Practice Management


“Favourable” PII market expected to continue throughout 2024

6 August 2024

The current “favourable” professional indemnity insurance market is expected to continue throughout the rest of 2024, according to a leading broker.


AI will have bigger impact on law than the internet, says thinktank

5 August 2024

Artificial intelligence will have a greater impact on legal services than the internet revolution, a roundtable sponsored by the Solicitors Regulation Authority has predicted.


Law firms facing “astronomical ransom demands” from cyber-attackers

2 August 2024

The legal sector has faced “astronomical ransom demands” from cyber-attackers in recent years, ranging from $30,000 to $21m, according to new research.


First law firm obtains specialist legal services ICO certification

1 August 2024

A leading law firm has become the first to obtain the new legal services-specific data protection certification approved by the Information Commissioner’s Office.


Medical negligence specialist firm becomes employee-owned

31 July 2024

A law firm specialising in medical negligence has embraced employee ownership, giving the staff a “less risky future” at a time of uncertainty in the sector.


South Asian lawyers “experience discrimination in career progression”

24 July 2024

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

18 July 2024

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

17 July 2024

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

17 July 2024

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

5 July 2024

Another law firm specialising in volume consumer claims has collapsed, with administrators called in yesterday at Liverpool-based McDermott Smith Law.

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AI and law firm risk – the view of professional indemnity insurers

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