Practice Management
PE-backed deal and reverse takeover lead latest M&A rush
The annual rush of M&A activity around the October insurance renewal season has included a private equity-backed deal and a firm buying another more than twice its size.
Law firm targets London growth after taking private equity
A 25-partner law firm has become the first mid-market practice in London to take private equity investment, with plans to grow both organically and through acquisition.
UK law firms increase responsible business scores as US plunges
The top 100 UK law firms have increased their responsible business scores, while the average results for US counterparts have crashed “in the face of political headwinds”.
Poor mental health rife in the profession, says major study
Six in 10 people working in the law have poor mental wellbeing, while a fifth feel they have been bullied, harassed or discriminated against in the past year.
Launch of barrister apprenticeships moving closer
Candidates should soon be able to apply for the first barrister apprenticeships, it emerged at an event that also featured a debate about the existence of ‘imposter syndrome’.
Doing nothing “is a legitimate strategy for lawyers”
Doing nothing is “a legitimate strategy” for lawyers which “maintains focus on key objectives and avoids burnout”, the founder of LOD (Lawyers on Demand) has argued.
Buoyant Keystone sees share price soar alongside income and profits
Listed firm Keystone Law continues to make significant strides, with revenue up 17% in the first half of its financial year and likely to exceed market expectations for the full year.
Biggest law firms lead way in using – and showing they use – AI
New research has highlighted the importance of using artificial intelligence – and being seen to use it – among the largest law firms.
Acquisition and US ABS first for Lawhive after footballers invest
Consumer law platform Lawhive has said it will be looking for similar targets after buying fee-share law firm Woodstock Legal Services and setting up an ABS in the US.
Burford invests in consultancy as it eyes stakes in large law firms
Burford Capital has made a clear statement of intent to ramp up its investing beyond litigation by taking a minority stake in a UK consultancy that launches and helps manage law firms.
Blog
The SRA’s client money reforms: good intentions, questionable execution
On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.
Recruitment, retention and reward in the legal accounts world
Understanding the legal finance market is important – not just for those actively involved in it day-to-day but also for leaders within law firms.
From ‘year zero’ to £6.5m – how a law firm found its second life
In 2018, I hit what I call ‘year zero’. On paper, Olliers Solicitors was a top-tier criminal defence firm but beneath the surface, I could see we were at a crossroads.
