Practice Management
Gap between EDI policy and practice at law firms and in-house
There remains a gap between policy and practice when it comes to diversity, equality and inclusion at both law firms and in-house legal departments.
Embracing the Madness – firm begins acquisition push with music practice
A London law firm with a host of high-profile clients is targeting more acquisitions after bringing in a boutique practice particularly well known for its entertainment work.
Former law firm CEO takes majority stake in legal pricing platform
The former chief executive of listed legal services group RBG Holdings has taken a majority stake in a platform which uses AI to help law firms price their work.
Law firm employee passwords “widely available” on Dark Web
Almost three-quarters of UK law firms have at least one employee password leaked into publicly available sources, the largest study of its kind has found.
AI use among lawyers soaring but impact on fees uncertain
Four out of five lawyers are currently using or planning to use artificial intelligence tools, according to new research – but the impact on pricing remains unclear.
Law firms abandoning partnerships “to raise external funding”
The main reason why larger law firms are moving away from traditional partnership structures is the lack of ability to raise external funding, a report has found.
National firm shutters four teams in restructuring
Fast-growing national law firm Taylor Rose has announced a restructuring which will see it shut down four teams and lead to some redundancies.
Law firm chooses employee ownership over private equity
The latest law firm to embrace employee ownership – also one of the largest – did so after turning down private equity offers worth “millions of pounds”, its chief executive has revealed.
Lawyers commit to no printing for City firm’s low-carbon service
A City law firm has asked its lawyers to e-sign an agreement not to print documents for a low-carbon service specially developed for the Government Legal Department.
Firm entitled to ask disabled secretary to consider hybrid working
It was reasonable for a London law firm to raise the possibility of a disabled secretary who worked from home spending two days a week in the office, a tribunal has ruled.
Blog
Change in regulator shouldn’t make AML less of a priority
While SRA fines for AML have been climbing, many in the profession aren’t confident they will get any relief from the FCA, a body used to dealing with a highly regulated industry.
There are 17 million wills waiting to be written
The main reason cited by people who do not have a will was a lack of awareness as to how to arrange one. As a professional community, we seem to be failing to get our message across.
The case for a single legal services regulator: why the current system is failing
From catastrophic firm collapses to endemic compliance failures, the evidence is mounting that the current multi-regulator model is fundamentally broken.
