Practice Management
Law firm’s AI agent supporting junior paralegals
A venture capital-backed law firm’s AI agent is handling both legal and non-legal work for its lawyers, its founder has said – like creating files, drawing up ‘to do’ lists and drafting emails,
AI “could amplify gender biases in legal profession”
Increased use of artificial intelligence could “perpetuate or even amplify existing gender biases in the legal profession”, new research has warned.
Broadfield UK goes live as founder of international law firm
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 firms lay out £4m impact of NI increase
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.
LinkedIn superinfluencers “massively outperform” their law firms
Law firms need to redesign their social media strategies to embrace influencers who “massively outperform” their firms on LinkedIn.
Fee-share law firms growing faster than traditional practices
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 not seeing return on social media marketing spend
Law firms are spending a significant chunk of their marketing budgets on social media, but are seeing little return on investment.
Alarm over threat to remove funding from solicitor apprenticeship
Lawyers and training providers have expressed alarm at the prospect of the government removing funding for level 7 apprenticeships, like the solicitor offering.
Transatlanctic tie-up leads way in latest M&A activity
Herbert Smith Freehills has announced a “transformational” merger with a US firm, while HF has bought a construction practice, among recent M&A deals.
Client account interest helps small firms deal with margin pressure
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.
Blog
Lessons from Sir Keir Starmer for SRA chief
The proposed 29%, or £25m, increase in the Solicitors Regulation Authority’s budget announced last week should really come as no great surprise.
The hidden risks in client account reconciliations
The client account reconciliation process will be second nature to most people in legal finance – and so is also a potential area for a problem to be undetected until it becomes serious.
Mentoring the next generation of litigation leaders
As a female lawyer, from the North, with a state school education, I understand the value of sharing perspectives, experiences and contacts.
