Practice Management
Call for action to help small law firms adopt technology
Tech adoption by small law firms is being held back by cost, uncertainty and a reluctance to invest in systems that quickly become outdated or non-compliant, according to SRA research.
Law firm prices have risen ahead of inflation since 2020
Prices for basic legal services have increased by more than inflation in recent years, while law firms offering fixed costs are significantly cheaper than those giving estimates.
Wealth management business sells ABS to local law firm
A blue-chip wealth management company has transferred the law firm it has owned since 2017 to a well-known East Midlands law firm.
Acquisition marks next step in aggressive growth at Octopus Legacy
The Octopus Group, the £13bn financial services and energy business, claims it is now the second largest estate planning business in the country after buying WSL Will Writing.
Kent firm’s London expansion leads latest M&A deals
Kent firm Judge & Priestley has moved into the capital by acquiring Portner Law in one of several mergers and acquisitions announced this month.
Apprenticeship funding cut will “undo progress” in profession’s diversity
Changes announced yesterday to how Level 7 apprenticeships are funded will undo “years of progress” in improving the legal profession’s diversity, the government has been told.
Government to restrict funding for solicitor apprenticeships
The government is to restrict funding for Level 7 apprenticeships, like the solicitor offering, to those aged between 16 and 21, it has announced.
Fee-share law firms continue to attract hundreds of new recruits
Two fee-share law firms have topped the table for hiring lawyers ahead of big traditional firms, as the model continues to attract new recruits in large numbers.
Sixth and biggest acquisition so far for PE-backed Lawfront
Private equity-backed Lawfront has made its sixth and largest regional firm acquisition to date by bringing in Trethowans, which has five offices in South and South-West England.
“Eyes-on, hands-off” – law firm boss calms fears over PE investment
Lawyers should not believe “everything you read” about the negatives of being acquired by private equity, according to the managing director of a Midlands law firm bought last autumn.
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.
