Practice Management
Meet Mike, the open-source AI challenger built by a City solicitor
A growing number of lawyers and law firms are contacting the solicitor who created Mike, a free alternative to the AI giants Harvey and Legora.
AI leading to “radical shift” in client expectations
Law firms around the world are warning that AI is already leading to a “radical shift” in client expectations, with lower fees top of the list.
Multi-office firm fell into administration after sale fell through
West of England law firm BLB Solicitors was forced into administration after a sale fell through at a late stage, its administrators have revealed.
Solicitors start again after selling firm to multi-disciplinary group
A husband-and-wife team whose law firm was bought by a professional services group a year ago have struck out on their own again with a new platform law firm.
HF “did not need its private equity backer” for major acquisition
National insurance and commercial law firm HF did not need the private equity investment it received in 2024 to buy health and social care specialists Hempsons, a deal unveiled yesterday.
Listed law firm’s revenue grows by 18% as it rolls out agentic AI
AIM-listed Keystone Law has reported revenue growth of almost 18% to over £115m in its latest annual financial results, while the AIIC Group has also announced strong growth.
Major PE-backed law firms unveil latest acquisitions
Two fast-growing private equity-backed law firms in the North-West have unveiled acquisitions to boost their Court of Protection and personal injury practices respectively.
Hourly billing not dead, says firm offering fixed-rate subscription
A fast-growing law firm has launched a subscription service for SMEs that focuses solely on fixing hourly rates – starting at £250 an hour for clients that sign up for a year.
AI playing “vital role” in managing legal aid work
AI is fast becoming a vital part of how law firms can afford to carry out legal aid work, according to the practice director of the country’s largest legal aid practice.
Exclusive: PE-backed Manchester firm lays out major growth plans
A Manchester-based law firm backed by private equity investment wants to at least triple in size over the next two years and is planning for multiple acquisitions by the end of 2026.
Blog
Lessons from Sir Keir Starmer for SRA chief
The proposed 29%, or £25m, increase in the Solicitors Regulation Authority’s budget announced last week should really come as no great surprise.
The hidden risks in client account reconciliations
The client account reconciliation process will be second nature to most people in legal finance – and so is also a potential area for a problem to be undetected until it becomes serious.
Mentoring the next generation of litigation leaders
As a female lawyer, from the North, with a state school education, I understand the value of sharing perspectives, experiences and contacts.
