic AI?
An AI agent is difficult to supervise. By design, it works in the background. It means a solicitor can be held responsible for work they had no real means to oversee.
Reports
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