Practice Management
South Asian lawyers “experience discrimination in career progression”
Two-thirds of South Asian partners in large London law firms have experienced racial discrimination in career progression, a new report has found.
Law firm targets acquisitions after taking private equity backing
Beyond Law Group – which currently owns three practices – has accepted private equity investment as it plans to expand significantly through organic and acquisitive growth.
Lack of trust preventing consumers from complaining to law firms
Trust in in the legal profession is relatively high – but not when it comes to believing law firms will deal with complaints properly, major research has found.
“Generational shift in priorities” between aspiring and established lawyers
There is “a significant generational shift in priorities” between those seeking their first job as a lawyer and those already working for law firms, a report has found.
Another volume consumer claims firm goes down owing £37m
Another law firm specialising in volume consumer claims has collapsed, with administrators called in yesterday at Liverpool-based McDermott Smith Law.
Law firm turns four-day week pilot into permanent fixture
One of the very few UK law firms to trial a four-day week has now formally adopted it after a successful pilot that proved a “massive attraction” to potential recruits.
Partner underperformance hitting many law firms’ profitability
Partner underperformance remains an issue for most law firms and continues to affect profitability “significantly”, according to new research.
West Midlands ‘supercluster’ aims to drive forward lawtech
Plans to boost innovation and the use of lawtech in the West Midlands over the next decade have been unveiled by the UK’s first professional services technology ‘supercluster’.
Senior legal managers speak out on menopause challenges
Women with senior management roles in the legal world have spoken out on how the menopause has affected them in the workplace in a bid to build a new movement.
Private equity-owned law firms progress acquisition strategies
One private equity-owned law firm has unveiled its latest acquisition, while another has announced a re-financing deal so it can buy more firms.
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.
