Practice Management
Employment law changes “could reduce mobility of senior solicitors”
Shortening of the time limit and abolition of the cap on compensation for unfair dismissal will make law firms sharpen their procedures before dismissing staff.
PE-backed barrister group launches outsourced service for chambers
Private-equity backed The Barrister Group has launched a platform that will handle chambers’ operational requirements and also distribute briefs that they cannot handle.
Ethical working cultures “vital” for law firms, indemnity insurer says
An “ethical and supportive working culture” has become “not just beneficial, but vital” to the future of law firms, a leading professional indemnity insurer has said.
Investment in UK lawtech hit new record last year
Investment in UK lawtech companies continues to rise rapidly, hitting a record £189m last year, a 35% jump on the previous year’s record, according to new research.
City firm sets out which types of client it will not act for
The founder of a City law firm specialising in employment and commercial disputes has described how it declines to pitch for work with clients deemed “controversial or ineligible”.
Private equity commits to Fletchers and backs Higgs’ first acquisition
The private equity backer of serious injury law firm Fletchers has committed to another four or five years after announcing a continuation fund transaction.
Global justice “dominated by men from high-income countries”
Global justice is “disproportionately shaped” by high-income countries like the UK and USA, with men making up the majority of top office-holders – particularly in the legal profession.
Broadfield model delivers international growth in first year
Broadfield – the new international law firm supported by a global management consultancy – has achieved a lot in its first year but there is much more to do, according to its UK managing partner.
ILCA: Law firms will look to hold money outside of client accounts
An Interest on Lawyers’ Client Account scheme will likely push law firms to hold more client money outside of a client account, to the detriment of consumer protection.
LawCare busier than ever in “uncertain and demanding times”
The current “uncertain and demanding times” are reflected in the record number of lawyers receiving emotional support from legal mental health charity LawCare.
Blog
Beyond the PII premium – rethinking risk
Professional indemnity insurance renewal is often treated as an annual pricing exercise. But it is also a chance to show how effectively you identify, manage and mitigate risk.
The AI governance gap in law firms and why it matters now
A third of law firms are already using AI tools with no formal policy in place to govern how AI gets used, what data goes into it, or who’s accountable when something goes wrong.
Information isn’t oversight – lessons from the PM Law review
The PM Law review’s real findings perhaps point to a failure mode applying to any organisation sitting on scattered risk information.
Reports
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