Practice Management
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.
PE-backed Orwins unveils another deal as M&A activity hots up
Private equity-backed Orwins is making good on its growth plans by adding Newcastle law firm Clarke Mairs to the group. We also report on other PE and regular M&A activity.
Turnover, profit and debt up at listed firm as it sheds staff
Listed law firm Gateley yesterday issued a mixed set of results, with revenue up by 8.2% but debt quadrupling to £25m, while it is planning to cut up to 40 support staff.
Latest acquisition helps drive growth at multi-disciplinary firm
A 170-year-old law firm has made its sixth acquisition in seven years as it pursues a strategy of bringing together legal services, wealth management, trusts and tax planning.
Law firm finally moves beyond Yorkshire with 27th office
Employee-owned Yorkshire law firm Ison Harrison has opened its first office outside the county, in Manchester, a move championed by one of its partners.
Law firms “need to prove authority” to gain AI approval
Most law firms are failing to send AI engines like ChatGPT, Claude and Gemini the signals they need to recommend them to potential clients, groundbreaking research has found.
New ‘buy and build’ group offers firms succession solution
A new legal group backed by a private investment office has acquired an Oxford practice as the first step in a buy-and-build strategy.
Blog
Is your Google Ads budget funding your competitors’ AI visibility?
If your cost-per-click has crept up again this year, you’ve probably assumed the market simply got more expensive. That’s the wrong way to read what’s happening.
Containing the spread of unapproved AI
Nearly 60% of fee-earners admit to using unapproved tools (like free versions of ChatGPT). Yet 68% of firm leaders are confident there is zero risk of unapproved AI being used for client work.
When AI adoption goes wrong, costs add up fast
City AM recently reported that London is fighting to claim the title of ‘global capital of legal AI’. However, it’s crucial we remember that adoption alone does not create value.
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