Practice Management

Partner caution and client demands “limiting law firm growth”

26 February 2024

The combination of a challenging economy, partner caution about investment, and changing demands of clients will be drags on growth this year, according to a survey of large law firms.

Listed legal group raises £2.8m to reduce reliance on bank facility

23 February 2024

AIM-listed group RBG Holdings – which encompasses London law firms Rosenblatt and Memery Crystal – raised £2.8m in funding yesterday, slightly more than it had sought.

Number of cyber breaches at law firms up by 36% in a year

20 February 2024

The number of reported cyber breaches at UK law firms jumped by 36% in 2022/23 as hackers increasingly target the profession, new figures show.

Solicitor constructively dismissed over return to work after giving birth

19 February 2024

An associate solicitor has won her claim for unfair dismissal over the way her then law firm employer handled her return to work after maternity leave.

Firms billing more often to combat slow-paying clients

19 February 2024

Many law firms plan to bill and collect more frequently to combat clients taking longer to pay as they try to reduce lock-up, a report has found.

“Unstuffy” ABS hits £7m turnover in less than five years

15 February 2024

A Yorkshire alternative business structure founded in 2019 by a solicitor and non-lawyer has grown its turnover from £500,000 in year one to £7m as it expands its range of services.

Firms “asking staff to spend more days in the office”

15 February 2024

More than a fifth of legal professionals across the UK have been asked by their employers to spend more time in the office, but few want to return to it full-time.

Law firm extends opening hours after staff move to four-day week

14 February 2024

A Scottish law firm has extended its opening hours after most of its staff moved to working a four-day week, the latest to experiment with this new way of working.

New ICO certification for lawyers gives “certainty” on data processing

14 February 2024

The Information Commissioner’s Office has approved a certification scheme which it says will provide law firms, chambers and others with “certainty” when processing personal data.

KPMG Law chief: GenAI will reshape conversations about billing

13 February 2024

Generative AI will move lawyers further away from hourly billing and into discussions with clients about the need for a commercial return on their investment in the technology.

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The path to partnership: Bridging the gender gap in law firms

The inaugural LSLA roundtable discussed the significant gender gap at partner level in law firms and what more can be done to increase the rate of progress.

Why private client solicitors should work with financial planners – and tell their clients

Ever since the SRA introduced the transparency rules in 2018, we have encouraged solicitors to not just embrace the regulations and the thinking behind them, but to go far beyond.

A paean to pupils and pupillage

To outsiders, it may seem that it’s our horsehair wigs and Victorian starched collars that are the most unusual thing about the barristers’ profession. I would actually suggest it’s our training.

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