Practice Management
Large law firms negative about impact of GenAI on finances
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
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
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.
Scottish law firm extends English footprint with City acquisition
Scottish law firm Gilson Gray has extended its expansion south of the border by acquiring City of London-based PCM Solicitors, with plans to enter other markets too.
Gap between EDI policy and practice at law firms and in-house
There remains a gap between policy and practice when it comes to diversity, equality and inclusion at both law firms and in-house legal departments.
Embracing the Madness – firm begins acquisition push with music practice
A London law firm with a host of high-profile clients is targeting more acquisitions after bringing in a boutique practice particularly well known for its entertainment work.
Former law firm CEO takes majority stake in legal pricing platform
The former chief executive of listed legal services group RBG Holdings has taken a majority stake in a platform which uses AI to help law firms price their work.
Law firm employee passwords “widely available” on Dark Web
Almost three-quarters of UK law firms have at least one employee password leaked into publicly available sources, the largest study of its kind has found.
AI use among lawyers soaring but impact on fees uncertain
Four out of five lawyers are currently using or planning to use artificial intelligence tools, according to new research – but the impact on pricing remains unclear.
Law firms abandoning partnerships “to raise external funding”
The main reason why larger law firms are moving away from traditional partnership structures is the lack of ability to raise external funding, a report has found.
Blog
Seasonal law firm marketing: is it worth it?
Marketing is essential for any law firm looking to attract clients and build its brand. One such strategy that has gained traction in recent years is seasonal marketing.
The state of the UK conveyancing market in 2024
Last year saw significant headwinds for the conveyancing market, with falling transaction volumes and rising interest rates. But what does it mean for conveyancers and what opportunities lie ahead?
The severe lack of housing lawyers risks undermining renters’ reforms
A new bill introduced into Parliament last month will “rebalance the relationship between tenant and landlord” and give greater security for 11 million renters.
Reports
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