Practice Management

Southern England firm BDB Pitmans yesterday became Broadfield UK, the founder member of a planned international law firm supported by a global management consultancy.

Listed law firm Gateley said yesterday that it expected “pricing and efficiencies” to mitigate the extra £1.8m that the National Insurance increase is set to cost it.

Law firms need to redesign their social media strategies to embrace influencers who “massively outperform” their firms on LinkedIn.

Fee-share law firms are still growing “at pace”, with two recruiting more lawyers in the first half of this year than any traditional practice, according to new research.

Law firms are spending a significant chunk of their marketing budgets on social media, but are seeing little return on investment.

Lawyers and training providers have expressed alarm at the prospect of the government removing funding for level 7 apprenticeships, like the solicitor offering.

Herbert Smith Freehills has announced a “transformational” merger with a US firm, while HF has bought a construction practice, among recent M&A deals.

Pressure on margins has become more acute for many SME law firms over the past year but optimism about the future remains high, according to new research.

Small law firms have embraced artificial intelligence, with document drafting or automation the most popular application, according to new research.

Four out of 10 law firms increased revenues above inflation in the last financial year, while 89% expect revenue to go up in the current year, research has found.