Practice Management
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.
AI use gaining ground rapidly across legal profession
Six out of 10 lawyers are using GenAI for work purposes and most of the rest plan to use it, with small law firms twice as likely as larger practices to “rely heavily on AI for day-to-day work”.
Acquisition number 15 for Gateley as it beefs up IP practice
Gateley has made the 15th acquisition since it listed just over a decade ago by buying intellectual property law firm Groom Wilkes & Wright for up to £9m.
Law firms’ need for growth makes private equity “attractive option”
The need for law firms to keep growing – because “if you’re standing still, you’re going backwards” – is making the option of private equity investment increasingly attractive.
Third-party managed account first for licensed conveyancers
The Council for Licensed Conveyancers has issued its first approval for a law firm to use a third-party managed account for its client funds.
Rise of law firm consolidators “will not lead to bidding wars”
The growing number of consolidators in the legal market does not mean there will be a bidding war for attractive law firm targets, the newest player in the field has said.
Only one in five chambers signed up to Cyber Essentials
Just 19% of barristers’ chambers currently meet the Bar Council and Law Society’s joint recommendation to achieve Cyber Essentials certification, new research has found.
Blog
The Decent Homes Standard scandal
It is well established that the UK has the highest proportion of inadequate housing in all of Europe. But what if the heart of the problem is even worse than we think?
The evolving standard: AI and professional negligence
AI creates an obvious professional negligence risk. Using it carelessly may fall below the standard of reasonable skill and care. As may failing to use it, in certain circumstances.
The ongoing rise and challenge of housing disrepair in council properties
Britain’s housing disrepair crisis has quietly evolved into one of the most consequential legal and political issues facing the country’s social housing sector.
