Practice Management


Small law firms embracing AI as they move away from hourly billing

7 November 2024

Small law firms have embraced artificial intelligence, with document drafting or automation the most popular application, according to new research.


Strong results for law firms despite high inflation

6 November 2024

Four out of 10 law firms increased revenues above inflation in the last financial year, while 89% expect revenue to go up in the current year, research has found.


Most law firms and in-house teams struggling to recruit

1 November 2024

Three-quarters of law firms and in-house legal departments have found it difficult to hire staff in the last 12 months, new research has found.


Top law firms embrace branding with “emotional buy-in”

1 November 2024

There is “an emerging class” of law firms among the top 100 which have adopted brands “evoking emotional buy-in and defining themselves as social and client champions”.


Law firm uses trainees to find problems and solve them with AI

31 October 2024

A law firm is using teams of trainee solicitors to find problems that can be solved by artificial intelligence, develop solutions and present them to managers.


Mental health challenges “costing large law firms millions”

30 October 2024

Mental health challenges are costing large law firms millions of pounds every year and reducing productivity by 19%, a report has indicated.


Make wellbeing “part of lawyers’ performance assessments”

25 October 2024

Lawyers’ approach to wellbeing should form part of their performance assessments, while firms should have “open and honest discussions” with clients about mental health.


Large law firms negative about impact of GenAI on finances

22 October 2024

The majority of large law firms outside of the top 10 are negative about the impact of generative artificial intelligence on their practices, new research has shown.


Traditional partnership losing appeal, says boss of PE-backed firm

9 October 2024

The traditional partnership model is losing its grip on solicitors, according to the boss of a private equity-owned firm who says it has been able to do things it could not before the takeover.


Smaller firms falling out of love with merger, research finds

9 October 2024

One in 10 smaller law firms are open to mergers or acquisitions, a proportion which has fallen steadily over the last two years, new research has found.

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Blog


The new sexual harassment law: first among equals?

If there is a case for enhancing compensation for sexual harassment cases, then surely there is an equally strong case for enhancing compensation for other forms of harassment?


Harnessing legal frameworks to drive decarbonisation

Lawyers have a unique and pivotal role in the global push toward decarbonisation. They are stepping up to help organisations integrate sustainability into everyday operations.


The SRA – an unprecedented crisis of confidence

Be in no doubt that yesterday marked the deepest crisis that the Solicitors Regulation Authority has ever faced. It needs to show humility and accountability.


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